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Albertsons reports Q4 adjusted EPS 46c, consensus 41c

Reports Q4 revenue $18.8B, consensus $18.79B. Identical sales increased 2.3%. Digital sales increased 24%. Loyalty members increased 15% to 45.6M. “We delivered solid results in the fourth quarter and closed fiscal 2024 with positive momentum as we continued to invest in our Customers for Life strategy,” said Vivek Sankaran, CEO. “This strategy has firmly positioned the Company for its next chapter of growth and value creation for shareholders. As previously announced, I am retiring as of May 1, 2025, and am delighted that the Board of Directors has selected Susan Morris to succeed me as CEO. Under Susan’s leadership, I have the utmost confidence that she and the entire team will continue to drive future growth and continue to elevate our role with our customers and our communities.”

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