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Albertsons, Kroger
Albertsons Profits Top Estimates in First Quarter Since End of Kroger Merger
Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than analysts had expected, while sales fell just short of estimates.
Grocer Albertsons misses quarterly sales estimates on demand hit
Albertsons lowered the upper end of its annual sales forecast after missing third-quarter revenue expectations on Wednesday, as intense competition from bigger retailers such as Walmart and Kroger offering heavy discounts hurt demand.
What’s next for Albertsons after calling off its $25B grocery merger with Kroger: More lawsuits
Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach of contract. The US$25 billion deal, first announced
Albertsons profit beat overshadows a sales miss as it readies to go it alone
Albertsons Cos. Inc.’s stock rose 3.6% early Wednesday, after the grocery chain beat profit estimates for its fiscal third quarter, offsetting a small revenue miss.
Albertsons misses quarterly sales estimates
Albertsons missed third-quarter sales expectations on Wednesday, as intense competition from bigger retailers such as Walmart and Kroger offering heavy discounts and promotions hurt demand.
1h
on MSN
Albertsons Stock Gains After Earnings. Grocer Is Upbeat Despite ‘Cautious’ Customers.
Shares of Albertsons were trading higher after the grocery-store chain increased its forecast of earnings for the fiscal year ...
International Supermarket News
4d
Kroger’s Next Steps After Merger Collapse: What’s in Store for 2025?
As the year unfolds, all eyes will be on Kroger’s Investor Day, where the company is expected to unveil its vision for the ...
12d
Mergers that were blocked or challenged by the Biden admin in 2024
Several prominent mergers and acquisitions have been blocked or challenged by the Biden-Harris administration in 2024, ...
11d
Once Seattle’s grocery darling, QFC in limbo after Kroger-Albertsons merger fails
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
1d
on MSN
What Analysts Think of Albertsons Stock Ahead of Earnings
Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's ...
1d
on MSN
Gubernatorial candidate Weiser talks Pueblo, opioid crisis, affordability and more
Colorado Attorney General Phil Weiser is running for Governor in 2026. Here is how he plans to address issues facing Pueblo.
grocerydive
4d
The Friday Checkout: 3 big grocery questions we have for 2025
The Friday Checkout is a weekly column providing more insight on the news, rounding up the announcements you may have missed ...
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