Albertsons Earnings Reports

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.