Albertsons FY profit forecast unchanged despite Q1 beat; shares fall
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U.S. grocer Albertsons' ACI.N shares fall ~4% to $21.20 as co maintains full-year profit forecast even as it reports Q1 results beat
Co maintains FY adjusted net income per share forecast in the range of $2.03 to $2.16
Unchanged profit forecast comes amid tariff-related macroeconomic uncertainties
However, ACI raises annual identical sales growth forecast to be between 2% and 2.75% vs. prior forecast of 1.5% to 2.5% growth
Co reports Q1 profit of 55 cents/share vs. analysts' estimates of 53 cents
As of last close ACI stock up ~13%, YTD
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