Evercore on Albertsons (ACI): 'Cultivating Customers; Cost/Macro Headwinds Remain'
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Kroger, Albertsons Companies and C&S Wholesale Grocers, LLC Announce an Updated and Expanded Divestiture Plan
April 22, 2024 8:30 AM EDTAmended Divestiture Plan Adds Stores, Facilities and Banner Names toÂ
Enhance Competition in Overlap Geographies and to Address Regulator Concerns
CINCINNATI, April 22, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) announced today that they have amended their... More
Albertsons Companies, Inc. Reports Fourth Quarter and Full Year Results
April 22, 2024 8:30 AM EDTBOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the fourth quarter of fiscal 2023 and full year fiscal 2023, which ended February 24, 2024.
Fourth Quarter of Fiscal 2023 Highlights
Identical sales increased 1.0% Digital sales increased 24% Loyalty members increased 16% to 39.8 million Net income of $251 million, or $0.43 per share Adjusted net income of $318 million, or $0.54 per share Adjusted EBITDA of $916 millionFiscal 2023 Highlights
Identical sales increased 3.0% Digital... More