Albertsons sees FY25 adjusted EPS $2.03-$2.16, consensus $2.30

Sees FY25 adjusted EBITDA $3.8B-$3.9B. Sees FY25 identical sales up 1.5%-2.5%. Sees FY25 effective income tac rate 23.5%-24.5%. Sees FY25 capital expenditures $1.7B-$1.9B. Susan Morris, COO and incoming CEO, said, “I am thrilled to be taking the helm of our Company during this transformational time in our Customers for Life strategy. None of this would be possible without the support of our 285,000 associates who work tirelessly to make it all happen.” Morris added, “As we look forward to fiscal 2025 and beyond, we are excited about the investments we have made in our core business, including the growth opportunity inherent in our digital platforms working together to generate deeper engagement, increased digital inventory and acceleration of growth in the Albertsons (ACI) Media Collective. While fiscal 2025 will be an investment year, beginning in fiscal 2026 we expect to drive growth consistent with our long-term algorithm of 2+% identical sales and Adjusted EBITDA growth higher than identical sales growth.”