Albertsons companies reports q1 earnings per share $1.00

Albertsons companies, inc. reports first quarter results.q1 adjusted earnings per share $1.35.q1 earnings per share $1.00.q1 earnings per share estimate $1.30 -- refinitiv ibes data.qtrly digital sales growth of 276%.qtrly identical sales growth of 26.5%.covid-19 related investments of about $615 million to support and protect front-line associates.gross profit margin increased to 29.8% during q1 of fiscal 2020 compared to 28.0% during q1 of fiscal 2019.albertsons companies - remains unable to predict continuing impact of covid-19 on its business for balance of year with reasonable certainty.qtrly sales & other revenue increased 21.4% to $22.8 billion.albertsons companies - since beginning of 2020, co experienced increases in product demand as customers responded to circumstances around covid-19.
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