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. As of February 27, 2021, it operated 2,277 stores under various banners, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and Balducci's Food Lovers Market; and 1,727 pharmacies, 1,313 in-store branded coffee shops, 400 adjacent fuel centers, 22 distribution centers, and 20 manufacturing facilities, as well as various digital platforms. The company was founded in 1860 and is headquartered in Boise, Idaho. Albertsons Companies, Inc. is a subsidiary of Albertsons Investor Holdings LLC.
IPO Year: 2020
Exchange: NYSE
Website: albertsonscompanies.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/24/2025 | $26.00 | Buy | Citigroup |
| 12/17/2024 | $21.00 → $26.00 | Market Perform → Outperform | Telsey Advisory Group |
| 12/13/2024 | $22.00 | Neutral | BofA Securities |
| 10/21/2024 | $24.00 | Hold → Buy | Melius |
| 10/18/2024 | $22.00 → $23.00 | Equal Weight → Overweight | Wells Fargo |
| 4/23/2024 | $24.00 | Neutral → Buy | ROTH MKM |
| 4/26/2023 | $32.00 → $27.00 | Neutral → Buy | Tigress Financial |
| 12/6/2022 | $26.00 | Outperform | Bernstein |
| 10/20/2022 | Buy → Hold | Deutsche Bank | |
| 10/20/2022 | $26.00 → $30.00 | Underweight → Equal-Weight | Morgan Stanley |
Customers, associates and partners are invited to donate time and skills to collectively reach one million volunteer hours Albertsons Companies, Inc. (NYSE:ACI), in collaboration with the Albertsons Companies Foundation, today announced the Million Hour Volunteer Rally to help neighbors in need. Customers, associates and partners are invited to join the company's Nourishing Neighbors charitable program on the mission to end hunger by collectively contributing one million volunteer hours to various nonprofit organizations across the country. Now through Oct. 31, customers who volunteer and record their hours during this campaign will have the opportunity to win a grand prize of free groceri
10-Q - Albertsons Companies, Inc. (0001646972) (Filer)
8-K - Albertsons Companies, Inc. (0001646972) (Filer)
8-K - Albertsons Companies, Inc. (0001646972) (Filer)
8-K - Albertsons Companies, Inc. (0001646972) (Filer)
10-Q - Albertsons Companies, Inc. (0001646972) (Filer)
8-K - Albertsons Companies, Inc. (0001646972) (Filer)
8-K - Albertsons Companies, Inc. (0001646972) (Filer)
10-Q - Albertsons Companies, Inc. (0001646972) (Filer)
8-K - Albertsons Companies, Inc. (0001646972) (Filer)
ARS - Albertsons Companies, Inc. (0001646972) (Filer)
JERICHO, N.Y., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE:KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, announced today the 2024 tax treatment of its common stock and preferred stock dividend distributions. The allocations as they will be reported on Form 1099-DIV are as follows: Common Shares (CUSIP # 49446R-10-9) Ex- Ordinary IncomeCapital Gains DividendRecordPayableDistribution Non- UnrecapturedReturn ofSec 199ADateDateDateper ShareTotalQualifiedQualifiedTotalSec 1250CapitalDividends03/07/202403/07/202403/21/2024$0.240000$0.1
Albertsons Companies, Inc. (NYSE:ACI) (the "Company") today reported results for the third quarter of fiscal 2024, which ended November 30, 2024. Third Quarter of Fiscal 2024 Highlights Identical sales increased 2.0% Digital sales increased 23% Loyalty members increased 15% to 44.3 million Net income of $401 million, or $0.69 per share Adjusted net income of $420 million, or $0.71 per share Adjusted EBITDA of $1,065 million Increased quarterly common stock dividend by 25% to $0.15 per share "We delivered solid operating and financial performance in the third quarter of fiscal 2024 in an environment where the consumer remains cautious," said Vivek Sankaran, CEO. "In
Albertsons Companies, Inc. (NYSE:ACI) (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. About Albertsons Companies Albertsons Companies is a leading food and drug retailer in the United States. As of November 30, 2024, the Company operated 2,273 retail food and drug stores with 1,732 pharmacies, 405 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Colu
Albertsons Companies, Inc. (NYSE:ACI) 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: http://albertsonscompanies.com/investors A replay of the conference call will be available for approximately two weeks following completion of the call. About Albertsons Companies Albertsons Companies is a leading food and drug retailer in the United States. As of September 7, 2024, the Company operat
Increases Quarterly Cash Dividend by 25% Board Authorizes $2 Billion Share Repurchase Program Details Further Investments in Business, Associates and Communities Drives Continued Acceleration of Customers for Life Strategy Albertsons Companies, Inc. (NYSE:ACI) (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. Vivek Sankaran, CEO, commented: "Given the recent federal and state court decisions to block our proposed merger with Kroger, we have made the
Albertsons Companies, Inc. (NYSE:ACI) (the "Company") today reported results for the second quarter of fiscal 2024, which ended September 7, 2024. Second Quarter of Fiscal 2024 Highlights Identical sales increased 2.5% Digital sales increased 24% Loyalty members increased 15% to 43.0 million Net income of $146 million, or $0.25 per share Adjusted net income of $301 million, or $0.51 per share Adjusted EBITDA of $901 million "In the second quarter of fiscal 2024, investments in our Customers for Life strategy continued to drive strong growth in our digital sales and pharmacy operations," said Vivek Sankaran, CEO. "We also drove strong year-over-year growth in our loyalty membe
Albertsons Companies, Inc. (NYSE:ACI) (the "Company") today announced its Board of Directors has declared a cash dividend for the third quarter of fiscal 2024 of $0.12 per share of common stock. The cash dividend is payable on November 8, 2024, to stockholders of record as of the close of business on October 28, 2024. About Albertsons Companies Albertsons Companies is a leading food and drug retailer in the United States. As of September 7, 2024, the Company operated 2,267 retail food and drug stores with 1,726 pharmacies, 405 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Columbi
Albertsons Companies, Inc. (NYSE:ACI) will release its financial results for the second quarter of fiscal year 2024, which ended September 7, 2024, before the market opens on October 15, 2024. In light of the Company's entry into an Agreement and Plan of Merger with The Kroger Co., Albertsons Companies will not be hosting a conference call or providing financial guidance in conjunction with its second quarter of fiscal year 2024 results. About Albertsons Companies Albertsons Companies is a leading food and drug retailer in the United States. As of June 15, 2024, the Company operated 2,269 retail food and drug stores with 1,725 pharmacies, 403 associated fuel centers, 22 dedicated distrib
CINCINNATI, Aug. 15, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) ("Kroger" or the "Company") announced today that it has commenced private exchange offers to certain eligible holders ("Eligible Holders") (each an "Exchange Offer" and, collectively, the "Exchange Offers") for any and all outstanding notes (the "ACI Notes") issued by Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P. ("NALP"), Safeway Inc. ("Safeway"), Albertson's LLC ("Albertsons"), Albertsons Safeway LLC ("ASL") and American Stores Company, LLC ("ASC," and together with ACI, NALP, Safeway, Albertsons and ASL, the "Albertsons Issuing Entities"), as applicable, for up to $7,441,608,000 aggregate principal am
Albertsons Companies, Inc. (NYSE:ACI) (the "Company") today reported results for the first quarter of fiscal 2024, which ended June 15, 2024. First Quarter of Fiscal 2024 Highlights Identical sales increased 1.4% Digital sales increased 23% Loyalty members increased 15% to 41.4 million Net income of $241 million, or $0.41 per share Adjusted net income of $392 million, or $0.66 per share Adjusted EBITDA of $1,184 million "In the first quarter of fiscal 2024, we continued to invest in our Customers for Life strategy and the digital and omnichannel capabilities necessary to support it," said Vivek Sankaran, CEO. "Our Customers for Life strategy is placing the customer at
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
SC 13G/A - Albertsons Companies, Inc. (0001646972) (Subject)
SC 13G - Albertsons Companies, Inc. (0001646972) (Subject)
SC 13G/A - Albertsons Companies, Inc. (0001646972) (Subject)
SC 13G/A - Albertsons Companies, Inc. (0001646972) (Subject)
SC 13G - Albertsons Companies, Inc. (0001646972) (Subject)
Citigroup resumed coverage of Albertsons with a rating of Buy and set a new price target of $26.00
Telsey Advisory Group upgraded Albertsons from Market Perform to Outperform and set a new price target of $26.00 from $21.00 previously
BofA Securities resumed coverage of Albertsons with a rating of Neutral and set a new price target of $22.00
Melius upgraded Albertsons from Hold to Buy and set a new price target of $24.00
Wells Fargo upgraded Albertsons from Equal Weight to Overweight and set a new price target of $23.00 from $22.00 previously
ROTH MKM upgraded Albertsons from Neutral to Buy and set a new price target of $24.00
Tigress Financial upgraded Albertsons from Neutral to Buy and set a new price target of $27.00 from $32.00 previously
Bernstein initiated coverage of Albertsons with a rating of Outperform and set a new price target of $26.00
Deutsche Bank downgraded Albertsons from Buy to Hold
Morgan Stanley upgraded Albertsons from Underweight to Equal-Weight and set a new price target of $30.00 from $26.00 previously
JERICHO, N.Y., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE:KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, announced today the 2024 tax treatment of its common stock and preferred stock dividend distributions. The allocations as they will be reported on Form 1099-DIV are as follows: Common Shares (CUSIP # 49446R-10-9) Ex- Ordinary IncomeCapital Gains DividendRecordPayableDistribution Non- UnrecapturedReturn ofSec 199ADateDateDateper ShareTotalQualifiedQualifiedTotalSec 1250CapitalDividends03/07/202403/07/202403/21/2024$0.240000$0.1
Albertsons Companies, Inc. (NYSE:ACI) (the "Company") today reported results for the third quarter of fiscal 2024, which ended November 30, 2024. Third Quarter of Fiscal 2024 Highlights Identical sales increased 2.0% Digital sales increased 23% Loyalty members increased 15% to 44.3 million Net income of $401 million, or $0.69 per share Adjusted net income of $420 million, or $0.71 per share Adjusted EBITDA of $1,065 million Increased quarterly common stock dividend by 25% to $0.15 per share "We delivered solid operating and financial performance in the third quarter of fiscal 2024 in an environment where the consumer remains cautious," said Vivek Sankaran, CEO. "In
Albertsons Companies, Inc. (NYSE:ACI) (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. About Albertsons Companies Albertsons Companies is a leading food and drug retailer in the United States. As of November 30, 2024, the Company operated 2,273 retail food and drug stores with 1,732 pharmacies, 405 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Colu
Albertsons Media Collective, the retail media arm for Albertsons Companies, Inc. (NYSE:ACI), 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. "While retail media has seen incredible opportunity in expanded offerings to off-site channels, this landscape can also come with complexities for advertisers in understanding their r
Grocer now accepting applications; top winners will receive prizes valued at more than $300,000 total Albertsons Companies (NYSE:ACI) 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. As part of the competition, 50 applicants will be chosen to present their brands to a panel of judges. The products should reflect areas such as functional beverage, hydration, s
Albertsons Companies, Inc. (NYSE:ACI) 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: http://albertsonscompanies.com/investors A replay of the conference call will be available for approximately two weeks following completion of the call. About Albertsons Companies Albertsons Companies is a leading food and drug retailer in the United States. As of September 7, 2024, the Company operat
Kroger refused to offer an adequate divesture package and repeatedly ignored regulators' concerns, causing the merger with Albertsons to be blocked Seeks billions of dollars in damages to account for harm to Albertsons' business, consumers, associates and shareholders Albertsons Companies, Inc. (NYSE:ACI) ("Albertsons") today filed a lawsuit against The Kroger Co. (NYSE:KR) ("Kroger") in the Delaware Court of Chancery, bringing claims for willful breach of contract and breach of the covenant of good faith and fair dealing arising from Kroger's failure to exercise "best efforts" and to take "any and all actions" to secure regulatory approval of the companies' agreed merger transaction, a
Increases Quarterly Cash Dividend by 25% Board Authorizes $2 Billion Share Repurchase Program Details Further Investments in Business, Associates and Communities Drives Continued Acceleration of Customers for Life Strategy Albertsons Companies, Inc. (NYSE:ACI) (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. Vivek Sankaran, CEO, commented: "Given the recent federal and state court decisions to block our proposed merger with Kroger, we have made the
CINCINNATI, Dec. 6, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P., Safeway Inc., Albertson's LLC, Albertsons Safeway LLC and American Stores Company, LLC, as applicable, for up to $7,441,608,000 aggregate principal amount of new notes to be issued by the Company (the "Kroger Notes") and cash. Additionally, Kroger announced today that it has extended the expiration date for the related solicitations of consents (collective
CINCINNATI, Dec. 2, 2024 /PRNewswire/ --The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P., Safeway Inc., Albertson's LLC, Albertsons Safeway LLC and American Stores Company, LLC, as applicable, for up to $7,441,608,000 aggregate principal amount of new notes to be issued by the Company (the "Kroger Notes") and cash. Additionally, Kroger announced today that it has extended the expiration date for the related solicitations of consents (collectivel