Albertsons Earnings Jump In Q1

Consumers turning to Albertsons during the COVID-19 pandemic boosted the supermarket operator’s first quarter sales and earnings.

Albertsons Launches Initial Public Offering

Albertsons has launched an initial public offering of 65,800,000 shares of its common stock to be sold by certain of its stockholders, at an anticipated initial public offering price between $18 and $20 per share, pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission.

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