Tag: $Albertsons

Albertsons (ACI) forecast its annual sales ​below Wall Street estimates on Tuesday, pointing ‌to pressure on demand from fierce competition with bigger rivals rolling out heavier discounts.

Albertsons (ACI.N), raised its annual sales forecast after beating quarterly estimates on Tuesday, betting on steady demand for essentials at grocery stores and pharmacies as economic uncertainty squeezes household budgets.

Albertsons Cos. forecast lower-than-expected earnings for the year with the brewing trade war potentially increasing prices and hurting consumer demand.

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.