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Albertsons Companies Inc - ACI STOCK NEWS

Welcome to our dedicated page for Albertsons Companies news (Ticker: ACI), a resource for investors and traders seeking the latest updates and insights on Albertsons Companies stock.

Albertsons Companies Inc (ACI) operates one of America's largest food and drug retail networks, serving communities through banners like Albertsons, Safeway, and Vons. This page aggregates official press releases and verified news about the company’s operational developments, financial performance, and strategic initiatives.

Investors and stakeholders will find timely updates on earnings reports, merger activity, leadership changes, and store expansions. Our curated collection simplifies tracking ACI’s market position in the competitive grocery sector while highlighting its private label innovations and community programs.

Key updates include quarterly financial disclosures, partnership announcements, sustainability efforts, and pharmacy network developments. All content is sourced directly from company filings and reputable financial publications to ensure reliability.

Bookmark this page for streamlined access to ACI’s latest corporate communications. Check back regularly for objective updates about this essential player in the evolving retail landscape.

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Albertsons Companies Foundation had an incredible 2023, helping over 750 organizations and enabling 142 million meals to those in need. Susan Morris, EVP, Chief Operations Officer, played a crucial role in leading the Foundation through the pandemic, inspiring belonging and a commitment to neighbors and associates. Under her guidance, over $300 million in funding was mobilized to support programs, and $5 million was ushered to associates in times of financial hardship or natural disaster.
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Kroger, Albertsons, and C&S Wholesale Grocers provide an update on their proposed merger and divestiture plan, extending the anticipated closure timeline to the first half of Kroger's fiscal 2024. The merger aims to lower prices, invest in customer experience, and provide more fresh, affordable food to communities. The companies are committed to protecting union jobs, raising wages, and investing in employee benefits. The merger also promises to create more opportunities to invest in communities and donate 10 billion meals to families across the country by 2030.
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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.
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Criteo (CRTO) partners with Albertsons Media Collective (ACI) to enhance retail media network, offering CPG brand partners access to premium inventory and flexible integrations with demand and supply-side offerings.
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Albertsons Companies, Inc. (NYSE: ACI) reported Q3 fiscal 2023 results, with a 2.9% increase in identical sales, 21% growth in digital sales, and 17% increase in loyalty members. Net income was $361 million, or $0.62 per share, and adjusted net income was $462 million, or $0.79 per share. Adjusted EBITDA was $1,107 million. The company also announced a Merger Agreement with The Kroger Company for a total consideration of $34.10 per share.
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Albertsons Companies, Inc. (NYSE: ACI) declares a cash dividend of $0.12 per share of common stock for the fourth quarter of fiscal 2023, payable on February 9, 2024, to stockholders of record as of January 26, 2024.
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Albertsons Companies (ACI) launches its 2nd Annual Innovation Launchpad competition, seeking emerging food, beverage, and pet product brands with $2-8 million in net retail sales. 50 applicants will present at Natural Products Expo West, with the top 3 winners receiving prizes valued at over $300,000. Last year's competition saw 900 applicants, with winners including Like Air Baked Puffcorn, Evive Smoothie Cubes, and Dream Pops Plant-Based Ice Cream.
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Albertsons Companies (ACI) Supports Wreaths Across America with Shaw's and Star Market Veterans Associate Resource Group
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Albertsons Companies, Inc. (NYSE: ACI) will release its financial results for the third quarter of fiscal year 2023, which ended December 2, 2023, before the market opens on January 9, 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 third quarter of fiscal year 2023 results.
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Albertsons Companies, Inc. (NYSE: ACI) announced the appointment of Sarah Mensah and Lisa Gray to the Company’s Board of Directors, expanding it to 11 members. Sarah Mensah, President of the Jordan Brand for NIKE Inc., is known for her leadership roles at Nike and the Portland Trail Blazers. Lisa Gray, Vice Chair and Senior Legal Officer for Cerberus Operations & Advisory Company, LLC, brings over 35 years of experience in mergers and acquisitions, corporate governance, and debt restructurings.
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Albertsons Companies Inc

NYSE:ACI

ACI Rankings

ACI Stock Data

12.50B
413.31M
14.94%
73.63%
1.59%
Grocery Stores
Retail-grocery Stores
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United States
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