by Mike Duff | Jan 10, 2023 | Retail Articles
As it continues pursuing a merger with The Kroger Co., Albertsons Cos. beat Wall Street estimates for third-quarter adjusted earnings and revenue. Net income was $375.5 million, or 20 cents per diluted share, versus $424.5 million, or 74 cents per share diluted share...
by Mike Duff | Oct 19, 2022 | Retail Articles
With the blockbuster announcement that the company is preparing to merge with The Kroger Co.just days behind it, Albertsons Cos. announced identical store sales and earning advances in the second quarter. Net income was $342.7 million, or 59 cents per diluted share,...
by Mike Duff | Jul 27, 2022 | Retail Articles
In a quarter when shoppers shifted to food and consumable purchasing under the pressure of inflation, Albertsons Cos. posted satisfying sales and earnings, beating Wall Street estimates. Net income was $484.2 million, or 84 cents per share, versus $444.8 million, or...
by Mike Duff | Jul 18, 2022 | Retail Articles
DoorDash will offer deals — from fast food and grocery to experiences and back-to-school merchandise — starting July 21 when it kicks off its third annual Summer of DashPass. The promotion runs five weeks, DoorDash stated, and it will encompass more than 25,000...
by Mike Duff | Apr 14, 2022 | Retail Articles
With identical sales positive after a big leap in the year-past period, Albertsons Cos. made big gains in the fourth quarter that included turning around a GAAP loss. Net income was $455.1 million, or 79 cents per diluted share, versus a net loss of $144.2 million, or...