Albertsons FY26 Q1 net income drops 64% to $84.7 million; adjusted EBITDA falls 8.8% to $1.01 billion

Reuters2026/07/23 11:32

By:Reuters

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Albertsons posted GAAP net income of USD 84.7 million, or USD 0.17 a share, in the first quarter ended June 20, 2026.
Net sales and other revenue edged up 0.2% to USD 24.94 billion, while identical sales fell 0.8%.
Adjusted EBITDA slipped to USD 1.01 billion, while adjusted net income fell to USD 210.3 million, or USD 0.42 a share.
Digital sales rose 13%, while the company launched “ACI Edge” to consolidate 11 divisions into four regions and centralize center-store merchandising.
Albertsons cut its fiscal 2026 outlook, projecting identical sales of (1.5)% to (0.5)% and adjusted EBITDA of USD 3.55 billion to USD 3.63 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Albertson's Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260723998278) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Albertsons FY26 Q1 net income drops 64% to $84.7 million; adjusted EBITDA falls 8.8% to $1.01 billion

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