Albertsons cuts fiscal 2026 outlook as first-quarter net income falls to $84.7 million
Albertsons reported first-quarter fiscal 2026 net income of $84.7 million, or $0.17 per share, down from $236.4 million, or $0.41 per share, a year earlier, with identical sales down 0.8%. The company lowered its fiscal 2026 guidance for adjusted EBITDA and adjusted EPS and announced the ACI Edge operating realignment, which it says will accelerate investment in customer value and execution, a shift that will weigh on near-term profit for shareholders.
Key points
- Net income was $84.7 million, or $0.17 per share, versus $236.4 million, or $0.41 per share, in the prior-year quarter.
- Adjusted EBITDA was $1,013.2 million, down from $1,111.0 million; identical sales fell 0.8%, while digital sales rose 13%.
- Fiscal 2026 adjusted EBITDA guidance was cut to $3.550 billion to $3.625 billion from $3.850 billion to $3.925 billion.
- Adjusted net income per share guidance was lowered to $1.75 to $1.85 from $2.22 to $2.32.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.