Albertsons Companies, Inc. Class A Common Stock (ACI)
20.05
0.00 (0.00%)
Albertsons Companies Inc is a leading grocery retailer in the United States, operating a diverse range of food and drug stores under various well-known brands
The company focuses on providing customers with a wide selection of fresh produce, meats, and bakery items, alongside a comprehensive assortment of household essentials and health products. With a strong emphasis on enhancing the shopping experience, Albertsons also invests in technology and customer service to streamline operations and engage consumers through loyalty programs and digital platforms. Additionally, the company is committed to sustainability and community engagement, aiming to build lasting relationships with its customers and stakeholders.
Egg prices in the U.S. have risen 60% over the past year, due in large part to the bird flu ravaging commercial flocks. Here's a look at why experts see the prices continuing to climb.
Albertsons Companies reported a 1.2% increase in sales for Q3, totaling $18.774 billion, slightly missing estimates. Identical sales grew 2%, with pharmacy sales driving growth. Despite an 8% drop in operating income, adjusted EPS of $0.71 beat expectations.
Albertsons Companies, Inc. (NYSEACI) (the “Company”) today announced its Board of Directors has declared a cash dividend for the fourth quarter of fiscal 2024 of $0.15 per share of common stock. The cash dividend is payable on February 7, 2025, to stockholders of record as of the close of business on January 24, 2025.
Albertsons Media Collective, the retail media arm for Albertsons Companies, Inc. (NYSEACI), today announced the launch of an API that will enable advertisers to integrate Albertsons Cos. campaign performance data into their own measurement models for analysis. Complementing these efforts, Albertsons Media Collective is partnering with TransUnion to offer its advertisers TruAudience® marketing mix modeling (MMM) measurement to unlock ease and efficiency in comparing performance across retailers and channels.
Albertsons Companies (NYSEACI) today launched its 3rd Annual Albertsons Companies Innovation Launchpad competition in search of emerging and innovative brands representing food, beverage and pet products. Independent food brands between $3 million and $10 million in net retail sales are encouraged to apply for the opportunity to compete live at the Natural Products Expo West in Anaheim, California, on March 4.
Kroger investors can look forward to robust capital returns in 2025, which will include dividends, distribution increases, buybacks, and debt reduction.
Albertsons Companies, Inc. (NYSEACI) will release financial results for the third quarter of fiscal 2024, which ended November 30, 2024, before the market opens on Wednesday, January 8, 2025. ACI will host a conference call that day at 8:30 a.m. Eastern Time. The conference call will be available at the following address by accessing the "Events & Presentations" link included therein:
Albertsons announces the termination of its proposed merger with Kroger and files lawsuit against the grocery giant, alleging Kroger violated the contractual obligations of the merger agreement by failing to do all it could to secure regulatory approval.
Albertsons Companies, Inc. (NYSEACI) (the "Company") today announced it has exercised its right to terminate its merger agreement with Kroger after the U.S. District Court in Oregon and the King County Superior Court for the State of Washington issued injunctions with respect to the proposed merger on December 10, 2024.
A district judge ruled Kroger's $24.6 billion takeover of Albertsons would reduce competition for U.S. grocery shoppers, likely squelching for the deal.
