Albertsons Companies reported strong Q2 2024 financial results, surpassing earnings and revenue estimates. The company posted an adjusted EPS of $0.51, beating the $0.48 estimate, and sales of $18.551 billion, exceeding the $18.483 billion estimate. Net income was $146 million, or $0.25 per share, while adjusted net income stood at $301 million. The company also reported an adjusted EBITDA of $901 million. Identical sales increased by 2.5%, and digital sales saw a significant rise of 24%. Additionally, Albertsons' loyalty program experienced a 15% growth, reaching 43 million members. Year over year visits to Albertsons in Q3 2024 were up by 10.8% compared to pre-pandemic visits. The positive financial performance led to a rise in Albertsons' stock price.