10:14 AM EDT, 10/14/2025 (MT Newswires) -- Albertsons ( ACI ) lifted its full-year earnings outlook on Tuesday as the grocery chain reported better-than-expected fiscal second-quarter results.

The company now anticipates adjusted earnings in a range of $2.06 to $2.19 per share for its fiscal 2025, up from the previous guidance of $2.03 to $2.16. The current consensus on FactSet is for $2.09.

The stock jumped 10% in Tuesday trade, but has lost 5.2% so far this year.

Identical sales are pegged to rise between 2.2% and 2.75% for the ongoing fiscal year, reflecting a higher low end versus the prior forecast that called for growth of 2%.

"This assumes ongoing outsized growth in pharmacy and digital, as well as continued surgical price investments in grocery to accelerate unit inflection," Chief Financial Officer Sharon McCollam said during a conference call, according to a FactSet transcript. The Street is looking for a same-store sales gain of 2.5%.

For the three-month period ended Sept. 6, Albertsons' ( ACI ) adjusted EPS declined to $0.44 from $0.51 the year before, but topped the average analyst estimate of $0.39. Sales rose to $18.92 billion from $18.55 billion, ahead of the market view of $18.89 billion.

"Strong performance against our strategic priorities fueled deeper engagement across our digital platforms, resulting in outsized growth in digital sales, pharmacy and loyalty membership," Chief Executive Susan Morris said in the earnings release.

Identical sales increased 2.2% amid strong growth in pharmacy sales, while analysts were expecting a 2.1% increase. Digital sales jumped 23%, according to the company.

Tariffs have not had a material impact on the company's performance so far this year, with 90% of its products sourced domestically, McCollam told analysts. "We have and are taking proactive steps to mitigate cost exposure, leveraging sourcing, and supplier partnerships to minimize the downstream impact to both our margins and our customers," the CFO added.

Separately, Albertsons ( ACI ) said it upsized its share buyback program to $2.75 billion from $2 billion.

Price: 18.56, Change: +1.44, Percent Change: +8.41