Albertsons raises profit guidance

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.
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.
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.
Albertsons Raises Outlook as 3Q Sales Rise -- Update
Albertsons Cos. posted higher quarterly sales Wednesday, the first glimpse into the grocer's business since its failed merger with Kroger. The Boise, Idaho, grocery chain reported net income of $400.6 million,
Albertsons misses quarterly sales estimates
Albertsons missed third-quarter sales expectations on Wednesday, as intense competition from bigger retailers such as Walmart and Kroger offering heavy discounts and promotions hurt demand.
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Albertsons announces Q3 2024 sales rise in the wake of failed merger with Kroger
Boise, Idaho, U.S.A.-based Albertsons reported an increase in sales in Q3 2024 and a slightly higher profit outlook for FY ...
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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.
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 ...
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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 ...