Albertsons Companies, Inc. Class A Common Stock (ACI)
19.98
-0.71 (-3.46%)
Albertsons Companies Inc is a leading grocery retailer in the United States, operating a diverse range of food and drug stores under various well-known brands
The company focuses on providing customers with a wide selection of fresh produce, meats, and bakery items, alongside a comprehensive assortment of household essentials and health products. With a strong emphasis on enhancing the shopping experience, Albertsons also invests in technology and customer service to streamline operations and engage consumers through loyalty programs and digital platforms. Additionally, the company is committed to sustainability and community engagement, aiming to build lasting relationships with its customers and stakeholders.
Morris will replace Vivek Sankaran, who has led the company for nearly six years and played a key role in its attempted merger with Kroger, which the Federal Trade Commission ultimately blocked.
Albertsons Companies announces CEO Vivek Sankaran's retirement on May 1, 2025, with Susan Morris set to succeed him. Morris, with nearly 40 years in the grocery retail sector, will also join the Board of Directors.
Albertsons Companies, Inc. (NYSEACI) (the “Company”) today announced a CEO succession plan under which Susan Morris, Executive Vice President and Chief Operations Officer, will assume the role of CEO following the planned retirement of Vivek Sankaran, effective May 1, 2025. During the transition period, Morris will work closely with Sankaran to continue execution of the Company’s Customers for Life strategy. On the effective date, Morris will join the Albertsons Cos. Board of Directors, replacing Sankaran.
Albertsons Companies, Inc. (NYSEACI) (the "Company") today announced that effective Feb. 21, 2025, the Board of Directors (the “Board”) has accepted the resignation of Steve Feinberg as a Member of the Board in connection with Mr. Feinberg’s nomination for U.S. Deputy Secretary of Defense.
Albertsons Companies, Inc. (NYSEACI) (the “Company”) today announced the pricing of its private offering of $600 million aggregate principal amount of its 6.250% senior notes due 2033 (the “Notes”). The Company and its subsidiaries, Safeway Inc., New Albertsons L.P., Albertson’s LLC and Albertsons Safeway LLC, will be co-issuers of the Notes. The offering is expected to close on or about March 11, 2025, subject to customary closing conditions.
Albertsons Companies, Inc. (NYSEACI) (the “Company”) today announced its intention to offer $600 million in aggregate principal amount of new senior notes due 2033 (the “Notes”). The Company and its subsidiaries, Safeway Inc., New Albertsons L.P., Albertson's LLC and Albertsons Safeway LLC, will be co-issuers of the Notes.
Kroger (KR) is a leading retail grocery company. The company is leveraging AI-driven tracking to optimize sales and shipments, with further plans to enhance sales forecasting and inventory control.
Egg prices in the U.S. have risen 60% over the past year, due in large part to the bird flu ravaging commercial flocks. Here's a look at why experts see the prices continuing to climb.
Albertsons Companies reported a 1.2% increase in sales for Q3, totaling $18.774 billion, slightly missing estimates. Identical sales grew 2%, with pharmacy sales driving growth. Despite an 8% drop in operating income, adjusted EPS of $0.71 beat expectations.
Albertsons Companies, Inc. (NYSEACI) (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.
Albertsons Media Collective, the retail media arm for Albertsons Companies, Inc. (NYSEACI), 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.
Albertsons Companies (NYSEACI) 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.
Kroger investors can look forward to robust capital returns in 2025, which will include dividends, distribution increases, buybacks, and debt reduction.
