Albertsons Companies, Inc.

ACI
NYSE
Last Updated: 12/5/2022 9:04:19 PM
Price
20.96
Changes
-0.02
% Change
-0.10
Volume
2022023
52 Week
High
37.99
52 Week
Low
20.05
About Albertsons Companies, Inc.
Albertsons Companies, Inc., through its subsidiaries, engages in the operation of food and drug stores in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores. As of February 26, 2022, it operated 2,276 stores under various banners, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and Balducci's Food Lovers Market; and 1,722 pharmacies, 1,317 in-store branded coffee shops, 402 adjacent fuel centers, 22 distribution centers, and 20 manufacturing facilities, as well as various digital platforms. The company was founded in 1860 and is headquartered in Boise, Idaho.
Albertsons Companies, Inc. Company Details
CEO:   Mr. Vivek Sankaran
Country:   US
Industry:   Grocery Stores
Website:   https://www.albertsonscompanies.com
Exchange:   New York Stock Exchange
IPO\Launch Date:   1988-08-12
Albertsons Companies, Inc. Company Executive Details
  Mr. Justin Ewing
  Executive Vice President of Corporation Devel. & Real Estate
  Ms. Melissa C. Plaisance
  Group Vice President, Treasury & Investor Relations
  Mr. Anuj Dhanda
  Executive Vice President & Chief Information Officer
  Mr. Robert B. Larson
  Senior Vice President & Chief Accounting Officer
  Ms. Sharon L. McCollam
  Pres & Chief Financial Officer

Albertsons Companies, Inc. Latest News

Kroger-Albertsons merger deal seen leading to higher prices, less competition by lawmakers grilling CEOs


A bipartisan Senate panel on Tuesday expressed skepticism toward the planned merger of grocery-store chains Kroger Co. and Albertsons Cos., with lawmakers raising questions about the prospect of higher food prices, stifled competition and an expansion of so-called “food deserts” where supermarket access is scarce.


Published on: 2022-11-30 07:48:00

Impact on Symbol / Company: ACI

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Kroger, Albertsons CEOs defend grocery tie-up, say deal won't hurt competition


Leaders of the two companies faced questions about how the deal could shake up the competitive landscape — and the prices consumers pay at the store.


Published on: 2022-11-29 17:36:09

Impact on Symbol / Company: ACI

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Kroger, Albertsons CEOs Defend $25B Merger Before Senate


Here's everything you need to know and what the largest-ever grocery merger might mean for prices.


Published on: 2022-11-29 14:52:35

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Kroger and Albertsons want to create a grocery empire. The last supermarket mega-merger backfired


When Christine Martinez found out last month that Kroger and Albertsons planned to merge in a deal worth nearly $25 billion, she thought, "here we go again."


Published on: 2022-11-29 14:17:38

Impact on Symbol / Company: ACI

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Kroger, Albertsons Expected to Defend Grocery Merger at Senate Hearing


The companies' CEOs are likely to face questions on how the proposed $20 billion deal would affect competition and shoppers.


Published on: 2022-11-29 05:30:00

Impact on Symbol / Company: ACI

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Kroger-Albertsons Merger Spells Doom, Gloom And Boom


The world's biggest retailer may be looking over its shoulder soon. The Kroger-Albertsons mega-merger would create a company with about 5,000 U.S. stores, a close second to Walmart's 5,335 in the United States.


Published on: 2022-11-28 17:49:28

Impact on Symbol / Company: ACI

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How Much Upside is Left in Albertsons Companies, Inc. (ACI)? Wall Street Analysts Think 52%


The consensus price target hints at a 52.5% upside potential for Albertsons Companies, Inc. (ACI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.


Published on: 2022-11-25 11:17:18

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Albertsons: Potential 33% Share Price Return, Still A Buy At Current Price


Kroger's acquisition of Albertsons will result in strong synergies and cost savings; it will also provide a better distribution of geographic sales. The combined company will become the third-largest food and drugstore in the United States.


Published on: 2022-11-21 01:13:29

Impact on Symbol / Company: ACI

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Is Kroger Stock A Buy Amid Albertsons Merger Drama? Here's What Analysis, Charts Show


It is one of the country's biggest grocers and is trying to grow further by merging with Albertsons. So is Kroger stock a buy right now?


Published on: 2022-11-18 14:42:03

Impact on Symbol / Company: ACI

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Albertsons restraining order on special dividend payment still in effect as court hearing postponed


Albertsons Companies Inc. ACI, +0.55% said Wednesday that the Washington State Court has postponed the hearing on the grocery company's proposed payment of a special dividend. The stock rose 0.5% in afternoon trading.


Published on: 2022-11-16 13:22:02

Impact on Symbol / Company: ACI

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Albertsons: Merger With Kroger Still Offers Upside Potential


This article analyzes the Albertsons-Kroger merger from the perspective of Albertsons shareholders, and whether Albertsons Companies, Inc. stock presents an opportunity today. We conclude that Albertsons stock offers ~30% upside potential, assuming the merger goes through.


Published on: 2022-11-15 12:34:26

Impact on Symbol / Company: ACI

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ACI vs. KMB: Which Stock Should Value Investors Buy Now?


ACI vs. KMB: Which Stock Is the Better Value Option?


Published on: 2022-11-14 12:47:09

Impact on Symbol / Company: ACI

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