Albertsons Companies to Release Second Quarter Fiscal 2024 Earnings on October 15, 2024

Rhea-AI Summary

Albertsons Companies (NYSE: ACI) has announced that it will release its financial results for the second quarter of fiscal year 2024 on October 15, 2024, before the market opens. The quarter ended on September 7, 2024. However, due to the company's entry into an Agreement and Plan of Merger with The Kroger Co., Albertsons will not be hosting a conference call or providing financial guidance alongside its Q2 FY2024 results. This decision reflects the ongoing merger process and its potential impact on the company's future operations and financial outlook.

Positive

• Timely release of quarterly financial results

Negative

• No conference call or financial guidance provided
• Ongoing merger process may create uncertainty for investors

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) will release its financial results for the second quarter of fiscal year 2024, which ended September 7, 2024, before the market opens on October 15, 2024.

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 second quarter of fiscal year 2024 results.

About Albertsons Companies

Albertsons Companies is a leading food and drug retailer in the United States. As of June 15, 2024, the Company operated 2,269 retail food and drug stores with 1,725 pharmacies, 403 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Columbia under more than 20 well known 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 2023, along with the Albertsons Companies Foundation, the Company contributed more than $350 million in food and financial support, including more than $35 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/20241008041457/en/

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

For Media Relations, contact media@albertsons.com

Source: Albertsons Companies, Inc.

FAQ

When will Albertsons Companies (ACI) release its Q2 FY2024 earnings?

Albertsons Companies (ACI) will release its Q2 FY2024 earnings on October 15, 2024, before the market opens.

Why isn't Albertsons (ACI) hosting a conference call for Q2 FY2024 results?

Albertsons (ACI) is not hosting a conference call due to its entry into an Agreement and Plan of Merger with The Kroger Co.

What is the end date of Albertsons' (ACI) second quarter for fiscal year 2024?

Albertsons' (ACI) second quarter for fiscal year 2024 ended on September 7, 2024.

Will Albertsons (ACI) provide financial guidance for Q2 FY2024?

No, Albertsons (ACI) will not be providing financial guidance in conjunction with its Q2 FY2024 results due to the ongoing merger process with Kroger.