Albertsons Companies(ACI)
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Tax Fight With Clarendon Hills Appears Over
Hinsdale· 2024-11-25 10:04
Schools Tax Fight With Clarendon Hills Appears Over A Hinsdale District 86 official called the new tax district "pretty fantastic." Clarendon Hills' proposal for a downsized tax district along 55th Street got a good reception at Thursday's meeting of the Hinsdale High School District 86 board. (David Giuliani/Patch) HINSDALE, IL – Hinsdale High School District 86 officials sounded satisfied Thursday with a downsized tax district in Clarendon Hills. For months, the district had opposed a larger tax increment ...
Shares of Companies with Big Merger Plans Jump After Trump Election
Investopedia· 2024-11-06 20:25
Key TakeawaysShares of companies with large mergers got a boost Wednesday after Donald Trump won the U.S. presidential election. Trump campaigned on a platform that included cutting government regulation.The outcome of the vote lifted optimism that the Discover-Capital One and Kroger-Albertsons deals will be completed. It may also have lifted shares of Cleveland-Cliffs, which has tried to acquire U.S. Steel. Donald Trump's re-election and his call to cut government regulation on Wednesday helped boost shar ...
Albertsons Q2 Earnings Beat Estimates, Loyalty Members Rise 15% Y/Y
ZACKS· 2024-10-16 17:40
Albertsons Companies, Inc. (ACI) reported second-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. While net sales increased, earnings decreased from the year-ago period. We note that ACI remains focused on its "Customers for Life" strategy, which fueled growth in both digital sales and pharmacy operations. The company also achieved year-over-year increases in loyalty members and omnichannel shoppers, alongside accelerated growth in the Albertsons Media Collect ...
Albertsons Sees 24% Growth in Digital Sales Amid Expanded Offerings
PYMNTS.com· 2024-10-15 22:33
Albertsons Companies saw its digital sales increase 24% during a quarter in which its identical store sales increased 2.5%. During the quarter ended Sept. 7, the food and drug retailer also reported a 15% increase in its loyalty members, bringing the total to 43 million, according to a Tuesday (Oct. 15) earnings release. "In the second quarter of fiscal 2024, investments in our Customers for Life strategy continued to drive strong growth in our digital sales and pharmacy operations," Vivek Sankaran, CEO of ...
Compared to Estimates, Albertsons Companies (ACI) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-10-15 15:00
For the quarter ended August 2024, Albertsons Companies, Inc. (ACI) reported revenue of $18.55 billion, up 1.4% over the same period last year. EPS came in at $0.51, compared to $0.63 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $18.45 billion, representing a surprise of +0.55%. The company delivered an EPS surprise of +6.25%, with the consensus EPS estimate being $0.48.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...
Albertsons Companies(ACI) - 2025 Q2 - Quarterly Report
2024-10-15 12:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 7, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-39350 Albertsons Companies, Inc. (Exact name of registrant as specified in its charter) Delaware 47-4376911 (State or other ...
Albertsons Companies(ACI) - 2025 Q2 - Quarterly Results
2024-10-15 12:31
Albertsons Companies, Inc. Reports Second Quarter Fiscal 2024 Results Boise, ID - October 15, 2024 Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the second quarter of fiscal 2024, which ended September 7, 2024. Second Quarter of Fiscal 2024 Highlights • Identical sales increased 2.5% • Digital sales increased 24% • Loyalty members increased 15% to 43.0 million • Net income of $146 million, or $0.25 per share • Adjusted net income of $301 million, or $0.51 per share • Adju ...
Albertsons Companies (ACI) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2024-10-10 14:20
Wall Street analysts expect Albertsons Companies, Inc. (ACI) to post quarterly earnings of $0.48 per share in its upcoming report, which indicates a year-over-year decline of 23.8%. Revenues are expected to be $18.47 billion, up 1% from the year-ago quarter.The current level reflects an upward revision of 2.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Befo ...
ACI Worldwide: Up Over 100% In The Last Year But Still Undervalued
Seeking Alpha· 2024-09-20 16:23
I am initiating my coverage of ACI Worldwide (NASDAQ: ACIW ) with a ‘Buy’ rating for long-term investors primarily due to their mature business model, expanding margins, and modest relative valuation despite 100%+ appreciation in their stock price over the last year.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinion ...
5 Oversold Stocks to Buy Right Now
MarketBeat· 2024-09-16 15:27
Investors like to think of themselves as rational and unattached. Still, the movement of stock prices shows that this isn’t always true — and the existence of technical signals like oversold or undersold confirms that fact. Sometimes, investors let emotions get the best of them and stampede toward the exit following a bad earnings report, CEO departure, or product recall. However, not every negative story is a reason to sell, and investors who trust the data (while keeping a calm composure) often find the b ...