India, April 15 -- While reporting financial results for the fourth quarter on Thursday, food and drug retailer Albertsons Cos., Inc. (ACI) initiated its adjusted income and identical sales growth guidance for the full-year 2025.
For fiscal 2025, the company now projects adjusted earnings in a range of $2.03 to $2.16 per share on identical sales growth of 1.5 to 2.5 percent.
On average, 20 analysts polled expect the company to report earnings of $2.30 per share for the year. Analysts' estimates typically exclude special items.
For the fourth quarter, the company reported net income of $171.8 million or $0.29 per share, down from $250.5 million or $0.43 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarte...