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  • 6 minutes ago
Albertsons withdrew its full-year outlook as weaker grocery performance prompts a turnaround. The company plans cost cuts, lower prices and portfolio changes, with a comprehensive plan expected during its fourth-quarter earnings call.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:40The company expects to unveil a comprehensive turnaround plan and updated financial framework during its fourth quarter earnings call.
00:48For all things money, visit Benzinga.com.

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