US Stock Market Move | Q2 performances exceed expectations. Albertsons Companies, Inc. Class A (ACI.US) sees significant rebound of over 12%.

On Tuesday, Albertsons Companies, Inc. Class A (ACI.US) surged by over 12% to $19. On the news front, the company announced second-quarter revenue of $18.915 billion for the 2025 fiscal year and adjusted earnings per share of $0.44, both exceeding market expectations. The company raised its adjusted earnings per share guidance for the 2025 fiscal year from $2.03-$2.16 to $2.06-$2.19, higher than analysts' expectations of $2.10, and expects full-year adjusted EBITDA to reach $3.8-$3.9 billion. In addition, the company announced that it will increase its stock buyback program from $20 billion to $27.5 billion and signed a $7.5 billion accelerated stock buyback agreement.