Albertsons beats Q2 earnings but withdraws fiscal 2026 outlook

Albertsons (ACI) reported Q2 adjusted EPS of $0.36, beating estimates by $0.03, with revenue at $18.89B, flat YoY. However, comparable sales fell 0.8%, and profitability weakened, prompting the company to withdraw its 2026 guidance. The retailer announced a business review to cut costs and improve operations. Shares dropped 1.12% in pre-market trading.

Albertsons (ACI) reported Q2 earnings that exceeded estimates but saw net income decline due to higher costs. The company withdrew its FY26 guidance to focus on a turnaround plan, causing shares to trade lower.

Albertsons reported Q3 CY2026 results: revenue of $18.89B met estimates, adjusted EPS of $0.36 beat estimates by 9.6%, and adjusted EBITDA of $784M exceeded expectations by 1.9%. Operating and free cash flow margins remained steady year-over-year, while store count decreased to 2,240. Same-store sales were flat.

Albertsons Companies reported Q2 Non-GAAP EPS of $0.36, exceeding estimates by $0.03, with revenue of $18.89B, a 0.2% year-over-year decline but $30M above expectations. Identical sales fell 0.8%, while digital sales rose 11%. Shares dropped 6% premarket.

Albertsons (ACI) reported Q2 revenue of $18.9B, down 0.1% YoY, with net income falling to $51.5M from $168.5M. The company is accelerating turnaround efforts and withdrew its 2026 outlook. Identical sales decreased 0.8%, while digital sales rose 11%. Adjusted EBITDA was $784.0M, down from $848.4M. Interest expense increased to $125.0M. Albertsons paid a $0.17 quarterly dividend and repurchased 26.0M shares for $387.6M.

Albertsons Companies reported Q2 FY2026 revenue of $18.895B, adjusted EBITDA of $784M, and adjusted EPS of $0.36. Identical sales fell 0.8% while digital sales rose 11%. The company initiated a turnaround review and suspended its fiscal 2026 outlook. Share repurchases totaled $387.6M for 26M shares, and a quarterly dividend of $0.17 per share was paid.