Albertsons Companies, Inc. (ACI)
|Net Income (ttm)
|Jan 25, 2024
|21.00 - 21.55
|19.14 - 23.88
|Apr 9, 2024
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]
In 2022, ACI's revenue was $77.65 billion, an increase of 8.02% compared to the previous year's $71.89 billion. Earnings were $1.51 billion, a decrease of -6.55%.Financial Statements
According to 5 analysts, the average rating for ACI stock is "Buy." The 12-month stock price forecast is $25.56, which is an increase of 20.79% from the latest price.
FTC sues to block Kroger-Albertsons merger: Here's what to know
Kathy O'Neill, former DOJ antitrust division official, joins 'Squawk Box' to discuss the FTC's lawsuit to block the merger between Kroger and Albertsons, whether the deal could lead to to higher food ...
The FTC's opposition to the Kroger-Albertsons merger is 'philosophical', not pragmatic: Analyst
Bryan Gildenberg of Retail Cities says that there is "simply no evidence" that Krogers buying Albertsons would raise prices for consumers and he expects the acquisition to eventually be approved.
Kroger and Albertsons ACI , two of the nation's largest supermarket chains agreed to merge in October 2022. Since then there has been much discussion about whether the Federal Trade Commission Chair L...
The Federal Trade Commission (FTC) sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for...
FTC: Kroger (KR)-Albertsons (ACI) Merger Would Raise Grocery Prices
The FTC is suing to block Kroger's (KR) acquisition of grocery rival Albertsons (ACI). Renita Young discusses this as the FTC says that the merger would raise grocery prices for consumers.
A Biden administration bid to block supermarket chain Kroger's $24.6 billion deal to buy rival Albertsons may have outsized impact in two inflation-weary 2024 election battleground states, Nevada and ...
FTC Sues to Block Kroger (KR) Acquisition of Albertsons (ACI)
The FTC sues to block Kroger's (KR) acquisition of grocery rival Albertsons (ACI). Kevin Hincks discusses this as Kroger says that blocking the merger would hurt consumers and workers.
(Disclosure: I am an investor in Albertson's.)
(Disclosure: I am an investor in Albertsons.)
Antitrust regulator The Federal Trade Commission filed a lawsuit Monday in an attempt to spike Kroger's long-running attempt to buy rival grocer Albertsons, claiming the merger of the two major grocer...
The Federal Trade Commission—along with eight states and Washington, D.C.—filed a lawsuit Monday to block Kroger's proposed $24.6 billion acquisition of Albertsons, the largest proposed supermarket me...
FTC Sues to Block $24.6 Billion Kroger-Albertsons Deal
The US Federal Trade Commission joined with eight states and Washington DC in suing to block Kroger Co.'s $24.6 billion acquisition of Albertsons Cos. Monday, arguing the tie-up would lead to lower wa...
The deal, which would create a grocery empire with more than 4,000 stores, has drawn tough scrutiny from lawmakers and consumer groups worried about higher grocery prices, job losses, store closures a...
The U.S. Federal Trade Commission said on Monday that it is suing block Kroger's $24.6 billion purchase of rival grocery chain Albertsons on antitrust grounds, adding to a slew of legal challenges fro...
The deal would lead to higher food prices for consumers as well as lower wages for workers, the FTC says in a lawsuit filed in federal court in Oregon.
The U.S. Federal Trade Commission (FTC) said on Monday it was suing to block Kroger's near $25 billion purchase of rival grocer Albertsons as it would eliminate "fierce competition."
FTC sues to block Kroger, Albertsons merger, arguing deal would raise grocery prices and hurt workers
The FTC, which was joined by a group of attorneys general, said the Kroger-Albertsons deal would hurt competition in the grocery industry.
The Federal Trade Commission sued to block Kroger's bid for rival Albertsons, throwing into uncertainty the fate of one of the largest supermarket deals in history.
The U.S. Federal Trade Commission and eight states said on Monday they are suing to block supermarket chain Kroger's $24.6 billion deal to buy smaller rival Albertsons , saying it would boost grocery ...
CHICAGO--(BUSINESS WIRE)--R.R. Donnelley & Sons Company (RRD), a leading global provider of marketing, packaging, print, and supply chain solutions, today announced that Albertsons Companies selected ...
The United States Federal Trade Commission and a group of states could sue as soon as next week to block grocer Kroger's proposed $24.6 billion deal to buy smaller rival Albertsons , Bloomberg News re...
The two companies struck a "no-poaching" deal to weaken workers' leverage during a strike, Colorado's attorney general says.
Colorado's attorney general filed a lawsuit on Wednesday seeking to block Kroger's proposed $25 billion acquisition of rival supermarket chain Albertsons , saying consumers would be hurt, as the U.S. ...
Kroger Inc. KR, +0.95% said Tuesday it will lower prices for customers when its planned merger with Albertsons Cos. Inc. ACI, +0.33% closes, noting that it has done the same with previous deals.