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Albertsons Companies, Inc. (NYSE: ACI) is one of the leading food and drug retailers in the United States. Established in 1939 by Joe Albertson in Boise, Idaho, the company has grown to operate over 2,300 stores across 34 states and the District of Columbia under various well-known banners, including Albertsons, Safeway, Vons, and Jewel-Osco, among others.
Albertsons Companies is dedicated to making a meaningful difference in the communities it serves. In 2023, the company, along with the Albertsons Companies Foundation, contributed more than $350 million in food and financial support. A significant portion of this goes to their Nourishing Neighbors Program, which helps ensure that those impacted by disasters have enough to eat.
Financially, Albertsons has shown steady growth. In fiscal 2023, the company reported net sales and other revenue of $79.2 billion, a 2.0% increase from the previous year. Notably, their digital sales grew by 22%, reflecting the company's successful omnichannel strategy. The company’s commitment to enhancing its digital and in-store customer experience, as well as its supply chain operations, is evident in its
Albertsons Companies, Inc. (NYSE: ACI) has declared a cash dividend of $0.12 per share for Q4 2021, payable on February 10, 2022, to shareholders on record as of January 26, 2022. This decision underscores the Company's commitment to delivering value through a robust capital allocation strategy, focusing on sustainable free cash flow and a strong balance sheet. Albertsons operates over 20 store banners across 34 states and the District of Columbia, emphasizing its significant retail presence.
Albertsons Companies (NYSE: ACI) announced the winners of its inaugural FRESH PICKS Exclusive Product Awards, highlighting popular Own Brands products based on customer votes. The winning product is the Signature SELECT Ice Cream paired with Fresh Baked Signature SELECT Cookies. Additional winners include the Signature RESERVE Cabernet Sauvignon and Signature SELECT Mac & Cheese. To celebrate, Albertsons stores will offer exclusive deals and recipe content throughout January, aiming to inspire customers as more meals are enjoyed at home.
Albertsons Companies, Inc. (NYSE: ACI) plans to release its third-quarter financial results for fiscal 2021, ending December 4, 2021, on January 11, 2022, before market opening. Following the results, ACI will conduct a conference call at 8:30 a.m. Eastern Time, featuring a discussion and a Q&A session. Interested parties can access the call via the company's investor relations page. A replay will be available for two weeks post-call.
Albertsons Companies (NYSE: ACI) has launched two new digital offerings: Meal Planning and Schedule & Save. These features aim to enhance customer convenience by allowing loyalty members to quickly plan meals and auto-replenish essential items. The Meal Plans feature integrates with the Mealime app, offering personalized meal suggestions and shoppable recipes. The Schedule & Save feature automates replenishment of frequently purchased items, available at discounted prices. Initially available in northern California, further expansion is planned for 2022.
Albertsons Companies (NYSE: ACI) has launched the Albertsons Media Collective, a retail media network aimed at enhancing brand engagement with its shoppers. This initiative, led by Kristi Argyilan, SVP of Retail Media, focuses on providing a digital marketing platform for brands and utilizes Albertsons’ consumer data to create tailored advertising experiences. Starting February 27, 2022, partners can leverage valuable ad placements across Albertsons’ online properties, reaching over 100 million shoppers nationwide.
Kimco Realty Corp. (NYSE: KIM) reported strong Q3 2021 results, achieving a net income of $501.4 million ($0.91 per diluted share), a significant turnaround from a net loss of $44.7 million in Q3 2020. The company completed its merger with Weingarten Realty on August 3, 2021, which bolstered its grocery-anchored portfolio. FFO was $173.7 million ($0.32 per diluted share), including merger-related charges of $47 million. Kimco raised its 2021 guidance for net income to $1.70-$1.72 and NAREIT FFO to $1.36-$1.37.
Albertsons Cos (NYSE: ACI) is partnering with the CDC to provide COVID-19 vaccinations for children aged 5 to 11 through school clinics. Following the FDA's Emergency Use Authorization for the Pfizer-BioNTech vaccine, Albertsons will mobilize its 1,730 pharmacies to support vaccination efforts in school districts nationwide. With over 8.2 million vaccines already administered, the company emphasizes the importance of pediatric vaccinations in trusted environments. Vaccine appointments will be available soon at select locations.
Albertsons Companies (NYSE: ACI) reported strong second-quarter results for fiscal 2021. Identical sales increased 1.5%, with a remarkable two-year stacked growth of 15.3%. Digital sales rose 5%, a staggering 248% over two years. The company achieved net income of $295 million, or $0.52 per Class A share, up from $284 million the previous year. Adjusted EBITDA reached $965 million. Albertsons announced a 20% increase in its quarterly dividend to $0.12 per share and raised its fiscal 2021 guidance, projecting adjusted net income per share of $2.50 to $2.60.
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