StockWatch
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Food Chains
Quarterly ResultJul 23, 2026, 07:36 AM

Albertsons Q1 Identical Sales -0.8%; Lowers FY26 Outlook

AI Summary

Albertsons Companies reported Q1 fiscal 2026 results with identical sales decreasing 0.8% and net sales increasing 0.2% to $24.94 billion. Net income was $85 million ($0.17/share) and Adjusted EBITDA was $1.013 billion. The company announced "ACI Edge" restructuring to improve execution and lowered its fiscal 2026 outlook for identical sales, Adjusted EBITDA, and Adjusted EPS due to a cautious consumer and industry trends.

Key Highlights

  • Q1 identical sales decreased 0.8%.
  • Q1 net sales increased 0.2% to $24.94 billion.
  • Q1 net income was $85 million, or $0.17 per share.
  • Q1 Adjusted EBITDA was $1.013 billion.
  • Fiscal 2026 identical sales outlook revised to (1.5)% to (0.5)%.
  • Fiscal 2026 Adjusted EBITDA outlook revised to $3.55B-$3.625B.
  • Fiscal 2026 Adjusted EPS outlook revised to $1.75-$1.85.
  • Quarterly cash dividend increased 13% to $0.17 per share.