Albertsons (ACI) Tops Q1 EPS by 8c

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Albertsons Companies, Inc. Reports First Quarter Fiscal 2023 Results

July 25, 2023 8:30 AM EDT

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the first quarter of fiscal 2023, which ended June 17, 2023.

First Quarter of Fiscal 2023 Highlights

Identical sales increased 4.9% Digital sales increased 22% Loyalty members increased 16% to 35.9 million Net income of $417 million, or $0.72 per share Adjusted net income of $546 million, or $0.93 per share Adjusted EBITDA of $1,319 million

Vivek Sankaran, CEO commented, "Our first quarter results demonstrate the resilience of our... More