Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
10/17/2022 | Buy → Neutral | Guggenheim | |
1/12/2022 | $33.00 → $31.00 | Neutral | UBS |
1/12/2022 | $24.00 → $26.00 | Underweight | Morgan Stanley |
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4/A - 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)
CINCINNATI, Oct. 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 (collective
CINCINNATI, Sept. 26, 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 (collecti
New Private Label Features Flat-Pack 100% Recycled PET Bottles, First to Market in the US Albertsons Companies, Inc. (NYSE:ACI) today announced the launch of Bee Lightly, the newest addition to the company's Own Brands wine portfolio, distinguished by its unique flat bottle design crafted from 100% recycled polyethylene terephthalate (PET). This innovative approach to wine packaging marks a first in the U.S. market, underscoring a commitment to recycled packaging solutions without compromising on the quality and flavor of wine that customers expect. With 91-point ratings from The Tasting Panel*, both the 2022 Bee Lightly Chardonnay and the 2023 Bee Lightly Rosé were developed with shoppers
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
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
Albertsons Companies, Inc. (NYSE:ACI) (the "Company") today announced its Board of Directors has declared a cash dividend for the second quarter of fiscal 2024 of $0.12 per share of common stock. The cash dividend is payable on August 9, 2024, to stockholders of record as of the close of business on July 26, 2024. About Albertsons Companies Albertsons Companies is a leading food and drug retailer in the United States. As of February 24, 2024, the Company operated 2,269 retail stores with 1,725 pharmacies, 402 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Columbia under more tha
- Bloomberg
Telsey Advisory Group analyst Joe Feldman maintains Albertsons Companies (NYSE:ACI) with a Market Perform and maintains $27.25 price target.
Albertsons Companies Inc (NYSE:ACI) reported first-quarter FY24 sales growth of 0.9% year-on-year to $24.27 billion, beating the analyst consensus estimate of $24.14 billion. The increase was driven by a 1.4% increase in identical sales, with strong growth in pharmacy sales driving the identical sales increase. Digital sales increased 23%. Gross margin rate expanded 10 basis points to 27.8%. The operating margin was 1.9%, and operating income for the quarter declined 26.1% to $459.6 million. The company held $291.1 million in cash and equivalents as of June 15. Operating cash flow totaled $960.9 million. Adjusted EBITDA of $1.183 billion decreased 10.2% Y/Y. Adjusted EPS of $0.66
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
8-K - Albertsons Companies, Inc. (0001646972) (Filer)
10-Q - Albertsons Companies, Inc. (0001646972) (Filer)
8-K - Albertsons Companies, Inc. (0001646972) (Filer)