Albertsons (ACI) Q4 Earnings In Line, Sales Miss Estimates [Yahoo! Finance]
Albertsons Companies, Inc. Class A (ACI)
US:NYSE Investor Relations:
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Source: Yahoo! Finance
Additionally, on a year-over-year basis, the company's top line increased marginally but the bottom line declined. ACI's focus on operational excellence, digital expansion, pharmacy operations and customer relationships represent a comprehensive strategy for growth and competitiveness. However, results were partly hurt by the challenges in the industry. In the fiscal fourth quarter, ACI continued to prioritize its goal to create "Customers for Life." Investing in technology, enhancing digital platforms, improving in-store experiences and optimizing supply-chain operations are its strategies to reach the goal. Shares of this Zacks Rank #3 (Hold) company have decreased 2.8% in the past year compared with the industry's decline of 28%. Image Source: Zacks Investment Research Q3 Performance in Detail Albertsons, which entered into an “Agreement and Plan of Merger” with Kroger on Oct 13, 2022, posted adjusted quarterly earnings of 54 cents per share, in line with the Zacks Cons
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ACI
News
- Albertsons Companies' Seattle Division Works Toward Cleaner and More Efficient Distribution Center Operations [Yahoo! Finance]Yahoo! Finance
- Albertsons Companies Wins ‘People's Voice' Webby Award for Best Shopping and Retail App [Yahoo! Finance]Yahoo! Finance
- Albertsons Companies Wins ‘People’s Voice’ Webby Award for Best Shopping and Retail AppBusiness Wire
- Albertsons Reduces Food Waste by Thinking About What Happens at Home: 'That's Where the Power of the Opportunity Is' [Yahoo! Finance]Yahoo! Finance
- Albertsons Companies, Inc. (NYSE: ACI) was upgraded by analysts at Roth Capital from a "neutral" rating to a "buy" rating.MarketBeat
ACI
Earnings
- 4/22/24 - Beat
ACI
Sec Filings
- 5/3/24 - Form 4
- 5/1/24 - Form 4
- 5/1/24 - Form 144
- ACI's page on the SEC website