Sales grow, earnings wither at AlbertsonÕs

Sept. 4, 2003
AlbertsonÕs Inc, the Boise ID-based retail grocery giant, announced net earnings of $162 million for the second quarter of fiscal 2003. This compares
AlbertsonÕs Inc, the Boise ID-based retail grocery giant, announced net earnings of $162 million for the second quarter of fiscal 2003. This compares with $257 million during the same quarter a year ago.

The companyÕs sales climbed $112 million during the fiscal 2003 quarter, reaching $9.053 billion versus 2002Õs second-quarter sales of $8.941 billion.

Total gross profit rose $25 million to $2.656 billion coming in at 29.34% of sales, slightly lower than the 29.43% generated in the same period a year earlier.

About the Author

from staff and wire reports

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Boost truck leasing profits with telematics insights! Reduce maintenance costs, improve uptime, and strengthen customer relationships. Learn how data drives success.
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
Gain a strategic edge in today’s evolving fleet landscape. Join us to explore how fuel cards are helping fleet managers cut costs, enhance control, and prepare for an electrified...