by Mike Duff | Apr 15, 2025 | Retail Articles
As Albertsons’ new CEO prepares to take the reins, the supermarket operator posted overall revenue and identical sales gains against an earnings slip that still beat Wall Street expectations. Net income was $171.8 million, or 29 cents per diluted share, versus...
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...
by Mike Duff | Jul 23, 2024 | Retail Articles
For the first quarter, Albertsons Cos. narrowly missed an earnings estimate but beat one on revenues as the company keeps operating as it pursues its merger with The Kroger Co. The merger has experienced opposition from the United States Federal Trade Commission but...
by Mike Duff | Apr 22, 2024 | Featured News, Retail Articles
Albertsons Cos. released its fourth quarter and full-year earnings, while announcing a reconfigured joint plan of divestiture with C&S Wholesale Grocers related to the proposed Kroger and Albertsons merger. The updated divestiture proposal increases the total...
by Mike Duff | Jan 9, 2024 | Retail Articles
Albertson Cos. sales gained while earnings slipped in its third quarter, but both results beat Wall Street estimates. Net income was $361.4 million, or 62 cents per diluted share, versus $375.5 million, or 20 cents per diluted share, in the year-prior quarter. Net...
