Albertsons (ACI) Climbs 13.6% on Impressive Earnings, Higher Growth Outlook

We recently published Monstrous Gains: 10 Stocks Leaving Wall Street in the Dust. Albertsons Companies, Inc. (NYSE:ACI) is one of the best performers on Tuesday.

Albertsons snapped a three-day losing streak on Tuesday, climbing 13.63 percent to close at $19.26 after reporting an improved earnings performance in the second quarter of fiscal year 2025 and raising its growth outlook for the full-year period.

In an updated report, Albertsons Companies, Inc. (NYSE:ACI) said it was able to grow its net income by 15.8 percent to $168.5 million from $145.5 million in the same period last year.

Net sales also inched up by 2.16 percent to $18.9 billion from $18.5 billion year-on-year, on the back of a 2.2-percent pick-up in identical sales, supported by the pharmacy segment, which partially offset lower fuel sales. Digital sales also jumped by 23 percent year-on-year.

Following the results, Albertsons Companies, Inc. (NYSE:ACI) raised its identical sales growth outlook for the full-year period, now at a range of 2.2 percent to 2.75 percent, versus the 2 to 2.75 percent previously expected.

Outlook for adjusted EBITDA remained unchanged at a range of $3.8 billion to $3.9 billion.

In line with the performance, Albertsons Companies, Inc. (NYSE:ACI) announced the distribution of $0.15 in cash dividends to all common shareholders as of October 24. The dividends are payable on November 7, 2025.

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Disclosure: None. This article is originally published at Insider Monkey.