Albertsons Companies, Inc. (ACI)
| Market Cap | 13.25B |
| Revenue (ttm) | 78.76B |
| Net Income (ttm) | 1.37B |
| Shares Out | 575.89M |
| EPS (ttm) | 1.93 |
| PE Ratio | 11.92 |
| Forward PE | 8.63 |
| Dividend | $0.48 (2.09%) |
| Ex-Dividend Date | Oct 30, 2023 |
| Volume | 2,616,049 |
| Open | 22.90 |
| Previous Close | 22.99 |
| Day's Range | 22.83 - 23.02 |
| 52-Week Range | 19.14 - 23.88 |
| Beta | 0.34 |
| Analysts | Buy |
| Price Target | 25.85 (+12.39%) |
| Earnings Date | Jan 9, 2024 |
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 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 StatementsAnalyst Forecast
According to 6 analysts, the average rating for ACI stock is "Buy." The 12-month stock price forecast is $25.85, which is an increase of 12.39% from the latest price.
News
Albertsons Companies to Release Third Quarter Fiscal 2023 Earnings on January 9, 2024
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. will release its financial results for the third quarter before the market opens on January 9, 2024.
Judge Dismisses Lawsuit Against Kroger's Proposed Acquisition of Albertsons
A U.S. judge has dismissed a consumer lawsuit that alleged Kroger's proposed acquisition of grocery chain operator Albertsons would lead to reduced competition and increased prices. In the Wednesday (...
US judge again rejects shoppers' lawsuit over Kroger's Albertsons deal
A U.S. judge on Wednesday dismissed a consumer lawsuit that claimed Kroger's proposed $24.6 billion acquisition of grocery chain operator Albertsons would diminish competition and drive up prices.
Albertsons Companies Appoints Sarah Mensah and Lisa Gray to Board of Directors
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) announced today that Sarah Mensah and Lisa Gray have been appointed to the Company's Board of Directors (the “Board”). The Company...
Democrats in Congress call on FTC to block Albertsons-Kroger merger
A group of congressional Democrats wrote to the FTC calling for the agency to block the pending merger between Albertsons and Kroger over antitrust concerns.
Lawmakers call on U.S. regulator to thwart Kroger-Albertsons deal
Six U.S. lawmakers wrote to the Federal Trade Commission (FTC) on Monday expressing their opposition to the proposed $24.6-billion acquisition of grocery chain operator Albertsons by peer Kroger Co , ...
United Supermarkets, Market Street, Amigos, Albertsons, and Albertsons Market is Helping Shoppers Keep Food Fresher for Longer with New Loyalty Campaign Give-Away
LUBBOCK, Texas & NEW YORK--(BUSINESS WIRE)--tcc Global program helps United's guests save money while addressing food waste and other environmental challenges.
Afresh Deploys AI-Powered Store Ordering and Inventory Platform to Albertsons Companies' Meat and Seafood Departments Chainwide
After a very successful deployment in produce, Albertsons Cos. rolls out the Afresh platform across two key categories, meat and seafood, to drive higher in-stock rates and delivery on localized consu...
HEALTHPILOT SIMPLIFIES MEDICARE PLAN ENROLLMENT EXPERIENCE FOR ALBERTSONS CUSTOMERS THROUGH INNOVATIVE COLLABORATION
NASHVILLE, Tenn. , Nov. 15, 2023 /PRNewswire/ -- Healthpilot, a leading healthcare technology company, is thrilled to announce its partnership with Albertsons Companies, Inc. (NYSE: ACI), a renowned r...
Top 4 Risk Off Stocks You'll Regret Missing In Q4 - The Real Good Food (NASDAQ:RGF), Albertsons Companies (NYSE:ACI)
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
Bargain alert: 3 large caps with RSIs that scream oversold
Everyone likes to feel like they're getting a bargain when buying something. It's no different when it comes to buying stocks.
Kimco Realty® Declares Special Cash Dividend of $0.09 Per Share of Common Stock
JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty® (NYSE: KIM) announced today that its Board of Directors has declared a one-time, special dividend of $0.09 per share of common stock to satisfy its distri...
Chicory: Albertsons, Others Can Drive off-Site eGrocery With Shoppable Content
By partnering with major grocers such as Albertsons, contextual commerce platform Chicory is expanding eGrocery audiences, enabling retailers to reach new customers across more parts of their web brow...
Albertsons Companies Foundation Raises Nearly $6 Million Through Customer Donations to Connect Neighbors in Need with Federal Nutrition Programs
BOISE, Idaho--(BUSINESS WIRE)--In September, Albertsons Cos. and the Albertsons Companies Foundation raised nearly $6 million through donations to support community organizations.
REPEAT -- Blender Bites to Launch Nationally at Albertsons Companies' Banner Stores
Distribution Across the USA into Multiple Banners Including Safeway and Jewel-Osco Distribution Across the USA into Multiple Banners Including Safeway and Jewel-Osco
Blender Bites to Launch Nationally at Albertsons Companies' Banner Stores
Distribution Across the USA into Multiple Banners Including Safeway and Jewel-Osco Distribution Across the USA into Multiple Banners Including Safeway and Jewel-Osco
Going Tough But Albertsons Moves Kroger Deal Ahead With Store Sale
Ahead of its long-proposed merger with Kroger, grocery chain Albertsons outperformed expectations today but was still buffeted by consumer headwinds.
Daily Dividend Report: Whirlpool, Bank Of NY Mellon, Albertsons, Sherwin-Williams, Ford
Daily Dividend Report: Whirlpool, Bank Of NY Mellon, Albertsons, Sherwin-Williams, Ford
Albertsons Sees Government Benefit Cuts Impact Grocery Spending
Albertsons is seeing consumers' financial pressures, compounded by the reduction of government benefits, take a toll on their grocery budgets. The grocery giant, which has more than 2,200 locations, s...
Albertsons beats profit estimates for its fiscal second quarter, sees pressure on consumer
Albertsons Cos. Inc. ACI, +0.45% said Tuesday it had net income of $266.9 million, or 46 cents a share, for its fiscal second quarter to Sept.
Albertsons Companies, Inc. Reports Second Quarter Fiscal 2023 Results
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the second quarter of fiscal 2023, which ended September 9, 2023.
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 third quarter of $0.12 per share of common stock.
California preparing lawsuit to block Kroger's Albertsons acquisition
California is preparing to block Kroger Co.'s KR, +0.16% acquisition of Albertsons Cos. ACI, +0.04% with an upcoming lawsuit, according to remarks from the state's attorney general Thursday.
Albertsons Companies to Release Second Quarter Fiscal 2023 Earnings on October 17, 2023
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. will release its financial results before the market opens on October 17, 2023.
Albertsons Companies Pharmacies Announces New Vaccine Services to Protect Local Communities Against the Upcoming Respiratory Virus Season
BOISE, Idaho--(BUSINESS WIRE)--As cases of influenza and respiratory illness are expected to rise across the country, more than 1,700 Albertsons Companies [NYSE: ACI] pharmacy locations across Alberts...