Albertsons Companies Reports Q1 Earnings Below Expectations
Albertsons Companies reported weaker-than-expected first-quarter fiscal 2026 results and cut its full-year outlook due to continued pressure in the core grocery business, softer spending from lower-income shoppers, and higher investments. Identical sales fell by 0.8%, adjusted EPS was $0.42, and the company plans a new operating model called ACI Edge.
Tickers: $ACI
Topics: earnings_miss grocery retail