Albertsons Q2 Sales Gain but Earnings Lag

Albertsons Q2 Sales Gain but Earnings Lag

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...
Ace Q2 Comps, Earnings Slip

Ace Q2 Comps, Earnings Slip

At a time when home improvement companies are facing consumers who are budgeting closely and making fewer discretionary purchases, Ace Hardware reported lower second-quarter earnings and declining comparable sales. In the quarter, the company’s net income was...