Albertsons Posts Big Q3 Comp, Digital Sales Gains
Double-digit identical store sales helped drive Albertsons Cos. fiscal third-quarter profits past a Wall Street estimate.
identical sales
Kroger Spotlights Q3 Progress
In the third quarter, Kroger emphasized how it is executing against its strategic restructuring plan, and advanced its identical store sales, but narrowly missed a Wall Street earnings estimate.
Kroger Q4 Falls Short As Earnings Slip
Kroger’s fourth quarter fell short of expectations, as the retailer asserted that 2018 was an investment year as it developed its Restock Kroger growth strategy initiatives.
Albertsons Q2 Loss Shrinks
Citing broad financial improvement, Albertsons posted a net loss of $32.4 million in the second quarter ended September 8 versus a net loss of $355.2 million in the fiscal 2017 period.
Kroger Investments Weigh On Q2
As Kroger continues to invest in its Restock Kroger strategy, the supermarket retailer reported a surge in net earnings while net sales gained slightly.
Albertsons Cuts Loss In Q1 As Rite Aid Merger Advances
As it advances its merger with Rite Aid, Albertsons posted a first quarter net loss of $17.7 million versus a net loss of $204.9 million in the year-prior period.