Albertsons beats Q2 earnings estimates but withdraws annual guidance
ACI Albertsons Companies Inc
$12.72 +1.44%
View chart & analysis → - 1Albertsons reported adjusted earnings per share of $0.36 for the second quarter of fiscal year 2026, exceeding the analyst consensus of $0.33 per share.
- 2Albertsons has suspended its fiscal year 2026 guidance while conducting a comprehensive business review.
- 3CEO Sue Morris stated that current results do not reflect the company's potential and announced the start of a review to improve performance and address the cost structure.
So what's the key point?
Albertsons made more profit than experts expected. However, the company did not provide a forecast for the year because it is reviewing its business operations.
Source Investing.com +1 · View original ↗
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