BOISE, Idaho -- Albertsons is standing by its decision to retain margins at the expense of sales growth, but analysts see challenges ahead. The company reported a comparable-store sales increase of 1.8% for the first quarter ending May 5, excluding results at Shaw's Supermarkets, Quincy, Mass., or Bristol Farms, Carson, Calif., which it acquired last year. The company did not break out the food portion of the comp, but analysts contacted by SN last week estimated that, excluding fuel and ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.