Albertsons Companies Inc Stock News

Tariffs and currency headwinds are impacting costs and currency, making US retail and service-related stocks a nice hedge. Key stocks to consider include home improvement, grocery, automotive retail, and waste management. Hedging against tariff uncertainty should become a theme in years to come.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #AlbertsonsStores--Positive Beverage's sugar-free, sucralose-free energy drinks are now in 280+ Albertsons and Vons stores across Southern California.

Albertsons Companies remains a strong buy despite the blocked Kroger merger, with shares rising 13.7% since the merger collapse. The company shows growth in revenue and profits, driven by its pharmacy business and identical sales increases, despite some financial underperformance. Shares are attractively priced both on an absolute basis and relative to peers, with potential upside from litigati...

Under CEO Vivek Sankaran, Albertsons has invested heavily in digital transformation, customer engagement, and operational efficiency. Even after the halt of the proposed merger with Kroger, the company remained committed to expanding its digital capabilities, improving customer experiences and positioning itself for long-term growth.

Albertsons Companies, Inc. (NYSE:ACI ) Q3 2024 Earnings Call Transcript January 8, 2025 8:30 AM ET Company Participants Melissa Plaisance - SVP, IR, Treasury, and Risk Management Vivek Sankaran - CEO Sharon McCollam - President and CFO Conference Call Participants Ken Goldman - JPMorgan John Heinbockel - Guggenheim Partners Edward Kelly - Wells Fargo Rupesh Parikh - Oppenheimer Simeon Gutman - ...

Shares of grocery retailer Albertsons (ACI) rose Wednesday morning after the company reported better third-quarter earnings than analysts had expected, while sales fell just short of estimates.

Albertsons Cos. Inc.'s stock rose 3.6% early Wednesday, after the grocery chain beat profit estimates for its fiscal third quarter, offsetting a small revenue miss.

Albertsons missed third-quarter sales expectations on Wednesday, as intense competition from bigger retailers such as Walmart and Kroger offering heavy discounts and promotions hurt demand.