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Popular Grocery Chain Plans To Add Clinton Store
Clinton, CT Patch· 2025-07-17 17:37
Business & TechPopular Grocery Chain Plans To Add Clinton StoreA grocery chain known for its low prices has plans to open a location in a Clinton shopping plaza.A grocery chain known for its low prices has plans to open a location in a Clinton shopping plaza. (Shutterstock)CLINTON, CT — An ALDI grocery store is planned for a site in Clinton. The store is being advertised in a real estate flyer for a site at 224 to 230 E. Main St.Tyler Lyman, of True Commercial Real Estate, LLC, said that there is no opening ...
UNFI Revises 2025 Guidance, Maintains Long-Term Growth Focus
ZACKS· 2025-07-17 14:42
Core Insights - United Natural Foods, Inc. (UNFI) has updated its fiscal 2025 financial outlook while maintaining confidence in its long-term strategic goals, reflecting strong performance in the first three quarters and the impact of a cyber incident in the fourth quarter [1][3][11] Financial Outlook - For fiscal 2025, UNFI anticipates net sales of $31.6-$31.8 billion, an increase of 2.3% over fiscal 2024, compared to the previous forecast of $31.3-$31.7 billion [3][10] - Adjusted EBITDA is now expected to be between $535 million and $565 million, slightly below the previous estimate of $550-$580 million, indicating a 6.2% growth over the prior year [3][10] - Adjusted EPS has been revised to 40-80 cents from the prior range of 70-90 cents, reflecting the temporary impact of the cyber incident [4] - Free cash flow is projected at approximately $200 million, up from the prior forecast of $150 million, showing a significant improvement from negative $92 million in fiscal 2024 [4][10] Cybersecurity Incident - UNFI faced a cybersecurity incident in the fourth quarter of fiscal 2025, which is expected to reduce net sales by about $350-$400 million and lower adjusted EBITDA by $40-$50 million [5] - The incident is anticipated to incur $20 million in incremental costs and about $5 million in remediation expenses, leading to a total estimated net loss of $50 million to $60 million, including tax impact [5] - Despite the disruption, primary ordering systems were restored within 10 days, and operations are now at normalized levels, with no material impact expected beyond fiscal 2025 [6] Strategic Initiatives - UNFI continues to focus on a partner-first strategy, improving efficiency, and accelerating multi-year growth plans despite recent challenges [2][11] - The company benefits from lean management practices, wholesale business realignment, and optimization of unprofitable operations, indicating a commitment to long-term value creation [7][11] - The natural and organic business segment is experiencing impressive growth due to increased consumer demand for healthier products, aligning with broader consumer trends [8]
Instacart to Report Second Quarter 2025 Financial Results on August 7, 2025
Prnewswire· 2025-07-17 13:20
SAN FRANCISCO, July 17, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its second quarter 2025 financial results after market close on Thursday, August 7, 2025. The company's second quarter 2025 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com.Instacart's CEO, Fidji Simo, and CFO, Emily Reuter, will also host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on T ...
X @Bloomberg
Bloomberg· 2025-07-17 07:36
Ocado posts a rare pretax profit helped by the valuation of its grocery delivery joint venture with Marks & Spencer https://t.co/BImKDJESp7 ...
Ahold Delhaize USA Services, LLC Data Breach Alert Issued By Wolf Haldenstein
GlobeNewswire News Room· 2025-07-16 20:40
PLEASE CLICK HERE TO SUBMIT YOUR CONTACT INFORMATION NEW YORK and CHICAGO, July 16, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein”), a preeminent national consumer rights law firm, is investigating claims on behalf of people who have been impacted by the Ahold Delhaize USA Services, LLC (“Ahold Delhaize”) data breach. Ahold Delhaize, headquartered in Salisbury, North Carolina, announced that the personal information of employees and former employees may have been sto ...
Transforming search and discovery using LLMs — Tejaswi & Vinesh, Instacart
AI Engineer· 2025-07-16 18:01
[Music] Hi, good afternoon everyone. Uh my name is Vines and he's the we are part of the search and machine learning team at Instacart. So today we'd like to talk to you about how we are using LMS to transform our search and discovery.Um, so yeah, so first a little bit about ourselves. Yeah, as I mentioned, we are part of the search and discovery ML team at Instacart. And for those of you who may not be part who may not be familiar with Instacart, it's the leader in online grocery in North America.Uh, and o ...
Albertsons' Q1 Earnings Beat Estimates, Identical Sales Rise 2.8% Y/Y
ZACKS· 2025-07-16 14:01
Key Takeaways Albertsons' Q1 revenues rose 2.5% to $24.88B; EPS declined 16.7% to 55 cents. Identical sales climbed 2.8%, driven by pharmacy, digital and loyalty program strength. Gross margin slipped 70 bps to 27.1% on higher costs and investments in growth.Albertsons Companies, Inc. (ACI) reported first-quarter fiscal 2025 results, wherein both the sales and earnings surpassed the Zacks Consensus Estimate. Additionally, on a year-over-year basis, the company’s top line increased, while the bottom line d ...
Albertsons Companies: This Plunge Puts It On Sale
Seeking Alpha· 2025-07-16 06:58
Group 1 - Albertsons Companies experienced a 5.1% drop in share price following the announcement of its financial results for the first quarter of the 2025 fiscal year [1] - The financial results announcement was a significant event impacting shareholder sentiment [1] Group 2 - The focus of Crude Value Insights is on cash flow and companies in the oil and natural gas sector, highlighting value and growth prospects [1] - The service offers subscribers access to a stock model account, cash flow analyses of exploration and production firms, and live discussions about the sector [2] - A promotional offer for a two-week free trial is available for new subscribers [3]
Albertsons Q1 Sales Up on Digital Growth
The Motley Fool· 2025-07-15 18:17
Albertsons Companies (ACI -4.99%) reported first quarter 2025 results on July 15, 2025, with same-store sales growth of 2.8%, adjusted EBITDA of $1.11 billion, and adjusted EPS of $0.55, but lower year-over-year profitability. Management raised its FY2025 same-store sales growth outlook to 2%–2.75%, driven by outsized pharmacy and digital gains, while reiterating its unchanged adjusted EBITDA and adjusted EPS guidance for FY2025. Key strategic developments this quarter provide insight into digital transform ...
VALLARTA SUPERMARKETS JOINS QUAD'S IN-STORE CONNECT NETWORK
Prnewswire· 2025-07-15 16:00
Partnership Brings Digital Media to the Aisles of One of California's Fastest-Growing GrocersSUSSEX, Wis., July 15, 2025 /PRNewswire/ -- Quad/Graphics Inc. (NYSE: Quad), a marketing experience company that solves complex marketing challenges for its clients, is expanding its In-Store Connect retail media network into Vallarta Supermarkets, one of California's top Latino-owned grocery chains.The partnership brings strategically located digital signage into an initial 15 Vallarta stores starting this summer, ...