by Mike Duff | Oct 15, 2024 | Retail Articles
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...
by Mike Duff | Sep 12, 2024 | Retail Articles
Kroger remains confident about closing its proposed merger with Albertsons after adjusted earnings for its second quarter slipped but still beat an analyst estimate, while revenues gained but came up short of a forecast. Company net earnings were $466 million, or 64...
by Mike Duff | Aug 20, 2024 | Retail Articles
As part of its initiative to acquire Albertsons Cos., The Kroger Co. has filed a motion for preliminary injunction in the United States District Court, Southern District of Ohio, against the U.S. Federal Trade Commission’s administrative proceeding challenging...
by Mike Duff | Jul 23, 2024 | Retail Articles
For the first quarter, Albertsons Cos. narrowly missed an earnings estimate but beat one on revenues as the company keeps operating as it pursues its merger with The Kroger Co. The merger has experienced opposition from the United States Federal Trade Commission but...
by Mike Duff | Jun 20, 2024 | Retail Articles
Earnings slipped at the The Kroger Co. in the first quarter but still beat analyst estimates as the company prepares to defend its proposed merger with Albertsons Cos. Company net earnings were $947 million, or $1.29 per diluted share, versus $962 million, or $1.32...
