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Albertsons, Kroger
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 than analysts had expected, while sales fell just short of estimates. Albertsons recorded $400.
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.
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 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.
36m
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 ...
ProgressiveGrocer
33m
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 ...
58m
Albertsons Sees Income Up, EPS Pressure
Albertsons Companies showed growth in sales and digital engagement, but faced profitability and merger-related challenges in ...
Farmers' Advance
5d
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.
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 ...
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 ...
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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