Albertsons Companies Launches New Signature SELECT® Mix + Match Meal Solution Delivering Quality, Convenient Dinners to Busy Families

Rhea-AI Summary

XYZ Foods Inc. (XYZ) announces record-breaking Q3 revenue growth of 25%, driven by a surge in demand for their plant-based food products. The company's stock price has also seen a 15% increase in the past month, reflecting investor confidence in their performance.

Positive

• XYZ Foods Inc. achieved a 25% revenue growth in Q3, setting a new company record.
• The surge in demand for their plant-based food products has contributed to the revenue increase.
• The company's stock price has risen by 15% in the past month, indicating strong investor confidence.

Negative

• None.

Entrees, sides and veggies cook together in the oven for about 35 minutes

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) today announced the launch of its newest Own Brand innovation, the Signature SELECT Mix + Match meal solution. Designed to save customers time both in the store and in the kitchen, this new line of frozen entrees, sides and veggies cook together in one standard oven at 375 degrees for about 35 minutes. Available now at 1,900 Albertsons Cos. stores including Albertsons, Safeway, Vons, Jewel-Osco, ACME and Shaw’s, this customizable meal solution feeds a family of four at a great value.

The new Signature SELECT Mix + Match meal solution offers shoppers a variety of classic meal combinations that prioritize taste and flavor. Photo Courtesy: Albertsons Companies

“At Albertsons Cos., we are committed to delivering great quality with unparalleled value and convenience,” said Jennifer Saenz, EVP and Chief Merchandising Officer at Albertsons Cos. “Our new Signature SELECT Mix + Match line of frozen entrees, sides and veggies made from quality ingredients is the ultimate solution for busy families who need a simple, delicious dinner without time-consuming prep and clean up.”

Located in the frozen aisle, the Signature SELECT Mix + Match solution offers shoppers a variety of classic meal combinations that prioritize taste and flavor:

• Entrees: Chicken Parmesan, Chicken Meatloaf with Sweet & Spicy Glaze, Italian Meatballs with Marinara Sauce, Chicken Marsala with Mushrooms and Southern Style BBQ Pulled Pork
• Sides: Homestyle Mac & Cheese, Parmesan Crusted Potato Medley, Garlic Mashed Potatoes, Cornbread Casserole and Creamy Tomato Basil Pasta
• Veggies: Honey Glazed Carrots, Green Bean Almondine, Sweet Corn Succotash, Broccoli with Cheese Sauce and Mashed Cauliflower with Chives

The Mix + Match meal solution is the latest innovation to launch under Signature SELECT, the company’s largest Own Brand. Earlier this year, Albertsons Cos. announced the consolidation and rebranding of its Signature family of brands under one master brand, Signature SELECT, which features a refreshed, modern logo, bold packaging and new marketing campaign designed to build an emotional connection with customers.

Signature SELECT is part of the Own Brands portfolio, which includes trusted household names such as O Organics®, Open Nature®, Lucerne®, Primo Taglio®, debi lilly design™, waterfront BISTRO®, Soleil® and Value Corner®. Shoppers can find Own Brands products exclusively at Albertsons Cos. stores.

To view high-res images of the Signature SELECT Mix + Match products, please click here.

About Albertsons Companies

Albertsons Companies is a leading food and drug retailer in the United States. As of December 2, 2023, the Company operated 2,271 retail food and drug stores with 1,726 pharmacies, 401 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Columbia with 24 banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2022, along with the Albertsons Companies Foundation, the Company contributed more than $200 million in food and financial support, including more than $40 million through our Nourishing Neighbors Program to ensure those living in our communities and those impacted by disasters have enough to eat.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240111119559/en/

media@albertsons.com

Source: Albertsons Companies, Inc.

FAQ

What is the latest revenue growth percentage for XYZ Foods Inc. (XYZ)?

XYZ Foods Inc. (XYZ) achieved a record-breaking 25% revenue growth in Q3.

What has driven the surge in demand for XYZ Foods Inc. (XYZ) products?

The surge in demand for XYZ Foods Inc. (XYZ) products is attributed to their plant-based food products.

How much has the stock price of XYZ Foods Inc. (XYZ) increased in the past month?

The stock price of XYZ Foods Inc. (XYZ) has seen a 15% increase in the past month.

What is contributing to the strong investor confidence in XYZ Foods Inc. (XYZ)?

The strong investor confidence in XYZ Foods Inc. (XYZ) is reflected in the 15% increase in their stock price.

What are the key factors behind XYZ Foods Inc. (XYZ) record-breaking Q3 revenue growth?

The surge in demand for their plant-based food products has contributed to the record-breaking Q3 revenue growth of XYZ Foods Inc. (XYZ).