Albertsons Companies, Inc. (ACI)
The company now
Albertsons reported second-quarter fiscal 2026 results on 13 October 2026, with net sales and other revenue of $18,894.7 million, down 0.1 percent 1. Identical sales, meaning sales at stores open in both periods, fell 0.8 percent 1. Net income was $51.5 million, against $168.5 million a year earlier 1.
The company stopped giving a fiscal 2026 outlook and opened a comprehensive business review of its customer strategy, cost structure, operating model, banners, markets and capital allocation 1. Chief executive Susan Morris said the company must tackle "a cost structure we can no longer afford" 1.
Leadership has been reshaped in two months 47. Meg Whitman became executive chair on 9 September 2026, and the board grew from 10 to 15 members by 15 October 47. Cody Perdue became interim chief financial officer on 30 September as Sharon McCollam prepares to retire 69.
A Delaware court trial of the company's suit against Kroger over their failed merger began on 19 October 2026 2. The company seeks the $600 million termination fee plus damages, and Kroger denies owing it 3.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.