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NET INCOME: Wall Street projects the Cincinnati company to report $964.2 million in net income, compared with net income of $947 million a year earlier. ADJUSTED EARNINGS: Stripping out certain ...

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This has necessitated increased investments in pricing and digital infrastructure ... the competitive dynamics, leaving Albertsons to pursue its growth strategy independently.

UBS also reduced its price target for Albertsons to $22, maintaining a Neutral rating, as the company’s forecast suggested a 5.5% decline in EBITDA for the same fiscal year.