From RTTNews:

Albertsons Companies, Inc. (ACI) reported a third quarter net income of $361.4 million, or $0.62 per share, compared to $375.5 million, or $0.20 per share, a year ago. Adjusted net income was $462.3 million, or $0.79 per share, compared to $505.1 million, or $0.87 per share, prior year.

Third quarter net sales and other revenue was $18.6 billion compared to $18.2 billion, last year. The increase was driven by a 2.9% increase in identical sales, with strong growth in pharmacy sales driving the identical sales increase.

Albertsons’ Board declared a cash dividend for the fourth quarter of fiscal 2023 of $0.12 per share of common stock. The cash dividend is payable on February 9, 2024 to stockholders of record as of the close of business on January 26, 2024.



Read more: Albertsons Companies Q3 Profit Beats Estimates; Identical Sales Up 2.9%