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Albertsons Reports First Quarter Results

Albertsons Companies, Inc. (the "Company") today reported results for the first quarter of fiscal 2019, which ended June 15, 2019.

First Quarter of Fiscal 2019 Highlights

  • Identical sales increased 1.5%
  • Adjusted EBITDA increased 7.5% to $877 million compared to last year
  • Net income of $49.0 million compared to a net loss of $17.7 million last year
  • Own Brands sales penetration reached 25.3%
  • Digital and eCommerce sales grew 33%
  • Net debt leverage reduced to...

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