E-commerce Growth and Profitability
E-commerce sales grew by 17% this quarter, led by delivery. The company expects approximately $400 million in e-commerce profitability improvements in 2026, making the e-commerce business profitable.
Strong Performance in Pharmacy
Pharmacy sales continued to grow, contributing positively to gross profit dollars and supporting overall operating profit.
Expansion Plans and Store Openings
The company plans to accelerate capital investment in new stores beyond 2025, with expectations to break ground on 14 new stores in the fourth quarter, marking a meaningful acceleration in activity.
Improved Market Share Trends
The company delivered share trend improvement again this quarter, reflecting progress in strengthening its competitive position.
Price Investments and Promotions
Increased price investments and promotions toward the end of the quarter to help customers save, especially when SNAP benefits were held up.