albertsons

Citing broad financial improvement, Albertsons posted a net loss of $32.4 million in the second quarter ended September 8 versus a net loss of $355.2 million in the fiscal 2017 period.

Identical store sales increased 1% in the quarter year over year.

Sales and other revenue advanced 1.4%, to $14 billion in the period, driven by an increase in fuel sales of $140.3 million and the company’s 1% increase in identical sales, partially offset by a reduction in sales related to the closure of 30 stores in the first two quarters of fiscal 2018. Operating income was…