Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings

Read full story on CNBC Markets
Share
Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings
AI disclosure

Summary

Shares of Albertsons sank Thursday after the grocer reported softness in its core business and lowered its full-year outlook as a result.

Original reporting

Open original source

Related coverage

Read full article on CNBC Markets

Get the AFBytes Brief

Major stories, AI-assisted analysis, and what to watch next. Free, monthly, unsubscribe anytime.