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Albertsons CEO Vivek Sankaran

Albertsons Cos. posts sales, earnings gains in Q4

Albertsons Cos. posts sales, earnings gains in Q4

BOISE, Idaho — Albertsons Cos. reported net sales and other revenue of $17.4 billion for the fourth quarter, up from $15.8 billion during the comparable 12-week period last year. The increase was driven by the company’s 7.5% increase in identical sales and higher fuel sales, with retail price inflation contributing to the identical sales increase.