Albertsons (ACI) Tops Q2 EPS by 8c

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Albertsons Companies, Inc. Reports Second Quarter Fiscal 2022 Results

October 18, 2022 8:30 AM EDT

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the second quarter of fiscal 2022, which ended September 10, 2022.

Second Quarter of Fiscal 2022 Highlights

Identical sales increased 7.4% Digital sales increased 36% Loyalty members increased 16% to 31.8 million Net income of $343 million, or $0.59 per share Adjusted net income of $418 million, or $0.72 per share Adjusted EBITDA of $1,049 million

"Our team continued to deliver strong performance during the second quarter," said Vivek Sankaran, CEO.... More