US EditionGrocer Albertsons raises annual sales forecast on steady demand for essentials
UNITED STATES, JUL 15 – Albertsons increased its 2025 sales forecast to 2%–2.75% growth driven by steady demand for groceries and pharmacy items amid inflation, the company said.
- Albertsons Companies reported its fiscal first quarter 2025 results on June 14, posting $24.88 billion in sales and beating estimates.
- The company raised its annual identical sales forecast to 2%-2.75%, up from 1.5%-2.5%, driven by growth in pharmacy and digital segments.
- During the first quarter, Albertsons achieved a 25% increase in its digital sales, with online grocery purchases making up 9% of total grocery revenue, while its continued investments in pharmacy operations delivered strong results.
- CEO Susan Morris highlighted that pharmacy customers visit four times more and buy significantly more groceries, underpinning strong engagement and private-label penetration near 26%.
- Despite a drop in gross margin to 27.1% from 27.8% due to higher costs and investments, Albertsons maintained its adjusted profit outlook and saw steady demand amid inflation.
Insights by Ground AI
Does this summary seem wrong?
12 Articles
12 Articles
Denver GazetteReposted by 
MSN
MSNGrocer Albertsons lifts sales view on steady demand, margin pressure weighs on shares
By Anuja Bharat Mistry
·Denver, United States
Read Full Article
Colorado Springs GazetteReposted by 
WTVB
WTVBGrocer Albertsons raises annual sales forecast on steady demand for essentials
(Reuters) -Albertsons raised its annual sales forecast after beating quarterly estimates on Tuesday, betting on steady demand for essentials at grocery stores and pharmacies as economic uncertainty squeezes household budgets.
·Colorado Springs, United States
Read Full Article
Coverage Details
Total News Sources12
Leaning Left1Leaning Right0Center5Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
L 17%
C 83%
Factuality
To view factuality data please Upgrade to Premium
