Albertsons (ACI) stock drops on mixed Q1 earnings, a slashed FY26 outlook, and a new 'ACI Edge' restructuring plan. Get the details.
Q1 EPS miss, 21% guidance cut expose Albertsons losing budget shoppers to Walmart, Amazon, Aldi despite digital growth. Google/OpenAI/Microsoft AI grew digital 13%, but margin pressure and IRA headwinds show tech won't stop price-sensitive displacement.
Albertsons Companies Inc.
(NYSE:ACI) stock fell in premarket trading Friday after the grocery retailer reported mixed first-quarter fiscal 2026 results, cut its full-year outlook and announced a broad restructuring plan.
Adjusted earnings were 42 cents per share, below the 54-cent estimate.
Net sales and other revenue rose 0.2% to $24.942 billion, topping the $24.822 billion estimate.
GAAP diluted earnings fell to 17 cents from 41 cents a year earlier.
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