by Mike Duff | Sep 8, 2023 | Retail Articles
Kroger Co., still working to complete a merger with Albertsons Cos., reported sales slipped in its second quarter, while adjusted earnings gained to top a Wall Street estimate. Kroger and the Albertsons Cos., meanwhile, announced they entered a definitive agreement...
by Mike Duff | Jul 25, 2023 | Retail Articles
Although earnings slipped year over year, Albertsons beat Wall Street estimates for the first quarter driven by a gain in identical sales, even if inflation was part of the increase. Net income was $417.2 million, or 72 cents per diluted share, versus $484.2 million,...
by Mike Duff | May 19, 2023 | Retail Articles
As it works to complete its merger with The Kroger Co., Albertsons Cos. has announced that Tom Moriarty will join the company as executive vice president and general counsel, effective June 5. Prior to accepting the Albertsons position, Moriarty served at CVS Health,...
by Mike Duff | Apr 11, 2023 | Retail Articles
Lowe’s Cos. has appointed Juliette Pryor as executive vice president, chief legal officer and corporate secretary. She joins Lowe’s from Albertsons, where she served as executive vice president, general counsel and corporate secretary, the company noted. Pryor...
by Mike Duff | Apr 11, 2023 | Retail Articles
As it awaits a merger with The Kroger Co., Albertsons continues to advance, posting sales and adjusted earnings gains above expectations. Net income was $311.1 million, or 54 cents per diluted share, versus $455.1 million, or 79 cents per diluted share, in the...
