Albertsons Companies, Inc. (ACI)
|Net Income (ttm)||1.66B|
|Ex-Dividend Date||Oct 28, 2022|
|Day's Range||21.07 - 21.27|
|52-Week Range||20.05 - 37.99|
|Price Target||28.24 (+33.21%)|
|Earnings Date||Jan 10, 2023|
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. As of February 26, 2022, it operated 2,276 stores under various banners, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, Un... [Read more]
In 2022, ACI's revenue was $71.89 billion, an increase of 3.15% compared to the previous year's $69.69 billion. Earnings were $1.62 billion, an increase of 90.50%.Financial Statements
According to 23 analysts, the average rating for ACI stock is "Buy." The 12-month stock price forecast is $28.24, which is an increase of 33.21% from the latest price.
Investors need to pay close attention to Albertsons Companies (ACI) stock based on the movements in the options market lately.
Wall Street Analysts Think Albertsons Companies, Inc. (ACI) Could Surge 40.1%: Read This Before Placing a Bet
The consensus price target hints at a 40.1% upside potential for Albertsons Companies, Inc. (ACI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in ...
Here is how Albertsons Companies, Inc. (ACI) and Helen of Troy (HELE) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...
The supermarket operator had been fighting opposition for months from attorneys general who tried to block the payout, as the company works to seal a merger with rival Kroger.
Shares of Albertsons Companies Inc. ACI, -1.23% jumped 2.0% in premarket trading Thursday, to buck the selloff in the broader market, after the grocery chain, which has agreed to be acquired by Kroger...
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) (the “Company”) today announced that the payment date for its previously announced $6.85 per common share Special Dividend (the ...
SEATTLE — The Washington state Supreme Court has brushed aside the final remaining legal hurdle in the way of a $4 billion dividend by Albertsons to its shareholders ahead of a proposed merger with ri...
Albertsons Companies Issues Statement Regarding State of Washington Supreme Court's Denial of Washington State Attorney General's Motion for Review
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) (“Albertsons Cos.” or “the Company”) today announced that the State of Washington's Supreme Court has denied a motion by the Att...
Washington state's highest court on Tuesday cleared the way for Albertsons Companies Inc to pay a $4 billion dividend ahead of the grocer's proposed deal with rival Kroger Co , as the justices decline...
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies (NYSE: ACI) today announced its first Albertsons Cos. Innovation Launchpad competition in search of small and independent brands representing emer...
Morgan Stanley upgraded Kroger's stock to Equal Weight on Tuesday, arguing that it looks fairly balanced at current levels.
Albertsons Companies continues its commitment to provide opportunities for underrepresented, diverse-owned businesses
BOISE, Idaho--(BUSINESS WIRE)--As part of its commitment to fostering diversity, equity and inclusion, Albertsons Companies (NYSE: ACI) today announced its annual application process for certified d...
Albertsons Companies, Inc. (ACI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Afresh Technologies and Albertsons Companies Roll Out AI-Powered Platform to More Than 2,000 Stores Nationwide
Afresh platform helps grocer improve fresh produce inventory for shoppers and reduce waste going to landfill SAN FRANCISCO , Jan. 12, 2023 /PRNewswire/ -- Afresh Technologies, the world's leading fres...
Wall Street Analysts Believe Albertsons Companies, Inc. (ACI) Could Rally 42.11%: Here's is How to Trade
The mean of analysts' price targets for Albertsons Companies, Inc. (ACI) points to a 42.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreem...
Albertsons' (ACI) third-quarter results reflect enhanced digital and omnichannel capabilities and efforts to boost productivity.
Albertsons Companies' digital bets are paying off, driving sales and boosting loyalty membership. The grocery giant, acquired in October by competitor Kroger, reported its third-quarter earnings Tuesd...
Same-store sales increased 7.9% during the third quarter, driven by price inflation, the company said.
The supermarket operator is in the midst of a roughly $20 billion sale to rival Kroger.
Albertsons Cos. Inc. stock ACI, +0.53% jumped 2.9% in premarket trade Tuesday, after the grocery store chain, which is in the midst of merging with Kroger Co. KR, +0.98% , posted better-than-expected ...