07:55 AM EST, 01/08/2025 (MT Newswires) -- Albertsons ( ACI ) reported fiscal Q3 adjusted net income Wednesday of $0.71 per diluted share, down from $0.79 a year earlier.

Analysts polled by FactSet expected $0.66.

Net sales and other revenue for the quarter ended Nov. 30 were $18.77 billion, up from $18.56 billion a year earlier.

Analysts surveyed by FactSet expected $18.82 billion.

The retail company said it now expects fiscal 2024 adjusted net income of $2.25 to $2.31 per share, compared with the previous forecast of $2.20 to $2.30 per share. Analysts surveyed by FactSet expect $2.27.

Shares of Albertsons ( ACI ) were more than 3% higher in recent premarket activity.