ROSEVILLE, Calif.--(BUSINESS WIRE)--UFCW 8-Golden State, along with UFCW Locals 5 and 648, is proud to announce a tentative agreement with Albertsons Companies, parent company of Safeway and Vons grocery stores. The new deal delivers economic security, health care and pension improvements for 25,000 Albertsons, Safeway and Vons members. “This agreement is the result of our members standing stro...
Albertsons Companies saw growing engagement with its digital platforms during the last quarter. The food and drug retailer's digital sales increased 25% during the quarter ended June 14, outpacing its 2.8% increase in identical sales, Albertsons said in a Tuesday (June 15) earnings release.
Albertsons delivered strong revenue and digital growth, beating expectations on sales and adjusted EPS, yet the stock remains undervalued after a market overreaction. Management raised identical sales guidance, continues aggressive share buybacks, and is executing a $1.5 billion cost reduction plan, supporting long-term upside. Albertsons trades at a significant discount to peers on earnings an...
Albertsons Companies (ACI -5.02%) reported first quarter 2025 results on July 15, 2025, with same-store sales growth of 2.8%, adjusted EBITDA of $1.11 billion, and adjusted EPS of $0.55, but lower year-over-year profitability. Management raised its FY2025 same-store sales growth outlook to 2%–2.75%, driven by outsized pharmacy and digital gains, while reiterating its unchanged adjusted EBITDA a...
Albertsons Companies, Inc. (NYSE:ACI ) Q1 2025 Earnings Conference Call July 15, 2025 8:30 AM ET Company Participants Cody Perdue - Corporate Participant Sharon L. McCollam - President & CFO Susan D.
Albertsons shares falls as the gross margin rate drops to the lowest rate in five years, as the company tried to keep prices down despite rising costs.
Albertsons raised its annual sales forecast after beating quarterly sales estimates on Tuesday, betting on steady demand for essentials at grocery stores and pharmacies as higher economic uncertainty squeezes household budgets.
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