Albertsons FY26 Q1 net income drops 64% to $84.7 million; adjusted EBITDA falls 8.8% to $1.01 billion - ACI News | RalliesAlbertsons FY26 Q1 net income drops 64% to $84.7 million; adjusted EBITDA falls 8.8% to $1.01 billion
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ACI• First-quarter results
- Albertsons posted GAAP net income of $84.7 million, or $0.17 a share, in the first quarter ended June 20, 2026.
- Net sales and other revenue edged up 0.2% to $24.94 billion, while identical sales fell 0.8%.
- Adjusted EBITDA slipped to $1.01 billion, while adjusted net income fell to $210.3 million, or $0.42 a share.
Updated fiscal 2026 outlook
- Albertsons cut its fiscal 2026 outlook, projecting identical sales of (1.5)% to (0.5)% and adjusted EBITDA of $3.55 billion to $3.63 billion.
Digital sales and operational changes
- Digital sales rose 13%, while the company launched “ACI Edge” to consolidate 11 divisions into four regions and centralize center-store merchandising.
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