Albertsons expects strong 2Q comps, $9M loss

Albertsons expects strong 2Q comps, $9M loss

Albertsons Cos. said this week that it expects to post companywide sales of $13.4 billion and a $9 million operating loss during the second quarter, reflecting strong ID sales and the effect of newly acquired Safeway stores.

Identical-store sales, excluding fuel, grew by an estimated 4.4% during the period, which ended Sept. 4, the company added.

Albertsons, headquartered in Boise, Idaho, reported the estimated f

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