Albertsons cites GLP-1s and AI as sources for optimism amid inflationary headwinds.
Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than ...
The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...
By Ananya Mariam Rajesh (Reuters) -Albertsons executives focused on moving on from its scuttled merger with Kroger on ...
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.
Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new ...
The Boise, Idaho, grocery chain reported net income of $400.6 million, or 69 cents a share, for the third quarter, up from $361.4 million, or 62 cents a share, a year earlier. Stripping out certain ...
Albertsons, which has sued Kroger after the grocer terminated their $25 billion deal, now expects annual 2024 identical sales ...
The company, which recently called off a plan to merge with rival Kroger Co. (KR) after regulatory pushback, said it now expects fiscal 2024 same-store sales to rise 1.8% to 2.0%, compared with prior ...
Shares of Albertsons were trading higher after the grocery-store chain increased its forecast of earnings for the fiscal year ...
Albertsons Cos. is moving onward and upward after its proposed $24.6 billion merger with The Kroger Co. fell apart last month ...
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 ...