With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.
Citi resumed coverage on Albertsons Companies Inc. (NYSE: NYSE:ACI), issuing a Buy rating with a price target of $26.00. The move comes after a hiatus due to regulatory restrictions linked to a ...
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 ...
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 ...
Shares of Albertsons were trading higher after the grocery-store chain increased its forecast of earnings for the fiscal year. Albertsons stock gained 1.9% to $20.10 in premarket trading Wednesday.
Albertsons is laying off corporate and division support employees around the country, a spokesperson for the company told the Idaho Statesman on Wednesday. Store employees are not impacted by the ...
Outlook: Albertsons raised FY24 adjusted EPS outlook from $2.20 – $2.30 to $2.25 – 2.31 versus an estimate of $2.26. ACI expects FY24 identical sales growth of 1.8% – 2.0% (previously 1.8% ...
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 ...
We are a stronger company today than pre-merger,” Chief Financial Officer Shannon McCollam said on a call with analysts.
Albertsons sales grow 1.2% in third-quarter, adjusted EPS beats consensus. Albertsons raises FY24 earnings outlook to $2.25 - 2.31. Get Real-Time News and Alerts for Your Portfolio Albertsons ...
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 ...