Shares of Albertsons Companies, Inc. (ACI) are soaring 5.02% in Wednesday's intraday trading session following the release of strong fourth-quarter results and a positive outlook for fiscal year 2025. The grocery retailer reported impressive growth in digital sales and pharmacy revenues, along with expanded loyalty membership.

For the fourth quarter of 2024, Albertsons reported identical sales growth of 2.3%, driven by an 18% increase in pharmacy revenue and a 24% surge in digital sales. The company's e-commerce penetration now exceeds 8% of grocery revenue, highlighting significant growth potential in this area. Additionally, Albertsons' loyalty program saw a 15% year-over-year increase, reaching over 45 million members.

Looking ahead to fiscal year 2025, Albertsons provided a solid outlook, projecting identical sales growth of 1.5% to 2.5% and adjusted EBITDA in the range of $3.8 billion to $3.9 billion. The company also announced plans to invest in digital growth, enhance its customer value proposition, and continue expanding its Albertsons Media Collective. Despite some short-term margin pressures due to these investments, management expressed confidence in the long-term growth strategy and ability to drive shareholder value.