Reported 1 day ago
Albertsons is preparing to release its fiscal 2024 third-quarter earnings, marking its first report since the failed merger with Kroger. Analysts expect the stock to rebound, projecting a revenue increase to approximately $18.81 billion despite a predicted decline in profit per share. Following the termination of the merger agreement due to regulatory issues, both companies are engaged in legal disputes and have initiated new stock buyback programs.
Source: YAHOO