albertsons merger news

Albertsons Details Cost-Cutting Plans

Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle

With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.

Wall Street Journal · 22h

Albertsons Details Cost-Cutting Plans After Failed Kroger Deal

Albertsons executives laid out plans to cut about $1.5 billion in costs over the next three years, speaking on the grocery store operator's first earnings call in more than two years. Last month a [fe

The Spokesman-Review · 10h

Albertsons raises profit guidance after dropping Kroger deal

Albertsons hosted a call with analysts Wednesday morning, the company’s first in more than two years when it agreed to combine with Kroger. That $24.6 billion deal ended late last year after a federal judge blocked it.

Albertsons CEO unveils plan to compete with Walmart and Costco after $24.6 billion Kroger meltdown

Albertsons cites GLP-1s and AI as sources for optimism amid inflationary headwinds.

18h

Albertsons reports modest results as it looks ahead after failed merger

The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...

17hon MSN

Albertsons Profits Top Estimates in First Quarter Since End of Kroger Merger

Shares of grocery retailer Albertsons (ACI) rose Wednesday morning after the company reported better third-quarter earnings ...

ProgressiveGrocer17h

Albertsons Posts Solid Q3 Following Merger Fallout

Albertsons Cos. is moving onward and upward after its proposed $24.6 billion merger with The Kroger Co. fell apart last month ...

Albertsons Companies Reports Strong Q3 Earnings and Growth

Albertsons Companies, Inc. ( (ACI) ) has released its Q3 earnings. Here is a breakdown of the information Albertsons Companies, Inc. presented ...

2don 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 ...

Kingman Daily Miner12d

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 ...

Farmers' Advance6d

Albertsons calls off merger after court rulings, suing Kroger 'for billions'

Albertsons announced it is pulling out of its plans to merge with Kroger, citing two court rulings barring the transaction.

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 ...

13h

Albertsons Raises Outlook as 3Q Sales Rise -- Update

The Boise, Idaho, grocery chain reported net income of $400.6 million, or 69 cents a share, for the third quarter, up from $361.4 million, or 62 cents a share, a year earlier. Stripping out certain ...

17hon 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 ...

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