Financial Data and Key Metrics Changes - For Q4 2020, total sales reached $15.8 billion, driven by an 11.8% increase in identical sales [23] - Adjusted EBITDA for the full year was $4.5 billion, reflecting over 60% growth [9] - Adjusted EPS grew 212% to $3.24 for the full year [9] - Gross profit margin increased to 28.9% in Q4 2020, compared to 28.6% in Q4 2019 [23] Business Line Data and Key Metrics Changes - Digital sales growth accelerated to 282% in Q4, with a full-year growth of 258% [10] - Fresh product sales outpaced center store sales by 300 basis points [13] - Owned brand penetration exceeded 25% in Q4, with expectations to reach 30% in the coming years [14] Market Data and Key Metrics Changes - Identified sales for the full year increased by 16.9%, exceeding expectations [25] - Membership in the Just for U loyalty program grew to 25.4 million, with a retention rate of 93.1% [10] - The number of omnichannel households tripled compared to fiscal year-end 2019, with these households spending significantly more [11] Company Strategy and Development Direction - The company focuses on building deep customer relationships through differentiated product offerings and enhanced omnichannel capabilities [8] - Strategic priorities include in-store excellence, digital and omnichannel acceleration, productivity driving, and talent and culture strengthening [12] - Continued investment in technology and digital initiatives is expected to drive future growth [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the sustainability of competitiveness despite varying COVID restrictions across geographies [9] - The company anticipates food at home inflation of 1% to 2% for the fiscal year, with a rational competitive environment expected [35] - Management highlighted the importance of maintaining flexibility and speed in operations while leveraging national scale [8] Other Important Information - The company administered 3.1 million COVID vaccine doses through its pharmacy teams [20] - Significant community support included $260 million in food and charitable donations during fiscal 2020 [21] - The company is committed to enhancing its ESG strategy, focusing on diversity, equity, and sustainability [22] Q&A Session Summary Question: Clarification on quarter-to-date trends - Management indicated that sales trends are in line with the exit of Q4, modeling business on weekly dollar sales [38][39] Question: Cadence of identical sales throughout the year - Management acknowledged that predicting topline sales becomes more challenging further out, emphasizing strong productivity programs for the second half of the year [42] Question: Details on the incremental $500 million in cost savings - Management explained that productivity savings would be reinvested in the business while also providing a cushion for the bottom line [44] Question: Update on gross margin expectations for 2021 - Management expressed confidence in maintaining gross margins at levels seen in 2020, driven by productivity initiatives [49] Question: Insights on food at home inflation - Management provided context on planning assumptions for inflation, indicating that demand is still ahead of supply in many categories [55][56]

Financial Data and Key Metrics Changes - Q3 identical sales increased by 12.3% with adjusted EPS growth of 275% year-over-year to $0.66 per share [8] - Adjusted EBITDA rose 53% to $968 million, reflecting robust flow-through [8][28] - Total sales reached $15.4 billion, up from $14.1 billion in the same quarter last year [26] - Gross profit margin improved to 29.3% compared to 28.3% in Q3 last year [26] Business Line Data and Key Metrics Changes - Digital sales grew 225% year-over-year, with drive-up-and-go (DUG) sales increasing over 800% [18] - Fresh product sales saw higher ID sales, particularly in seafood, meat, and floral categories [12][13] - Owned brands generated $14 billion in sales, with penetration exceeding 25% in the last four weeks of Q3 [14] Market Data and Key Metrics Changes - The company gained significant market share in both food and MULO categories, with over 6 million new households shopping [9] - Loyalty program registered users increased by 23.5% year-over-year, with active users spending 4.1 times more than non-active customers [10] Company Strategy and Development Direction - The company focuses on in-store excellence, digital and omnichannel capabilities, productivity improvements, and strengthening talent and culture [11][22][23] - Plans to invest over $300 million in digital and omnichannel capabilities during fiscal year 2020 [19] - Continued expansion of meal solutions and owned brands to drive growth [14][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining competitiveness despite the pandemic, noting changes in consumer behavior that may persist [35][39] - The outlook for fiscal 2020 was raised, with expected identical sales of approximately 16.5% and adjusted EPS in the range of $3.05 to $3.15 per share [33] - Management emphasized the importance of personalized promotions and smarter marketing strategies moving forward [48] Other Important Information - The company has allocated an additional $200 million for store-related capital to accelerate priority projects [17] - Strong operating free cash flow of $1.9 billion year-to-date, with ongoing share repurchase and dividend programs [30][32] Q&A Session Summary Question: Can you provide more color around the cadence of identical sales through the quarter? - Management noted similar ID sales throughout the quarter with a slight lift around Thanksgiving, maintaining low double-digit growth into Q4 [44] Question: How should we think about gross margin in the fourth quarter? - Management indicated that promotions have increased but are still below 2019 levels, focusing on quality over quantity in promotions [48][49] Question: Are there differences in market share gains compared to prior quarters? - Management confirmed consistent market share gains in both dollar and unit terms, particularly in fresh categories [52][53] Question: What is the expected impact of digital on gross margin? - Management indicated that digital expenses impacted margins, but improvements in shrink and sales leverage offset some costs [68] Question: How does the company plan to manage potential wage increases from proposed hero pay? - Management stated they would push back against such proposals and manage costs through various levers, emphasizing part-time labor management [62][63]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Class A common stock, $0.01 par value ACI New York Stock Exchange 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 12, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Comm ...

Financial Data and Key Metrics Changes - Total sales for Q2 2020 were $15.8 billion, up from $14.2 billion in Q2 2019, driven by a 13.8% increase in identical sales [25][28] - Adjusted EBITDA increased by 67% to $948 million compared to $567.6 million in Q2 2019 [28] - Adjusted EPS grew to $0.60 per share from $0.17 per share in the prior year [28] - Gross profit margin increased to 29% from 27.8% year-over-year, with improvements in shrink expense and sales leverage contributing to this growth [25][26] Business Line Data and Key Metrics Changes - Digital sales surged by 243% year-over-year, indicating a significant shift towards eCommerce [8][15] - The Own Brands portfolio, which includes over 12,000 unique items, continues to drive a gross margin advantage of 1,000 basis points compared to national brands [12][14] - Seafood sales increased by 46% year-over-year, while flour sales rose over 20% in Q2 [11] Market Data and Key Metrics Changes - The company gained significant market share across both food and multi-outlet (MULO) categories, with all income segments increasing their spending [8][9] - The Drive Up and Go (DUG) segment grew over 1,000% year-over-year, highlighting the rapid expansion of digital offerings [17] Company Strategy and Development Direction - The company is focused on maintaining in-store excellence, enhancing digital and eCommerce capabilities, and driving productivity through technology investments [10][15][20] - Plans to expand the DUG locations to 1,800 by the end of fiscal year 2021, up from a previous goal of 1,600 [15] - The company aims to leverage its strengths in fresh products and expand its eCommerce capabilities to capture a larger share of the $1.6 trillion food and beverage market [36][38] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to outperform the $3.2 billion EBITDA consensus estimate for fiscal year 2021, citing strong demand and market share gains [36][39] - The company anticipates that consumer behaviors will shift towards more at-home eating, providing a larger market opportunity [47][60] - Management highlighted the importance of maintaining a balance between investing in customer experience and driving profitability [58] Other Important Information - The company plans to spend approximately $1.9 billion in total capital expenditures for the year, focusing on high-return projects [29][30] - A quarterly dividend of $0.10 per share was approved, reflecting the company's commitment to returning capital to shareholders [32] Q&A Session Summary Question: Comments on gross margins and promotional environment - Management noted that the promotional environment has become more rational, with productivity measures driving gross margin improvements [43] Question: Thoughts on productivity initiatives for next year - Management expressed confidence that productivity initiatives will lead to improved adjusted EBITDA margins in a normalized environment [46][47] Question: EBITDA guidance and potential limitations - Management indicated strong sales trends in early Q3 and expects continued growth, with a solid EBITDA increase projected for the second half of the year [53][56] Question: Expectations for 2021 and incremental margins - Management believes that the incremental margin for 2021 will be significantly higher than pre-COVID levels due to improved operational efficiencies [58][60] Question: Impact of COVID on customer loyalty and engagement - Management observed that new customers are engaging more quickly with loyalty programs, leading to increased retention and spending [67][68] Question: Strategic M&A considerations - Management confirmed that they are open to strategic acquisitions that are accretive and align with their growth strategy, focusing on tuck-in opportunities [78][79]

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 June 20, 2020 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 jur ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 29, 2020 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: 333-205546 Albertsons Companies, Inc. (Exact name of registrant as specified in its charter) Delaware 47-4376911 (State or other jurisd ...

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 November 30, 2019 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: 333-205546 Albertsons Companies, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of in ...

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, 2019 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: 333-205546 Albertsons Companies, Inc. (Exact name of registrant as specified in its charter) Delaware 47-4376911 (State or othe ...

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 June 15, 2019 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: 333-205546 Albertsons Companies, Inc. (Exact name of registrant as specified in its charter) Delaware 47-4376911 (State or other ju ...