Albertsons reports Q2 FY2026 results and withdraws FY26 outlook amid turnaround review
Albertsons Companies posted second‑quarter fiscal 2026 net sales of $18.895 billion, a 0.1% year‑over‑year decline. Net income fell to $51.5 million, or $0.11 per share, while adjusted earnings per share were $0.36. Identical sales slipped 0.8% and digital sales grew 11%. The retailer announced a comprehensive business review, accelerated cost‑savings efforts and suspended its FY2026 financial guidance.
Why it matters
The withdrawal of the FY26 outlook removes the company’s forward‑looking guidance, increasing uncertainty for investors and making the quarter’s results the primary reference point for valuation. The decline in net income and modest adjusted EPS highlight ongoing profitability pressure despite the turnaround initiatives.
Key facts
- 1Net sales and other revenue were $18,894.7 million for the 12 weeks ended September 12, 2026. tradingview.com
- 2Net income was $51.5 million, or $0.11 per diluted share. tradingview.com
- 3Adjusted diluted EPS was $0.36. tradingview.com
- 4Identical sales decreased 0.8% year‑over‑year. tradingview.com
- 5Digital sales increased 11% during the quarter. tradingview.com
- 6The company suspended its fiscal 2026 outlook pending completion of the review. tradingview.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.