Albertsons Companies Inc Stock News

Albertsons Companies, Inc. has navigated inflation, recession, and tariffs, demonstrating resilience in a challenging sector. Despite economic headwinds, Albertsons continues to prosper and maintain its market position. The company's ability to stay the course highlights strong ACI management and operational efficiency.

BENGALURU, India--(BUSINESS WIRE)--Albertsons Companies has appointed Sunil Gopinath as CEO of its new global technology and innovation center in Bengaluru, India.

BOISE, Idaho--(BUSINESS WIRE)--Albertsons Cos. pharmacies are making it easier and more rewarding for customers to help protect their health this respiratory virus season.

Albertsons stock gains, as J.P. Morgan listed it as a top pick among good retailers, due to persistent food inflation and because it no longer has the pending Kroger merger as a distraction.

Grant will enable the food bank to expand holistic services through partner agencies across the 12-county service area Grant will enable the food bank to expand holistic services through partner agencies across the 12-county service area

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...