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.
US grocery retailer Albertsons’ efforts to increase its customer value proposition – and investor appeal in the wake of its ...
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Albertsons cites GLP-1s and AI as sources for optimism amid inflationary headwinds.
The grocer topped 44.3 million loyalty members during its third quarter after simplifying in April how customers can earn and ...
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 has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...
Albertsons executives laid out plans to cut about $1.5 billion in costs over the next three years, speaking on the grocery store operator's first earnings call in more than two years. Last month a [fe ...
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
By Ananya Mariam Rajesh (Reuters) -Supermarket chain Albertsons raised its annual profit forecast on Wednesday, benefiting ...
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