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Grocer Albertsons raises annual sales forecast on steady demand
Albertsons raised its annual sales forecast on Tuesday, betting on steady demand for essentials at grocery stores and pharmacies as higher economic uncertainty squeezes household budgets. The company expects annual identical sales to grow in the range of 2% to 2.
CEO Susan Morris views the Albertsons for U program, which saw membership rise 14% year over year, as a valuable source of ...
Albertsons shares falls as the gross margin rate drops to the lowest rate in five years, as the company tried to keep prices ...
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Revenue was up 2.5% year-over-year to $24.9 billion to edge past the consensus expectation by $170 million. Identical sales ...
The grocery chain saw identical sales rise twice as fast as they did a year ago and posted an e-commerce sales gain of 25%.
Albertsons continued to grow its digital sales with a 25% increase and loyalty members also rose 14% to 47.3 million.
Explore Albertsons' Q1 2025 earnings call highlights, including 2.8% sales growth, rising loyalty members, and digital success.
Albertsons reported solid Q1 2025 results with a 25% rise in digital sales, 14% loyalty growth, and $319M in adjusted income, ...
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Grocery workers at Albertsons and Smith's stores across New Mexico will get raises and improved benefits after voting to finalize new union contracts, narrowly avoiding a potential strike. The two ...
Loyalty club members earn points by shopping at Albertsons stores. The points can be spent on grocery items or fuel. When members redeem gasoline rewards, 100 points yield a 10ct/gal discount. Members ...
But its new CEO, Susan Morris, painted a rosy picture of the Boise-based company's future during a quarterly earnings call ...
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