Albertsons Companies, Inc. (ACI)
| Market Cap | 11.93B |
| Revenue (ttm) | 79.93B |
| Net Income (ttm) | 1.04B |
| Shares Out | 579.38M |
| EPS (ttm) | 1.78 |
| PE Ratio | 11.55 |
| Forward PE | 9.21 |
| Dividend | $0.60 (2.92%) |
| Ex-Dividend Date | Jan 24, 2025 |
| Volume | 42,340 |
| Open | 20.42 |
| Previous Close | 20.56 |
| Day's Range | 20.37 - 20.59 |
| 52-Week Range | 17.00 - 21.75 |
| Beta | 0.36 |
| Analysts | Buy |
| Price Target | 23.52 (+14.23%) |
| Earnings Date | Jan 8, 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 $23.52, which is an increase of 14.23% from the latest price.
News
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...
Albertsons Companies Hosts 3rd Annual Competition for Emerging and Innovative Food, Beverage and Pet Products
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies launched its 3rd Annual Albertsons Companies Innovation Launchpad competition in search of emerging and innovative brands.
Final Trade: ACI, GS, UBER
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Albertsons Companies Announces Third Quarter Fiscal 2024 Earnings Release and Conference Call Date
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. will release financial results for the third quarter of fiscal 2024 before the market opens on Wednesday, Jan. 8, 2025.
Food Fight With Kroger Spells Trouble for Albertsons
Albertsons faces daunting challenges as a stand-alone company.
Kroger Vs. Albertsons: Which Stock Is The Best Bet After The Merger Breakup?
Albertsons is poised to sue for their deal termination fee which, if obtained, would most likely kill any chance for a future deal. ACI was priced on the merger closing and now remains very undervalue...
Albertsons is now suing Kroger for billions. That won't help it find another buyer, analysts say.
Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after two judges blocked it.
Albertsons sues Kroger, terminates deal after federal judge blocks massive grocery merger
Albertsons terminated the merger and blamed Kroger for breaching the terms of its agreement.
Albertsons Takes Kroger to Court After Grocery Merger Collapses
Albertsons has sued fellow grocery giant Kroger over the failure of their $24.6 billion merger. The company said Wednesday (Dec. 11) that it has filed a lawsuit in the Delaware Court of Chancery, accu...
The Kroger-Albertsons Deal Is Off. Courthouse Drama Could Be Next
The deal is over. The story isn't.
Albertsons files lawsuit against Kroger for breach of merger agreement
CNBC's Sara Eisen reports on news regarding two large grocery store operators.
Albertsons Sues Kroger, Terminates Merger After Judge Blocks Supermarket Megadeal
Albertsons' lawsuit said the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 billion deal.