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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 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.
Albertsons missed third-quarter sales expectations on Wednesday, as intense competition from bigger retailers such as Walmart and Kroger offering heavy discounts and promotions hurt demand.
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. today reported results for the third quarter of fiscal 2024, which ended November 30, 2024.
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. announced its Board of Directors has declared a cash dividend for the fourth quarter of $0.15 per share of common stock.
Albertsons (ACI) is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's proposed merger with Kroger (KR) fell apart last month after months of legal challenges.
CNBC's Jim Cramer on Friday walked investors through next week's market action, highlighting new economic data from the nonfarm payroll report and the latest purchasing managers' index, as well as earnings from grocery giant Albertsons. "It's a light week, but still impactful.
Beyond analysts' top -and-bottom-line estimates for Albertsons Companies (ACI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended November 2024.
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