Albertsons falls after forecasting annual sales, profit below estimates

Albertsons Companies

14/04/2026 13:47

** Shares of U.S. grocer Albertsons ACI.N down 2% at $16.75 premarket

** Co forecasts annual sales and profit below estimates, as steeper discounts from bigger rivals weigh on demand

** Sees annual identical sales in the range of flat to a growth of 1%; analysts' on average expected a 1.58% rise - data compiled by LSEG

** Expects annual adjusted profit in the range of $2.22 to $2.23 per share, the mid-point of which is lower than analysts' estimate of $2.28 per share

** Posts quarterly net loss of $480.8 million after accounting for charges from opioid-related claims; the grocer had reported a quarterly profit of $171.8 million a year ago

        ** Reports Q4 revenue of 20.25 billion compared with estimates of $20.47 billion

** As of last close, stock down ~2% YTD

 (Reporting by Koyena Das from Bengaluru)

 ((Koyena.das@thomsonreuters.com))