Albertsons Companies reported first quarter fiscal 2026 results with net income of $84.7 million ($0.17 per share) and adjusted net income of $210.3 million ($0.42 per share). The company is lowering its fiscal 2026 outlook, reducing expected adjusted net income per share to $1.75-$1.85 from $2.22-$2.32 and adjusted EBITDA to $3.550-$3.625 billion from $3.850-$3.925 billion. To address performance softness, the company launched ACI Edge, a realignment consolidating 11 divisions into four regions and centralizing center-store merchandising. The company also announced a quarterly cash dividend of $0.17 per share payable August 7, 2026. Albertsons is a food and drug retailer operating stores across 35 states.
