Albertsons reported higher revenue and strong digital sales growth in Q1 2025, while net income remained stable. Loyalty membership surged, and the company continued to invest heavily in technology and store remodels.
Albertsons posted Q4 revenue of $18.8B with adjusted EPS of $0.46. Despite growth in digital sales and loyalty members, net income decreased compared to Q4 2023.
Albertsons Companies, Inc. reported a 1.2% increase in net sales to $18.77 billion for the third quarter of fiscal 2024. Identical sales increased by 2.0%, driven by strong pharmacy sales, and digital sales grew by 23%. Net income was $400.6 million, or $0.69 per share, while adjusted net income was $420.3 million, or $0.71 per share.
Albertsons Companies, Inc. reported second quarter fiscal 2024 results with a net sales and other revenue of $18.6 billion, a 2.5% increase in identical sales, and a 24% increase in digital sales. Net income was $146 million, or $0.25 per share, and adjusted net income was $301 million, or $0.51 per share.