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...
Strong identical store sales helped propel The Kroger Co. to a Wall Street beat in the first quarter as the company continues expanding its digital operations. Company net earnings were $664 million, or 90 cents per diluted share, versus $140 million, or 18 cents per...
