by Mike Duff | Dec 4, 2025 | Retail Articles
Kroger posted mixed results in the third quarter, impacted by the shutdown of the United States Federal Government and shoppers who were more selective in their spending. Net loss was $1.32 billion, or $2.02 per diluted share, versus net earnings of $618 million, or...
by Mike Duff | Jul 15, 2025 | Retail Articles
In the first quarter, Albertsons Cos. posted an identical sales gain and topped Wall Street’s earnings and revenue estimates, but profits declined. Net income was $236.4 million, or 41 cents per diluted share, versus $240.7 million, or 41 cents per diluted...
by Mike Duff | Jun 20, 2025 | Retail Articles
In the first quarter, The Kroger Co. posted mixed results even as it boosted its full-year identical sales guidance and reaffirmed the rest of its outlook. Company net earnings were $866 million, or $1.29 per diluted share, versus $947 million, or $1.29 per diluted...
by Mike Duff | Jan 10, 2025 | Retail Articles
In announcing third quarter financial results, Vivek Sankaran, Albertsons Cos. CEO, stated that the company had positioned itself for future growth, despite a planned merger with The Kroger Co. falling through due to opposition from United States Federal and a group...
by Mike Duff | Oct 15, 2024 | Retail Articles
As its merger with The Kroger Cos. continues to face opposition from the United States government, Albertsons beat Wall Street estimates on earnings and revenues, as identical sales gained. Net income was $145.5 million, or 25 cents per diluted share, compared to...