earnings
confidence high
sentiment negative
materiality 0.85
Albertsons Q1 adj EPS $0.42 vs $0.55 YoY; cuts FY2026 guidance on consumer softness
Albertsons Companies, Inc.
- Identical sales -0.8%; digital sales +13%; net income $85M ($0.17) vs $236M ($0.41) YoY.
- Adjusted net income $210M ($0.42) vs $319M ($0.55); adjusted EBITDA $1,013M vs $1,111M.
- FY2026 guidance cut: identical sales (1.5%)-(0.5%); adj EBITDA $3.55B-$3.625B; adj EPS $1.75-$1.85.
- Announced ACI Edge: consolidating 11 divisions into 4 regions, centralizing center-store merchandising.
- Dividend raised 13% to $0.17/share; repurchased 13.4M shares for $226.5M in Q1.