FORT_1170x120_9-15-20

third-quarter revenue

Albertsons reports 2.7% same-store sales gain in Q3

Albertsons reports 2.7% same-store sales gain in Q3

BOISE, Idaho — Albertsons Cos. said that its third-quarter revenue increased 1.9% to $14.1 billion, driven by a 2.7% increase in comparable-store sales. Same-store sales have now increased for eight consecutive quarters. Gains in the 12 weeks to November 30 were attributed to growth in sales of its Own Brands merchandise. Participation in Albertsons’ grocery