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Grocer Albertsons raises annual sales forecast on steady demand
Albertsons raised its annual sales forecast on Tuesday, betting on steady demand for essentials at grocery stores and pharmacies as higher economic uncertainty squeezes household budgets. The company expects annual identical sales to grow in the range of 2% to 2.
CEO Susan Morris views the Albertsons for U program, which saw membership rise 14% year over year, as a valuable source of ...
Albertsons shares falls as the gross margin rate drops to the lowest rate in five years, as the company tried to keep prices ...
Looking ahead, Albertsons has increased its expectations for identical-sales growth for fiscal 2025, raising it to the range ...
The grocery chain saw identical sales rise twice as fast as they did a year ago and posted an e-commerce sales gain of 25%.
Explore Albertsons' Q1 2025 earnings call highlights, including 2.8% sales growth, rising loyalty members, and digital success.
Albertsons reported solid Q1 2025 results with a 25% rise in digital sales, 14% loyalty growth, and $319M in adjusted income, ...
Albertsons beat Q1 estimates and unveiled a $1.5B savings plan through FY27 to combat margin pressures and boost long-term ...
Loyalty club members earn points by shopping at Albertsons stores. The points can be spent on grocery items or fuel. When members redeem gasoline rewards, 100 points yield a 10ct/gal discount. Members ...
Grocery workers at Albertsons and Smith’s stores across New Mexico will get raises and improved benefits after voting ...
But its new CEO, Susan Morris, painted a rosy picture of the Boise-based company's future during a quarterly earnings call ...
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