StockWatch
·
Food Chains
Quarterly ResultJul 28, 2026, 09:06 AM

Albertsons Q1 Net Income $84.7M, down from $236.4M YoY

AI Summary

Albertsons Companies reported Q1 net sales and other revenue of $24,941.6 million, a slight increase from $24,880.8 million year-over-year. However, net income significantly decreased to $84.7 million from $236.4 million in the prior year period, with diluted EPS falling to $0.17 from $0.41. The company also provided updates on significant legal proceedings, including the Opioid Settlement Framework, which resulted in a $773.8 million loss recorded in Q4 fiscal 2025, and ongoing False Claims Act litigation.

Key Highlights

  • Net sales and other revenue increased to $24,941.6M from $24,880.8M YoY.
  • Net income decreased to $84.7M from $236.4M year-over-year.
  • Diluted net income per Class A common share was $0.17, down from $0.41.
  • Operating income fell to $263.6M from $449.3M.
  • Recorded $773.8M loss in Q4 FY25 for Opioid Settlement Framework.
  • Net cash provided by operating activities was $728.9M.
  • Acquired Hames Corporation retail operations for $28.0M.
  • Outstanding ABL Facility increased to $700.0M from $425.0M.