Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings - CNBC
Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings - CNBC
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Shares of grocer Albertsons sank nearly 15% on Thursday after the company lowered its fiscal 2026 outlook, citing softer demand and a more cautious consumer. The company said it is now "moving decis… [+1566 chars]