With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.

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 Companies reported a 1.2% increase in sales for Q3, totaling $18.774 billion, slightly missing estimates.

We are a stronger company today than pre-merger,” Chief Financial Officer Shannon McCollam said on a call with analysts.

Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new ...

Outlook: Albertsons raised FY24 adjusted EPS outlook from $2.20 – $2.30 to $2.25 – 2.31 versus an estimate of $2.26. ACI expects FY24 identical sales growth of 1.8% – 2.0% (previously 1.8% ...

The grocery chain raised its profit outlook for 2024, but tempered its same-store sales guidance With no Kroger Co. merger to rely on, grocery chain Albertsons Cos. Inc. on Wednesday said it would ...

Outlook: Albertsons raised FY24 adjusted EPS outlook from $2.20 – $2.30 to $2.25 – 2.31 versus an estimate of $2.26. ACI expects FY24 identical sales growth of 1.8% – 2.0% (previously 1.8% – 2.2%).

(Bloomberg) -- Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new path after its proposed deal with Kroger Co. fell apart.

Albertsons executives laid out plans to cut about $1.5 billion in costs over the next three years, speaking on the grocery store operator's first earnings call in more than two years. Last month a [fe ...