Albertsons (ACI) Tops Q1 EPS by 7c, Offers Guidance

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Albertsons Companies, Inc. Reports First Quarter Fiscal 2022 Results

July 26, 2022 7:30 AM EDT

Raises Fiscal 2022 Outlook

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the first quarter of fiscal 2022, which ended June 18, 2022.

First Quarter of Fiscal 2022 Highlights

Identical sales increased 6.8% Digital sales increased 28% Net income of $484 million, or $0.84 per share Adjusted net income of $582 million, or $1.00 per share Adjusted EBITDA of $1,420 million

"In the first quarter, our teams continued to deliver... More