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Albertsons Companies (NYSE: ACI) will announce its financial results for Q4 and fiscal year 2022 on April 11, 2023. This period ended February 25, 2023.
Due to its merger agreement with Kroger Co., Albertsons will not hold a conference call or provide financial guidance for this quarter's results.
As of December 3, 2022, the company operates 2,270 stores across 34 states and the District of Columbia, offering a wide range of products through 24 different banners.
Positive
Merger agreement with Kroger may present strategic growth opportunities.
Operates 2,270 stores with significant reach in the U.S. market.
Negative
No financial guidance provided may lead to investor uncertainty.
Absence of a conference call limits direct communication on financial results.
BOISE, Idaho--(BUSINESS WIRE)--
Albertsons Companies, Inc. (NYSE: ACI) will release its financial results for the fourth quarter and fiscal year 2022, which ended February 25, 2023, before the market opens on April 11, 2023.
In light of the Company’s entry into an Agreement and Plan of Merger with The Kroger Co., Albertsons Companies will not be hosting a conference call or providing financial guidance in conjunction with its fourth quarter and fiscal year 2022 results.
About Albertsons Companies
Albertsons Companies is a leading food and drug retailer in the United States. As of December 3, 2022, the Company operated 2,270 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.
