Albertsons Companies to Announce Second Quarter Fiscal 2022 Earnings on October 18, 2022

Rhea-AI Summary

Albertsons Companies, Inc. (NYSE: ACI) will release its Q2 fiscal 2022 financial results on October 18, 2022, prior to market opening. The fiscal quarter ended on September 10, 2022. Due to its merger agreement with Kroger, Albertsons will not hold a conference call or provide financial guidance alongside these results. Albertsons operates 2,273 retail stores and supports local communities through initiatives like the Nourishing Neighbors Program, contributing nearly $200 million in food and financial assistance in 2021.

Positive

• Albertsons operates 2,273 retail stores across the U.S.
• The company contributed nearly $200 million in food and financial support in 2021.

Negative

• Albertsons will not provide financial guidance for Q2 2022 results.
• No conference call scheduled due to merger agreement with Kroger.

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) will release its financial results for the second quarter of fiscal 2022, which ended Sept. 10, 2022, before the market opens on Tuesday, Oct. 18, 2022.

In light of the Company’s entry into an Agreement and Plan of Merger with The Kroger Co., Albertsons Companies will not be hosting the previously scheduled conference call or providing financial guidance in conjunction with its second quarter 2022 results.

About Albertsons Companies

Albertsons Companies is a leading food and drug retailer in the United States. As of June 18, 2022, the Company operated 2,273 retail food and drug stores with 1,720 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 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 2021, along with the Albertsons Companies Foundation, the Company contributed nearly $200 million in food and financial support, including approximately $40 million through our Nourishing Neighbors Program to ensure those living in our communities have enough to eat.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221017005623/en/

For Investor Relations, contact investor-relations@albertsons.com

For Media Relations, contact media@albertsons.com

Source: Albertsons Companies, Inc.

FAQ

When will Albertsons release its Q2 fiscal 2022 financial results?

Albertsons will release its Q2 fiscal 2022 financial results on October 18, 2022.

What is the significance of Albertsons' merger with Kroger?

Albertsons entered into a merger agreement with Kroger, affecting their financial guidance and conference call schedule.

How many retail stores does Albertsons operate?

Albertsons operates 2,273 retail food and drug stores in the United States.

What was Albertsons' financial contribution to communities in 2021?

In 2021, Albertsons contributed nearly $200 million in food and financial support.