Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than analysts had expected, while sales fell just short of estimates.

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By Ananya Mariam Rajesh (Reuters) -Albertsons executives focused on moving on from its scuttled merger with Kroger on Wednesday, as the supermarket chain raised its profit forecast and its CEO talked up investments meant to weather competition from bigger retailers.

Albertsons hosted a call with analysts Wednesday morning, the company’s first in more than two years when it agreed to combine with Kroger. That $24.6 billion deal ended late last year after a federal judge blocked it.