Albertsons Beats Q2 Adjusted Earnings Estimates and Withdraws Annual Financial Outlook
ACI Albertsons Companies Inc
$12.54 +2.87%
View chart & analysis → - 1Albertsons reported Q2 adjusted earnings per share of $0.36, exceeding the analyst consensus estimate of $0.33.
- 2Albertsons has suspended its previously issued fiscal year 2026 financial guidelines.
- 3CEO Sue Morris stated that a comprehensive business review has been launched to accelerate improvements and address cost bases deemed unsustainable by management.
So what's the key point?
Albertsons earned more profit than experts expected. However, the company has decided not to provide its future financial outlook.
Source The Wall Street Journal +1 · View original ↗
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