Albertsons' Fiscal Q2 Adjusted Net Income, Sales Fall; Expects to Complete Business Review in Q4
MT newswire2026/10/13 12:00Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
08:00 AM EDT, 10/13/2026 (MT Newswires) -- Albertsons (ACI) reported a fiscal Q2 adjusted net income Tuesday of $0.36 per diluted share, down from $0.44 a year earlier. Analysts polled by FactSet expected $0.33. Net sales and other revenue for the quarter ended Sept. 12 were $18.89 billion, compared with $18.92 billion a year earlier. Analysts projected $18.87 billion. Albertsons said it is reviewing its customer strategy, cost structure, operating model, portfolio of banners, markets assets and businesses, and capital allocation priorities, and is no longer providing a fiscal year outlook until the comprehensive business review is completed during Q4. The company also said its next quarterly dividend payment of $0.17 per share will be paid on Nov. 6 to stockholders of record as of Oct. 23. Shares of the company were down more than 2% pre-bell Tuesday.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Apple’s new CEO shakes things up: Ternus urges Federighi to “boldly develop AI”
MEnews•2026/11/09 02:53

Tesla (TSLA.US) drops over 10% in a week, but ARK keeps buying! Cathie Wood: This is the moment we've been waiting for
Despite the recent volatility in Tesla's stock price, ARK Invest founder Cathie Wood, known as the "Goddess of Wall Street," remains optimistic about the company.
智通财经•2026/11/09 02:38

U.S. stock futures fluctuate by $650 billions due to news related to Jensen Huang
AiCoin•2026/11/09 02:07

Crypto prices
MoreBitcoin
BTC
$75,200.47
-0.55%
Ethereum
ETH
$2,145.43
-3.73%
Tether USDt
USDT
$0.9988
+0.02%
BNB
BNB
$690.02
-0.53%
XRP
XRP
$1.12
-3.35%
USDC
USDC
$0.9998
+0.00%
Solana
SOL
$87.98
-0.93%
TRON
TRX
$0.3184
-0.57%
Zcash
ZEC
$1,235.48
-0.56%
Hyperliquid
HYPE
$74.84
-3.21%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now