We are a stronger company today than pre-merger,” Chief Financial Officer Shannon McCollam said on a call with analysts.
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.
Albertsons Companies reported a 1.2% increase in sales for Q3, totaling $18.774 billion, slightly missing estimates.
The Boise, Idaho, grocery chain reported net income of $400.6 million, or 69 cents a share, for the third quarter, up from $361.4 million, or 62 cents a share, a year earlier. Stripping out certain ...
Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new ...
Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than ...
BofA raised the firm’s price target on Albertsons (ACI) to $24 from $22 and keeps a Neutral rating on the shares. The firm noted that Q3 ...
Albertsons executives laid out plans to cut about $1.5 billion in costs over the next three years, speaking on the grocery store operator's first earnings call in more than two years. Last month a [fe ...
Food and drug retailer Albertsons Companies, Inc. (ACI), while reporting higher third-quarter results, on Wednesday lifted its ...
Albertsons Companies' (ACI) fiscal third-quarter earnings came in ahead of Wall Street estimates but revenue missed expectations while the grocery chain raised its full-year bottom-line outlook ...
Shares of Albertsons were trading higher after the grocery-store chain increased its forecast of earnings for the fiscal year ...
but the above data helps show that Albertsons Companies is likely undervalued currently. And when considering the strength of its earnings outlook, ACI sticks out at as one of the market's ...