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Albertsons Profits Top Estimates in First Quarter Since End of Kroger Merger
Shares of grocery retailer Albertsons (ACI) rose Wednesday morning after the company reported better third-quarter earnings than analysts had expected, while sales fell just short of estimates. Albertsons recorded $400.
Albertsons misses quarterly sales estimates
Albertsons missed third-quarter sales expectations on Wednesday, as intense competition from bigger retailers such as Walmart and Kroger offering heavy discounts and promotions hurt demand.
Albertsons profit beat overshadows a sales miss as it readies to go it alone
Albertsons Cos. Inc.’s stock rose 3.6% early Wednesday, after the grocery chain beat profit estimates for its fiscal third quarter, offsetting a small revenue miss.
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.
33m
on MSN
Albertsons Stock Gains After Earnings. Grocer Is Upbeat Despite ‘Cautious’ Customers.
Shares of Albertsons were trading higher after the grocery-store chain increased its forecast of earnings for the fiscal year ...
55m
Albertsons Sees Income Up, EPS Pressure
Albertsons Companies showed growth in sales and digital engagement, but faced profitability and merger-related challenges in ...
Farmers' Advance
5d
Albertsons calls off merger after court rulings, suing Kroger 'for billions'
Albertsons announced it is pulling out of its plans to merge with Kroger, citing two court rulings barring the transaction.
5d
Kroger customer foot traffic is on the rise; here's what it means
CINCINNATI ( Cincinnati Business Courier) - More shoppers have been streaming into Kroger Co. stores than a year ago, a sign ...
International Supermarket News
4d
Kroger’s Next Steps After Merger Collapse: What’s in Store for 2025?
As the year unfolds, all eyes will be on Kroger’s Investor Day, where the company is expected to unveil its vision for the ...
11d
Once Seattle’s grocery darling, QFC in limbo after Kroger-Albertsons merger fails
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
grocerydive
4d
The Friday Checkout: 3 big grocery questions we have for 2025
The Friday Checkout is a weekly column providing more insight on the news, rounding up the announcements you may have missed ...
1d
on MSN
Gubernatorial candidate Weiser talks Pueblo, opioid crisis, affordability and more
Colorado Attorney General Phil Weiser is running for Governor in 2026. Here is how he plans to address issues facing Pueblo.
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