Albertsons Cos.’ Q3 earnings beat estimates
BOISE, Idaho — Albertsons Cos. on Tuesday reported increased sales and earnings for its fiscal 2021 third quarter, which ended December 4. Identical sales increased 5.2%; on a two-year stacked basis identical sales growth was 17.5%. Digital sales increased 9%; and the gain on a two-year stacked basis was 234%. Net income was $424.5 million,