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Albertsons Withdraws Fiscal 2026 Outlook Amid Business Review

By Drooid · Oct 13, 2026, 11:08 PM UTC · How we work

Summary

Story summary

Albertsons Companies withdrew its fiscal 2026 outlook as it began a comprehensive business review.
Q2 net income fell to $51.5 million, or 11 cents per share, a 69 % decline.
Adjusted earnings reached 36 cents per share, beating the 33-cent analyst estimate.
Identical sales slipped 0.8 % while digital sales grew 11 % year over year.
CEO Susan Morris said the review will simplify the organization and reinvest savings in customer value.

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Story summary

Albertsons Companies withdrew its fiscal 2026 outlook as it began a comprehensive business review.
Q2 net income fell to $51.5 million, or 11 cents per share, a 69 % decline.
Adjusted earnings reached 36 cents per share, beating the 33-cent analyst estimate.
Identical sales slipped 0.8 % while digital sales grew 11 % year over year.
CEO Susan Morris said the review will simplify the organization and reinvest savings in customer value.