albertsons news - Search News

Albertsons Details Cost-Cutting Plans

MarketWatch on MSN · 6h

Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle

With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.

Wall Street Journal · 14h

Albertsons Details Cost-Cutting Plans After Failed Kroger Deal

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

Albertsons CEO unveils plan to compete with Walmart and Costco after $24.6 billion Kroger meltdown

Albertsons cites GLP-1s and AI as sources for optimism amid inflationary headwinds.

Albertsons profit beat overshadows a sales miss

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.

MarketWatch on MSN · 17h

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.

Investopedia on MSN · 17h

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.

16hon 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 ...

18h

Albertsons reports modest results as it looks ahead after failed merger

The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...

7h

Local nonprofits accept checks from the 2024 Albertsons Boise Open ticket sales

For the fourth year in a row, over $3 million is being poured back into our community through ticket sales of Boise’s popular ...

16h

Albertsons Sees Income Up, EPS Pressure

Albertsons Companies showed growth in sales and digital engagement, but faced profitability and merger-related challenges in ...

2don MSN

What Analysts Think of Albertsons Stock Ahead of Earnings

Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's ...

ProgressiveGrocer16h

Albertsons Posts Solid Q3 Following Merger Fallout

Albertsons Cos. is moving onward and upward after its proposed $24.6 billion merger with The Kroger Co. fell apart last month ...

10h

Albertsons price target raised to $24 from $22 at BofA

BofA raised the firm’s price target on Albertsons (ACI) to $24 from $22 and keeps a Neutral rating on the shares. The firm noted that Q3 ...

16hon MSN

Albertsons lifts annual profit forecast, bets on pharmacy business, loyalty program

By Ananya Mariam Rajesh (Reuters) -Supermarket chain Albertsons raised its annual profit forecast on Wednesday, benefiting ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results