Shoppers at an Albertson’s grocery store in Cheyenne, Wyo. on Nov. 23, 2024. David Zalubowski/AP PhotoAlbertsons has agreed to pay $774 million to settle opioid-related claims, a move the grocery giant said pushed its fourth-quarter results into the red.The Boise, Idaho-based company on April 13 reported a net loss of $480.8 million for the quarter, compared with net income of $171.8 million a year earlier. The loss was largely driven by a $774 million pretax charge related to the settlement, or about $600 million after taxes.
19.2
C
Ottawa
Monday, August 3, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS