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.
US grocery retailer Albertsons’ efforts to increase its customer value proposition – and investor appeal in the wake of its ...
The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...
Boise, Idaho, U.S.A.-based Albertsons reported an increase in sales in Q3 2024 and a slightly higher profit outlook for FY ...
The grocer credited its IT investments with helping improve customer experience, increase sales and enhance productivity.
The grocer topped 44.3 million loyalty members during its third quarter after simplifying in April how customers can earn and ...
Albertson's $25 billion merger with Kroger went down the regulatory pan. What now? Digital and pharmacy are the two big rolls of the ...
Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's ...
Shares of Albertsons were trading higher after the grocery-store chain increased its forecast of earnings for the fiscal year ...
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