Albertsons Q1 revenue slightly beats on digital sales growth; cuts 2026 outlook
ACI•Outlook
- Albertsons now expects fiscal 2026 identical sales to decline 1.5% to 0.5%
- Company lowers fiscal 2026 adjusted EBITDA forecast to $3.55 bln-$3.63 bln
- Albertsons cuts fiscal 2026 adjusted EPS outlook to $1.75-$1.85
Overview
- US food and drug retailer's fiscal Q1 revenue slightly beat analyst expectations
- Adjusted EPS for fiscal Q1 missed analyst expectations
- Company launched ACI Edge realignment and cut fiscal 2026 outlook amid softer grocery demand
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q1 Revenue | Slight Beat* | $24.94 bln | $24.82 bln (16 Analysts) |
| Q1 Adjusted EPS | Miss | $0.42 | $0.54 (19 Analysts) |
| Q1 EPS | $0.17 | ||
| Q1 Adjusted Net Income | Miss | $210.30 mln | $263.72 mln (12 Analysts) |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Result drivers
- Softer grocery demand - Co said core grocery faced pressure from softer industry unit trends and a more cautious consumer, per CEO Susan Morris
