Albertsons Misses Sales Targets, Settles Opioid Claims

Albertsons' stock fell after the grocery chain reported a sales miss, attributing it to slower GLP-1 growth and higher gas prices, and announced a $774 million settlement for opioid-related claims.

14 Apr, 19:49 — 14 Apr, 19:49

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marketwatchMostly Factual9d ago

Albertsons cites slower GLP-1 growth, higher gas prices for a sales miss and downbeat outlook

Albertsons’s stock was falling Tuesday after a sales miss and an announcement that the grocery-store chain has reached a $774 million settlement to resolve opioid-related claims.

By Bill Peters

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Albertsons Misses Sales Targets, Settles Opioid Claims

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Albertsons cites slower GLP-1 growth, higher gas prices for a sales miss and downbeat outlook

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