11:08 AM EDT, 10/15/2025 (MT Newswires) -- Albertsons ( ACI ) modestly raised its fiscal 2025 outlook and announced a $750 million accelerated share-repurchase, demonstrating "internal conviction in the company's strategy," RBC Capital Markets said Tuesday.
RBC said same-store sales rose 2.1% in fiscal Q2, or 2.2% excluding strike impacts, slightly ahead of expectations. Management lifted guidance for full-year sales and earnings and the board expanded the share buyback authorization to $2.75 billion, including the new program.
The analysts trimmed their Q3 adjusted earnings before interest, taxes, depreciation and amortization forecast to $1.04 billion from $1.05 billion on mix and pricing pressures.
RBC kept an outperform rating and $21 price target.
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