https://www.live-feeds.com/feed/albertsons-pulls-full-year-guidance-plans-business-reviewContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/albertsons-pulls-full-year-guidance-plans-business-reviewhttps://www.live-feeds.com/feed/albertsons-pulls-full-year-guidance-plans-business-review#u135957Mon, 19 Oct 2026 13:15:40 +0000Supermarket chain Albertsons suspended its fiscal 2026 financial guidance and launched a comprehensive business review following a steep decline in quarterly profit and persistent sales challenges. During the 12 weeks ended September 12, net income dropped approximately 69% to $51.5 million, while net sales slipped 0.1% to $18.89 billion. Same-store sales fell 0.8% for the quarter. Chief executive Susan Morris stated that the company must address an unsustainable cost structure. Leadership will not provide a new financial forecast until the business review concludes in the fourth quarter.Why i