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FrontRow · Jul 24, 2026

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Shares of Albertsons sank after the grocer reported softness in its core business and lowered its full-year outlook. The company said cautious consumers are pulling back, which will hit its near-term earnings. It now expects net income for the full fiscal year between $1.75 and $1.85 per share, down significantly from its previous projection of between $2.22 and $2.32 per share.

Shares of Albertsons sank after the grocer reported softness in its core business and lowered its full-year outlook. The company said cautious consumers are pulling back, which will hit its near-term earnings. It now expects net income for the full fiscal year between $1.75 and $1.85 per share, down significantly from its previous projection of between $2.22 and $2.32 per share.

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