Albertsons Profits Top Estimates in First Quarter

Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.
Food2h
Albertsons seeks innovative brands and enhances marketing to reinforce its position without Kroger
US grocery retailer Albertsons’ efforts to increase its customer value proposition – and investor appeal in the wake of its ...
Albertsons reports modest results as it looks ahead after failed merger
The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...
Albertsons Faces Financial Turmoil Amid Merger Fallout and Legal Challenges
Albertsons Companies, Inc. (ACI) has disclosed a new risk, in the Corporate Activity and Growth category.Stay Ahead of the Market:Discover ...
ProgressiveGrocer1d
Albertsons Posts Solid Q3 Following Merger Fallout
Albertsons Cos. is moving onward and upward after its proposed $24.6 billion merger with The Kroger Co. fell apart last month ...
Albertsons’ Q3 FY24 net sales growth fuelled by identical sales
US supermarket chain Albertsons Companies has reported a 1.2% increase in net sales and other revenue, reaching $18.77bn for ...
Once Seattle’s grocery darling, QFC in limbo after Kroger-Albertsons merger fails
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
Farmers' Advance7d
Albertsons calls off merger after court rulings, suing Kroger 'for billions'
Albertsons announced it is pulling out of its plans to merge with Kroger, citing two court rulings barring the transaction.
Albertsons Raises Outlook as 3Q Sales Rise -- Update
The Boise, Idaho, grocery chain reported net income of $400.6 million, or 69 cents a share, for the third quarter, up from $361.4 million, or 62 cents a share, a year earlier. Stripping out certain ...
Albertsons Stock Gains After Earnings. Grocer Is Upbeat Despite ‘Cautious’ Customers.
Shares of Albertsons were trading higher after the grocery-store chain increased its forecast of earnings for the fiscal year ...