Albertsons Q2 Sales Gain but Earnings Lag

Albertsons Q2 Sales Gain but Earnings Lag

As its merger with The Kroger Cos. continues to face opposition from the United States government, Albertsons beat Wall Street estimates on earnings and revenues, as identical sales gained. Net income was $145.5 million, or 25 cents per diluted share, compared to...
Albertsons Q3 Sales, Adjusted Earnings Advance

Albertsons Q3 Sales, Adjusted Earnings Advance

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...
Kroger Q3 Beats Wall Street Despite Consumer Spending Reluctance

Kroger Boosted by Digital Initiatives in Q3

As it continues to highlight its digital efforts, Kroger posted sales and earnings that exceeded Wall Street expectations. Company net earnings were $398 million, or 55 cents per diluted share, versus $483 million, or 64 cents per diluted share, in the year-before...