Albertsons Companies, Inc. Reports Second Quarter Results

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Albertsons (ACI) Tops Q3 EPS by 35c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus

October 20, 2020 7:32 AM EDT

Albertsons (NYSE: ACI) reported Q3 EPS of $0.60, $0.35 better than the analyst estimate of $0.25. Revenue for the quarter came in at $15.76 billion versus the consensus estimate of $15.5 billion.

Second Quarter of Fiscal 2020 Highlights

Identical sales growth of 13.8%Digital sales growth of 243%Diluted net income per share of $0.49; Adjusted net income per share of $0.60Net income of $284.5... More