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Albertsons profit beat overshadows a sales miss

YAHOO!Finance · 2h

Albertsons' Q3 Earnings Beat Estimates, Digital Sales Rise 23% Y/Y

ACI's third-quarter fiscal 2024 results highlight strong year-over-year growth in digital sales, pharmacy operations and membership in its loyalty program.

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 · 1d

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 · 1d

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 Details Cost-Cutting Plans

MarketWatch on MSN · 17h

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 · 1d

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.

5h

Albertsons’ Q3 FY24 net sales growth fuelled by identical sales

US supermarket chain Albertsons Companies has reported a 1.2% increase in net sales and other revenue, reaching $18.77bn for ...

Albertsons seeks innovative brands and enhances marketing to reinforce its position without Kroger

US grocery retailer Albertsons’ efforts to increase its customer value proposition – and investor appeal in the wake of its ...

23hon MSN

Albertsons raises profit forecast as it moves on from Kroger

By Ananya Mariam Rajesh (Reuters) -Albertsons executives focused on moving on from its scuttled merger with Kroger on ...

3don 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 ...

21h

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 ...

10h

Albertsons boasts 15% loyalty member growth

The grocery company topped 44.3 million loyalty members during the quarter after simplifying how customers can earn and ...

1don 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 ...

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