Picture of Albertsons Companies logo

ACI — Albertsons Companies News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer DefensivesBalancedLarge CapContrarian

Albertsons misses third-quarter revenue estimates

Jan 7 (Reuters) - Albertsons ACI.N missed Wall Street expectations for third-quarter revenue on Wednesday, hurt by stiff competition from larger rivals offering heavier holiday discounts.

The company reported quarterly revenue of $19.1 billion, compared with estimates of $19.2 billion, according to data compiled by LSEG.

 (Reporting by Sanskriti Shekhar in Bengaluru; Editing by Maju Samuel)

 ((Sanskriti.Shekhar@thomsonreuters.com))

Recent news on Albertsons Companies

See all news