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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.
Albertsons offers long-term potential with strong sales growth, digital investments, cost-cutting, and buybacks. Read here ...
Albertsons shares falls as the gross margin rate drops to the lowest rate in five years, as the company tried to keep prices ...
Susan Morris succeeded Vivek Sankaran as CEO of Albertsons on May 1. She acknowledged inflationary pressures, saying the ...
CEO Susan Morris views the Albertsons for U program, which saw membership rise 14% year over year, as a valuable source of ...
Albertsons continued to grow its digital sales with a 25% increase, and loyalty members also rose 14% to 47.3 million.
Albertsons reported solid Q1 2025 results with a 25% rise in digital sales, 14% loyalty growth, and $319M in adjusted income, ...
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 ...
Analysts estimate that Albertsons Companies will report an earnings per share (EPS) of $0.52. Investors in Albertsons ...
ACI reported first-quarter fiscal 2025 results, wherein both the sales and earnings surpassed the Zacks Consensus Estimate.
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