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Benzinga

Business

Nabaparna Bhattacharya

What's Going On With Albertsons Stock Today?

Albertsons Joseph Feldman ACI

Bend,,Oregon,,Usa,-,August,30,,2023:,Exterior,Of,Albertson's

Albertsons Companies, Inc. (NYSE:ACI) shares are trading slightly lower on Wednesday.

Yesterday, the supermarket chain beat second-quarter earnings and sales estimates, fueled by strong digital growth and rising identical-store sales. It also announced a $750 million accelerated share repurchase and raised its full-year profit outlook.

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