Consumer

Albertsons Sales Forecast Bump Overshadowed by Margin Pressure

A shopper outside an Albertsons grocery store in Grand Prairie, Texas.Photographer: Shelby Tauber/Bloomberg

Albertsons Cos. raised its sales forecast for the full year, but left its earnings outlook unchanged amid pressure on margins.

The nation’s second-biggest supermarket chain saidBloomberg Terminal it now expects identical sales to grow as much as 2.75%, versus previous guidance for a gain as high as 2.5% increase.