Albertsons raises FY25 adjusted EPS view to $2.06-$2.19 from $2.03-$2.16

Consensus $2.11. Backs FY25 adjusted EBITDA view $3.8B-$3.9B. Narrows FY25 identical sales view to 2.2%-2.75% from 2%-2.75%. Backs FY25 effective tax rate view 23.5%-24.5%. Narrows FY25 capital expenditures view to $1.8B-$1.9B from $1.7B-$1.9B. Morris added, “As we look ahead to the balance of fiscal 2025 and beyond, it is a new day at Albertsons (ACI). We’re operating from a position of strength, taking bold action, and leading transformative change with confidence. We’re investing with purpose, modernizing capabilities through scalable technology, and advancing ongoing productivity initiatives to fuel long-term growth. The $750 million accelerated share repurchase we announced today underscores our conviction in the value of our business and our commitment to delivering shareholder returns.”