1109 ET - Albertsons is dealing with more cost pressures at a time when shoppers are demanding lower prices on groceries. The company is expecting supply costs to increase this year due to elevated fuel costs from the Iran war, executives tell analysts on a call. At the same time, shoppers are taking a more cautious approach to grocery shopping, with some choosing cheaper options like Walmart and Aldi over Albertsons brand stores, executives say. Management says it will negotiate aggressively with suppliers to try to get them to absorb higher costs, but is also willing to take on some compression to margins to avoid raising prices for consumers. Shares slide 21%. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

July 23, 2026 11:09 ET (15:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.