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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.
Grocer Albertsons misses quarterly sales estimates on demand hit
Albertsons lowered the upper end of its annual sales forecast after missing third-quarter revenue expectations on Wednesday, as intense competition from bigger retailers such as Walmart and Kroger offering heavy discounts hurt demand.
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.
2h
Albertsons misses quarterly sales estimates
Albertsons missed third-quarter sales expectations on Wednesday, as intense competition from bigger retailers such as Walmart ...
Farmers' Advance
5d
Albertsons calls off merger after court rulings, suing Kroger 'for billions'
Albertsons announced it is pulling out of its plans to merge with Kroger, citing two court rulings barring the transaction.
5d
Kroger customer foot traffic is on the rise; here's what it means
CINCINNATI ( Cincinnati Business Courier) - More shoppers have been streaming into Kroger Co. stores than a year ago, a sign ...
International Supermarket News
4d
Kroger’s Next Steps After Merger Collapse: What’s in Store for 2025?
As the year unfolds, all eyes will be on Kroger’s Investor Day, where the company is expected to unveil its vision for the ...
7d
Kroger customer foot traffic is rising, causing analyst to boost earnings estimates
The website you are visiting is protected and accelerated by Incapsula. Your computer may have been infected by malware and ...
1d
on 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 ...
11d
Once Seattle’s grocery darling, QFC in limbo after Kroger-Albertsons merger fails
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
grocerydive
4d
The Friday Checkout: 3 big grocery questions we have for 2025
The Friday Checkout is a weekly column providing more insight on the news, rounding up the announcements you may have missed ...
denver7
4d
King Soopers, union agree to two-week contract extension
A nonstop day of bargaining by union leaders and King Soopers executives ended in a short contract extension on Friday afternoon. They now have until Jan. 16 to reach a deal.
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