Reported about 7 hours ago
Albertsons has increased its annual sales forecast after surpassing quarterly sales projections, driven by consistent demand for groceries and medicines as consumers prioritize essentials amid economic uncertainty. The company now anticipates identical sales growth of 2% to 2.75%, up from a previous estimate of 1.5% to 2.5%, following a quarterly sales figure of $24.88 billion, exceeding analyst expectations.
Source: YAHOO