Albertsons (ACI) reported a fiscal Q2 adjusted net income Tuesday of $0.36 per diluted share, down from $0.44 a year earlier.
Analysts polled by FactSet expected $0.33.
Net sales and other revenue for the quarter ended Sept. 12 were $18.89 billion, compared with $18.92 billion a year earlier.
Analysts projected $18.87 billion.
Albertsons said it is reviewing its customer strategy, cost structure, operating model, portfolio of banners, markets assets and businesses, and capital allocation priorities, and is no longer providing a fiscal year outlook until the comprehensive business review is completed during Q4.
The company also said its next quarterly dividend payment of $0.17 per share will be paid on Nov. 6 to stockholders of record as of Oct. 23.
Shares of the company were down more than 2% pre-bell Tuesday.