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Big-Box Briefing: What’s fueling Albertsons’ identity crisis as it accelerates turnaround efforts

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Big-Box Briefing: What’s fueling Albertsons’ identity crisis as it accelerates turnaround efforts

The grocery business has been uniquely challenging in 2026, thanks to sky-high inflation. But Albertsons’ second-quarter earnings call on Tuesday was still unusually dour. 

In the second quarter, Albertsons reported that comparable sales declined 0.8% year-over-year. Meanwhile, net income came in at $52 million, down from $168.5 million a year ago. The grocer also pulled its full-year guidance.

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