albertsons outlook news

Albertsons Details Cost-Cutting Plans

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.

Wall Street Journal · 1d

Albertsons Details Cost-Cutting Plans After Failed Kroger Deal

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

Fortune · 20h

Albertsons CEO unveils plan to compete with Walmart and Costco after $24.6 billion Kroger meltdown

Albertsons cites GLP-1s and AI as sources for optimism amid inflationary headwinds.

Albertsons raises profit guidance

The Spokesman-Review · 22h

Albertsons raises profit guidance after dropping Kroger deal

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. The nation’s second-largest supermarket operator now expects adjusted earnings per share in the range of $2.25 to $2.31, up from as much as $2.30 previously.

Investopedia on MSN · 1d

Albertsons Profits Top Estimates in First Quarter Since End of Kroger Merger

Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than analysts had expected, while sales fell just short of estimates.

YAHOO!Finance · 1d

Albertsons posts Q3 profit beat, raises full-year outlook

Albertsons (ACI) stock is trading higher Wednesday morning after the grocer released third-quarter fiscal results. While revenue fell short of expectations, the company surpassed profit estimates and raised its full-year 2025 earnings guidance following the report.

MT Newswires on MSN1d

Albertsons Lifts Full-Year Earnings Outlook Following Mixed Fiscal Third-Quarter Results

Albertsons Companies' (ACI) fiscal third-quarter earnings came in ahead of Wall Street estimates but revenue missed expectations while the grocery chain raised its full-year bottom-line outlook ...

Grocery Giant Albertsons Q3 Sales Grow As Pharmacy Products Shine; Boosts Annual Earnings Outlook

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

22h

Albertsons price target raised to $24 from $22 at BofA

BofA raised the firm’s price target on Albertsons (ACI) to $24 from $22 and keeps a Neutral rating on the shares. The firm noted that Q3 ...

Food29d

Albertsons terminates merger with Kroger, sues for financial ‘relief’ for years of limbo

Albertsons’ CEO Vivek Sankaran sought to reassure shareholders of its current financial condition and outlook without a Kroger partnership. “We start this next chapter in strong financial ...

Investing23d

Albertsons' SWOT analysis: grocery giant faces challenges after blocked merger

The company's performance has been marked by strong growth in certain segments, while facing headwinds in others, prompting analysts to reassess their outlook on the stock. Albertsons' financial ...

Albertsons Lifts FY24 Earnings Forecast In Line Or Above Market After Q3 Beats View - Update

Food and drug retailer Albertsons Companies, Inc. (ACI), while reporting higher third-quarter results, on Wednesday lifted its ...

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