Albertsons Companies Q2 net income falls to $51.5 million; drops fiscal 2026 outlook
For the 12 weeks ended September 12, 2026, net sales and other revenue fell 0.1% to $18,894.7 million and identical sales declined 0.8%. Net income dropped to $51.5 million, or $0.11 per share, from $168.5 million, or $0.30 per share, a year earlier. The company no longer provides a fiscal 2026 outlook and will launch a comprehensive business review, with an updated outlook expected by its fourth quarter earnings call.
- Net income of $51.5 million, or $0.11 per share, versus $168.5 million, or $0.30 per share, in the second quarter of fiscal 2025
- Adjusted net income of $179.0 million, or $0.36 per share, versus $248.4 million, or $0.44 per share; Adjusted EBITDA of $784.0 million versus $848.4 million
- No fiscal 2026 outlook; a refreshed financial framework is expected with the turnaround plan by the fourth quarter earnings call
- Quarterly dividend of $0.17 per share to be paid November 6, 2026 to holders of record as of October 23, 2026