Albertsons raises quarterly dividend to $0.68 per share and forecasts softer fiscal 2026 with adjusted EBITDA of $3.55 billion to $3.625 billion.
Albertsons Companies approved its ACI Edge restructuring, consolidating 11 divisions into four regions and centralizing merchandising to improve decision-making. The plan aims to streamline operations while maintaining local store execution.
The grocery chain raised its fiscal 2026 dividend by 13% to $0.68 per share after returning $1.8 billion to shareholders in fiscal 2025. It expects identical-sales growth of -0.5% to -1.5% and adjusted EPS of $1.75 to $1.85 for the year.
Shareholders also approved management proposals, including director elections and auditor appointments, at the annual meeting. CFO Sharon McCollam plans to retire once a successor is named.