India, July 15 -- While reporting financial results for the first quarter on Tuesday, food and drug retailer Albertsons Cos., Inc. (ACI) reaffirmed its adjusted income guidance for the full-year 2025, while raising identical sales growth forecast.
For fiscal 2025, the company continues to project adjusted earnings in the range of $2.03 to $2.16 per share, but now expects identical sales growth of 2.0 to 2.75 percent, up from the prior forecast of 1.5 to 2.5 percent.
On average, 21 analysts polled expect the company to report earnings of $2.12 per share for the year. Analysts' estimates typically exclude special items.
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The company also announced that its...