Exhibit 99.1
 
 
 
For more information, contact:
Albertsons Investor Relations
208/395-6622
Albertsons Public Affairs
208/395-4024
ALBERTSONS ANNOUNCES
SECOND QUARTER 2005 RESULTS
Owned Real Estate Holdings at Center of Continued Operating Strategy
2005 Earnings Guidance Reaffirmed
Boise, Idaho (September 7, 2005) – Albertson’s, Inc. (NYSE:ABS) reported financial results today for its second quarter 2005 which ended August 4, 2005 and explained its Core/Non-Core operating strategy and the role its significant owned real estate holdings will play going forward.
2nd QUARTER RESULTS
Reported net earnings for the quarter were $107 million or $0.29 per diluted share versus net earnings of $104 million or $0.28 per diluted share for last year’s second quarter. Earnings from continuing operations were $110 million or $0.30 per diluted share versus $125 million or $0.34 per diluted share in the same period last year.
Year to date through the first half of fiscal year 2005, reported net earnings reached $207 million or $0.56 per diluted share versus $140 million or $0.38 per diluted share in last year’s first half. First half earnings from continuing operations reached $217 million or $0.59 per diluted share versus $181 million or $0.49 per diluted share in the same period last year.

 


The following information was filed by Albertsons Inc on Wednesday, September 7, 2005 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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