Albertsons Companies, Inc. (ACI)
| Market Cap | 12.27B |
| Revenue (ttm) | 79.93B |
| Net Income (ttm) | 1.04B |
| Shares Out | 579.38M |
| EPS (ttm) | 1.78 |
| PE Ratio | 11.89 |
| Forward PE | 9.48 |
| Dividend | $0.60 (2.83%) |
| Ex-Dividend Date | Jan 24, 2025 |
| Volume | 2,664,400 |
| Open | 21.21 |
| Previous Close | 21.16 |
| Day's Range | 21.06 - 21.28 |
| 52-Week Range | 17.00 - 22.05 |
| Beta | 0.35 |
| Analysts | Buy |
| Price Target | 23.85 (+12.66%) |
| Earnings Date | Apr 15, 2025 |
About ACI
Albertsons Companies, Inc., through its subsidiaries, engages in the operation of food and drug stores in the United States. The company’s food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores. It operates stores under various banners, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Stree... [Read more]
Financial Performance
In 2023, Albertsons Companies's revenue was $79.24 billion, an increase of 2.05% compared to the previous year's $77.65 billion. Earnings were $1.30 billion, an increase of 7.00%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for ACI stock is "Buy." The 12-month stock price forecast is $23.85, which is an increase of 12.66% from the latest price.
News
Kroger throws latest punch in legal battle with Albertsons
Kroger and Albertsons are fighting it out in court, blaming the other for which caused their proposed $25 billion merger to fail. A federal judge blocked the merger in December.
Kroger countersues rival Albertsons
U.S. grocery chain Kroger countersued rival Albertsons on Tuesday, escalating a legal fight between the two companies following the demise of their proposed $25 billion merger that was blocked by cour...
Albertsons Companies Announces Fourth Quarter and Fiscal 2024 Earnings Release and Conference Call Date
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. will release financial results for the fourth quarter and fiscal 2024 before the market opens on Tuesday, April 15, 2025.
Albertsons® Companies Announces New Goal to Enable 1.5 Billion Meals Across Local Communities by 2030
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies and Albertsons Companies Foundation announced significant advancements in the company's mission to help end the cycle of hunger.
US states seek legal fees from lawsuit challenging Kroger-Albertsons merger
California, Oregon, Illinois and five other U.S. states have asked a U.S. judge to award them legal fees for winning an order in federal court blocking Kroger's now-abandoned $25 billion deal for groc...
Albertsons: A Compelling Buy Amid Legal Battles And Market Shifts
Robert F. Kennedy Jr.'s health policies are expected to shift consumer preferences towards fresher, healthier foods, benefiting grocery stocks like Albertsons. Albertsons' diverse business model, attr...
Albertsons Companies Set to Join S&P MidCap 400
NEW YORK , March 4, 2025 /PRNewswire/ -- Albertsons Companies Inc. (NYSE: ACI) will replace Aspen Technology Inc. (NASD: AZPN) in the S&P MidCap 400 effective prior to the opening of trading on Tuesda...
Albertsons Says CEO Vivek Sankaran to Retire May 1
Albertsons Companies said Monday (March 3) that CEO Vivek Sankaran will retire May 1 and will be succeeded by Executive Vice President and Chief Operations Officer Susan Morris, effective the same day...
Albertsons appoints insider to top role as CEO Vivek Sankaran to retire
Albertsons said on Monday its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role, as the supermarket chain shifts focus to build its digital sales and retail media busin...
Albertsons Companies, Inc. Announces CEO Succession Plan
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) (the “Company”) today announced a CEO succession plan under which Susan Morris, Executive Vice President and Chief Operations Offi...
Albertsons Companies, Inc. Announces Changes to Board of Directors
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. announces changes to Board of Directors today.
Albertsons Companies, Inc. Announces Pricing of Its Senior Notes Offering
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies announced the pricing of its private offering of $600 million aggregate principal amount of its 6.250% senior notes due 2033.
Albertsons Companies, Inc. Announces Proposed Senior Notes Offering
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. announced its intention to offer $600 million in aggregate principal amount of new senior notes due 2033.
Trump's New Tariffs: Top U.S.-Centric Stocks Amid Escalating Trade Tensions
Tariffs and currency headwinds are impacting costs and currency, making US retail and service-related stocks a nice hedge. Key stocks to consider include home improvement, grocery, automotive retail, ...
Positive Beverage Brings Positive Energy® to the Aisles of Albertsons and Vons Stores in Southern California
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #AlbertsonsStores--Positive Beverage's sugar-free, sucralose-free energy drinks are now in 280+ Albertsons and Vons stores across Southern California.
Albertsons Is Still Trading At A Steep Discount, Even After Strong Upside
Albertsons Companies remains a strong buy despite the blocked Kroger merger, with shares rising 13.7% since the merger collapse. The company shows growth in revenue and profits, driven by its pharmacy...
Albertsons Doubles Down on Digital; Eyes Growth Despite Merger Setback
Under CEO Vivek Sankaran, Albertsons has invested heavily in digital transformation, customer engagement, and operational efficiency. Even after the halt of the proposed merger with Kroger, the compan...
Albertsons Companies, Inc. (ACI) Q3 2024 Earnings Call Transcript
Albertsons Companies, Inc. (NYSE:ACI) Q3 2024 Earnings Call Transcript January 8, 2025 8:30 AM ET Company Participants Melissa Plaisance - SVP, IR, Treasury, and Risk Management Vivek Sankaran - CEO ...
Albertsons Profits Top Estimates in First Quarter Since End of Kroger Merger
Shares of grocery retailer Albertsons (ACI) rose Wednesday morning after the company reported better third-quarter earnings than analysts had expected, while sales fell just short of estimates.
Albertsons profit beat overshadows a sales miss as it readies to go it alone
Albertsons Cos. Inc.'s stock rose 3.6% early Wednesday, after the grocery chain beat profit estimates for its fiscal third quarter, offsetting a small revenue miss.
Albertsons misses quarterly sales estimates
Albertsons missed third-quarter sales expectations on Wednesday, as intense competition from bigger retailers such as Walmart and Kroger offering heavy discounts and promotions hurt demand.
Albertsons Companies, Inc. Reports Third Quarter Fiscal 2024 Results
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. today reported results for the third quarter of fiscal 2024, which ended November 30, 2024.
Albertsons Companies Announces Common Stock Dividend
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. announced its Board of Directors has declared a cash dividend for the fourth quarter of $0.15 per share of common stock.
Albertsons Media Collective Enables Advertisers to Measure Performance with Greater Ease and Frictionless Access Via New API Offering and TransUnion Partnership
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Media Collective launches an API that will enable advertisers to integrate campaign performance data into their own measurement models.
What Analysts Think of Albertsons Stock Ahead of Earnings
Albertsons (ACI) is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's proposed merger with Kroger (KR) fell apart last month after months of...