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.
1don MSN
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.
Boise, Idaho, U.S.A.-based Albertsons reported an increase in sales in Q3 2024 and a slightly higher profit outlook for FY ...
Albertsons Companies reported a 1.2% increase in sales for Q3, totaling $18.774 billion, slightly missing estimates.
Shares of Albertsons were trading higher after the grocery-store chain increased its forecast of earnings for the fiscal year ...
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 ...
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 ...
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