Albertsons Shares Plunge 15% After Cutting Fiscal 2026 Earnings Guidance
On Thursday, Albertsons shares plunged 15% after the company cut its fiscal 2026 earnings guidance, citing softer consumer demand and scaled-back grocery spending. The grocer now expects net income between $1.75 and $1.85 per share, down from a previous projection of $2.22 to $2.32 per share.
GateNews·07-23 13:46
