Albertsons withdraws financial outlook and reports second-quarter sales decline
ACI Albertsons Companies Inc
$12.72 +1.44%
View chart & analysis → - 1Albertsons withdrew its financial outlook on Tuesday.
- 2Albertsons recorded net sales of $18.9 billion in the second quarter.
- 3Albertsons saw a 0.8% decline in comparable store sales in the second quarter.
So what's the key point?
Albertsons has decided not to provide future earnings forecasts. Second-quarter sales reached $18.9 billion, and sales at existing stores also decreased.
Source Fortune · View original ↗
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