Workflow
Albertsons Companies(ACI)
icon
Search documents
Albertsons Companies Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-07-08 12:10
Group 1 - Albertsons Companies, Inc. is set to release its Q1 earnings results on July 15, with expected earnings of 54 cents per share, a decrease from 66 cents per share in the same period last year [1] - The company anticipates quarterly revenue of $24.69 billion, an increase from $24.27 billion a year earlier [1] Group 2 - On May 14, Albertsons launched its Own Brand, Chef's Counter™, aimed at providing chef-inspired flavors in a convenient and affordable manner [2] - Following the announcement, Albertsons shares rose by 3.7%, closing at $22.74 [2] Group 3 - Analysts have provided various ratings for Albertsons, with Telsey Advisory Group maintaining an Outperform rating and a price target of $24 [5] - BMO Capital upgraded the stock from Market Perform to Outperform, raising the price target from $19 to $25 [5] - JP Morgan maintained an Overweight rating and increased the price target from $24 to $31 [5] - Tigress Financial kept a Buy rating and raised the price target from $27 to $28 [5] - Evercore ISI Group maintained an In-Line rating but reduced the price target from $23 to $22 [5]
Couple Makes $5 Million On 4th Of July Grocery Run In Riverside County On Scratchers Lottery Game Card
Murrieta, CA Patch· 2025-07-07 17:11
Core Points - A couple from Riverside County won $5 million from a Scratchers lottery game purchased at an Albertsons grocery store in Murrieta, California [2][4] - The store will receive a $25,000 bonus for selling the winning ticket [5] Group 1 - The winning couple, Deborah Trullinger and her husband, were grocery shopping when they purchased the lottery tickets [2] - Initially, Deborah thought she won $500, then $5,000, before realizing the total was $5 million [3] - The couple plans to use their winnings to accelerate retirement, travel, and possibly buy a new car and home [4] Group 2 - Deborah Trullinger has a history of lottery success, having previously won $30,000 in Arizona [5] - The couple's winnings are being celebrated as a special anniversary gift, coinciding with their upcoming 45th wedding anniversary [4]
ACI Worldwide Competitor Profile 2025 | Product Launches, Partnerships, Mergers, and Acquisitions - ACI Wallets Supports 200+ Digital Wallets with Single Integration
GlobeNewswire News Room· 2025-07-01 08:15
Core Insights - ACI Worldwide is a global payments technology provider that facilitates a wide range of transactions, including card payments and account-to-account transfers, operating in 95 countries for over five decades [2][4]. Group 1: Company Overview - ACI Worldwide supports various industries such as utilities, government, insurance, healthcare, higher education, mortgages, subscriptions, and telecommunications [3]. - The company is headquartered in the US and has a business presence across the Americas, the Middle East, Asia-Pacific, Europe, and Africa [3]. Group 2: Product and Service Offerings - ACI provides software solutions for credit, debit, and prepaid card payments, as well as account-to-account payments for banks, billers, and merchants [2]. - Recent product launches include ACI Instant Pay for real-time payments in January 2023, ACI Wallets for accepting over 200 digital wallets in 70+ countries, and a digital central infrastructure for central banks and financial institutions introduced in September 2023 [6]. Group 3: Partnerships and Collaborations - In February 2025, ACI partnered with UK-based fintech Banfico to offer payment verification services to banks and payment providers in the UK and Europe [6]. Group 4: Performance and Competitive Analysis - The report includes insights into ACI's operational and financial performance, benchmarking against competitors, and a detailed overview of its revenue model [6][8]. - ACI's significant events and milestones, including partnerships and product launches, are highlighted to assess its competitive dynamics in the alternative payments industry [6].
5 Ideal 'Safe' Buys From June Fortune Return On Leadership Screen
Seeking Alpha· 2025-06-10 16:47
Group 1 - 22% of the FROLD collection from The ROL100 ranking of leadership among the 2025 Fortune 500 list consists of companies that are either unlisted publicly or do not pay dividends [1] - 11% of the companies in this collection are identified as IDEAL and ready to buy [1] Group 2 - The Dogcatcher has identified Albertsons as a notable candidate for investment [1]
ACI Worldwide: What Does Connetic Mean For Their Future?
Seeking Alpha· 2025-06-08 10:29
Group 1 - The analysis revisits ACI Worldwide (ACIW) after three quarters, highlighting a previous 'Buy' rating due to strong cash generation, expanding margins, and modest valuation despite significant price increases [1] - The company has shown consistent performance in cash generation and margin expansion, which are critical indicators for potential investment opportunities [1]
Albertsons Companies Remains A Stellar Prospect
Seeking Alpha· 2025-04-25 21:56
Group 1 - The grocery chain Albertsons Companies, Inc. (NYSE: ACI) has performed surprisingly well amidst market turmoil [1] - In January, it was noted that the stock of Albertsons had risen significantly [1] Group 2 - Crude Value Insights provides an investing service focused on oil and natural gas, emphasizing cash flow and companies with growth potential [1] - The service includes a 50+ stock model account and in-depth cash flow analyses of exploration and production firms [2]
Compared to Estimates, Albertsons Companies (ACI) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-04-22 14:36
Core Insights - Albertsons Companies, Inc. reported $18.8 billion in revenue for the quarter ended February 2025, marking a year-over-year increase of 2.5% [1] - The company's EPS for the same period was $0.46, down from $0.54 a year ago, but exceeded the consensus estimate of $0.40 by 15% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $18.63 billion, resulting in a surprise of 0.93% [1] Financial Performance Metrics - Same-store sales increased by 2.3%, outperforming the average estimate of 1.8% based on five analysts [4] - The number of stores at the end of the quarter was 2,270, slightly below the average estimate of 2,273 from four analysts [4] - Total retail square footage was reported at 113 million, closely aligning with the average estimate of 113.07 million from three analysts [4] - Fuel revenues reached $823.20 million, exceeding the average estimate of $776.15 million, with a year-over-year change of 0.1% [4] Stock Performance - Albertsons Companies' shares returned 7.1% over the past month, contrasting with the Zacks S&P 500 composite's decline of 8.9% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Albertsons Companies(ACI) - 2025 Q4 - Annual Report
2025-04-21 20:24
Company Operations - As of February 22, 2025, Albertsons operates 2,270 stores across 34 states and the District of Columbia, holding a 1 or 2 market share position in 66% of the 122 metropolitan statistical areas where it operates[22]. - The company employs approximately 285,000 associates, with 62% being part-time and over 195,000 covered by collective bargaining agreements[38]. - Albertsons operates 19 food production plants, including seven milk plants and three bakery plants, optimizing make-versus-buy decisions for quality and profitability[27]. - The company operates 1,728 in-store pharmacies, exposing it to risks related to pharmaceuticals and healthcare products[78]. - The company operates 405 fuel centers, and increased fuel prices could negatively impact gross margins and demand[88]. Sales and Financial Performance - Net income for fiscal 2024 was $959 million, or $1.64 per Class A common share[166]. - Adjusted net income reached $1,382 million, or $2.34 per Class A common share[166]. - Adjusted EBITDA for fiscal 2024 was $4,005 million[166]. - Identical sales increased by 2.0% during fiscal 2024[160]. - Digital sales rose by 24% compared to fiscal 2023[160]. - Net sales and other revenue increased by $1,153.2 million, or 1.5%, to $80,390.9 million in fiscal 2024 from $79,237.7 million in fiscal 2023, driven by a 2.0% increase in identical sales and a 24% increase in digital sales[173]. - Net income was $958.6 million, or $1.64 per diluted share, in fiscal 2024, down from $1,296.0 million, or $2.23 per diluted share, in fiscal 2023[183]. - Adjusted net income for fiscal 2024 was $1,382.4 million, down 18.3% from $1,693.7 million in fiscal 2023[186]. - Adjusted EBITDA for fiscal 2024 was $4,004.7 million, a decline of 7.2% compared to $4,317.7 million in fiscal 2023[185]. Customer Engagement and Loyalty - Albertsons has 45.6 million members enrolled in its loyalty program, which significantly drives higher sales and customer retention[31]. - Loyalty members increased by 15% to 45.6 million in fiscal 2024[160]. Environmental and Sustainability Initiatives - The company recycled nearly 800 million pounds of cardboard and over 25 million pounds of plastic bags and film during fiscal 2024[36]. - The company completed over 600 energy efficiency projects in fiscal 2024 as part of its commitment to environmental stewardship[36]. - Legislative and regulatory changes related to climate change may increase operational costs and impact financial condition[85]. Digital Transformation and Technology - The company has significantly expanded its digital capabilities and loyalty programs, but must continue to adapt to changing consumer preferences[76]. - The company launched a partnership with Grubhub in fiscal 2024 to enhance its delivery services, which are available in over 2,200 stores[22]. - The company has deployed cloud-based enterprise solutions to process customer and transaction data, enabling targeted marketing strategies[31]. - The company expanded its digital business to offer online shopping options, but there is no assurance of continued success in these initiatives[71]. Financial Obligations and Debt - The company has approximately $7.5 billion of debt outstanding as of February 22, 2025, with an additional borrowing capacity of $4.0 billion under its asset-based loan facility[117]. - Total contractual obligations amount to $20,513.7 million, with long-term debt at $7,452.4 million and operating leases at $8,878.5 million[211]. - The estimated allocable share of underfunding for multiemployer plans is approximately $3.6 billion, reduced from $4.9 billion due to special financial assistance received[217]. - The company may incur substantial additional indebtedness in the future, increasing the risks associated with its current debt levels[119]. Market and Competitive Landscape - The company faces intense competition in the food and drug retail industry, which may adversely affect profitability and operating results[70]. - The company has experienced increased inflation periods over the past several years, impacting sales growth and earnings[62]. - The company’s ability to attract customers relies on various factors including price, service, and convenience, which are challenged by competitors[72]. Regulatory and Legal Risks - The company’s financial performance may be adversely affected by governmental and regulatory changes, including reductions in subsidies like SNAP[63]. - Legal and regulatory changes could materially impact the company's operations and financial performance, requiring compliance with complex regulations[105]. - The company is subject to various legal proceedings that could have a material adverse effect on its financial condition and results of operations[108]. Labor and Employment Challenges - The company has faced a competitive labor market, impacting its ability to manage costs and invest in technology[64]. - Approximately 195,000 employees are covered by collective bargaining agreements, with 120,000 agreements set to expire in fiscal 2025[95]. - Increased labor costs due to rising minimum wage regulations may adversely affect future financial results[100]. - The company faces significant risks related to labor availability, which could adversely affect customer service and financial performance if unable to attract and retain qualified associates[102]. Risk Management and Cybersecurity - Cybersecurity risks pose a threat to the company's IT systems, which are critical for business operations and financial reporting[110]. - The cybersecurity team conducts regular risk assessments and maintains a risk repository to manage cybersecurity threats[131]. - The company has not identified any cybersecurity threats that have materially affected its operations as of the report date[140].
Buy These Defensive Stocks After Beating Earnings Expectations?: ACI, JNJ
ZACKS· 2025-04-16 23:35
Group 1: Market Performance - Johnson & Johnson (JNJ) and Albertsons Companies (ACI) stocks have provided a hedge against market volatility, with both stocks up 6% year to date [1] - The S&P 500 and Nasdaq are near correction territory, highlighting the defensive nature of JNJ and ACI [1] Group 2: Johnson & Johnson Q1 Results - JNJ's Q1 sales rose 2% to $21.89 billion, exceeding estimates of $21.61 billion, driven by DARZALEX, which saw a 20% growth [2] - Q1 earnings increased 2% to $2.77 per share, surpassing EPS expectations of $2.57 by 7.78% [3] - JNJ has maintained an average earnings surprise of 5.71% over the last four quarters [3] Group 3: Albertsons Q4 Results - Albertsons' Q4 sales increased 2% to $18.79 billion, surpassing estimates of $18.62 billion, with E-commerce sales spiking 24% [4] - Q4 EPS of $0.46 beat expectations of $0.40, although it fell from $0.54 in the comparative quarter [5] - Albertsons has achieved or exceeded the Zacks EPS Consensus in each of the last four quarters with an average earnings surprise of 7.21% [7] Group 4: Guidance & Outlook - JNJ raised its full-year sales guidance to $91 billion-$91.8 billion, above the Zacks Consensus of $89.99 billion, with projected sales growth of 4% in FY26 [8] - JNJ lowered its FY25 EPS guidance to a range of $10.50-$10.70, aligning with estimates of $10.51, indicating 5% growth [9] - Albertsons provided FY26 EPS guidance of $2.03-$2.16, below expectations of $2.33, but FY27 EPS is projected to rebound to $2.44 [11] - Albertsons' sales are expected to increase 3% in FY26 and another 1% in FY27 to $83.25 billion [11] Group 5: Overall Assessment - Both JNJ and ACI currently hold a Zacks Rank 3 (Hold), indicating defensive safety due to the essential nature of their businesses, though there may be better buying opportunities given their guidance [12]
Albertsons' Q4 Earnings Beat Estimates, Pharmacy Sales Rise 18% Y/Y
ZACKS· 2025-04-16 16:16
Core Insights - Albertsons Companies, Inc. reported a year-over-year increase in net sales for the fourth quarter of fiscal 2024, surpassing the Zacks Consensus Estimate, while adjusted earnings per share declined but still beat expectations [1][3][14] - The company is focusing on its "Customers for Life" strategy, which aims to drive future growth and value creation through investments in core business areas, including digital platforms and media [2][13] Financial Performance - Adjusted earnings per share for the fourth quarter were 46 cents, exceeding the consensus estimate of 40 cents, but down 14.8% from 54 cents in the prior year [3] - Net sales reached $18,799.5 million, a 2.5% increase year-over-year, driven by a 2.3% rise in identical sales and an 18% increase in pharmacy sales [3] - Digital sales grew by 24%, attributed to strong first-party sales [3] Membership and Customer Engagement - Loyalty membership increased by 15% to 45.6 million in the fourth quarter compared to the same period in fiscal 2023 [4] Margins and Expenses - Gross profit was $5.1 billion, a slight increase of 0.1% year-over-year, but gross margin contracted by 60 basis points to 27.4% [5] - Selling and administrative expenses rose by 2.5% to $4.8 billion, maintaining a rate of 25.7% of net sales [7] - Adjusted EBITDA declined 6.6% year-over-year to $855.1 million, with an adjusted EBITDA margin of 4.5%, down 50 basis points [8] Financial Snapshot - As of February 22, 2025, cash and cash equivalents stood at $293.6 million, with long-term debt totaling $7.8 billion and total stockholders' equity at $3.4 billion [9] Capital Expenditures and Dividends - Capital expenditures for fiscal 2024 were $1.9 billion, reflecting store remodels and investments in digital platforms, with expectations for fiscal 2025 expenditures between $1.7 billion and $1.9 billion [10] - The company raised its quarterly dividend by 25% to 15 cents per share, with the next payment scheduled for May 9, 2025 [11] Future Outlook - For fiscal 2025, Albertsons anticipates identical sales growth of 1.5-2.5% and adjusted EBITDA between $3.8 billion and $3.9 billion [13] - Adjusted earnings per share are projected to be in the range of $2.03-$2.16, reflecting a decrease from $2.34 in fiscal 2024 [14]