Albertsons Companies (ACI) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Albertsons Companies, Inc. reported revenue of $18.77 billion for the quarter ended November 2024, reflecting a year-over-year increase of 1.2% [1] - The company's EPS was$ 0.71, down from $0.79 in the same quarter last year, but exceeded the consensus estimate of$ 0.66 by 7.58% [1][2] - The revenue fell slightly short of the Zacks Consensus Estimate of $18.8 billion, resulting in a surprise of -0.11% [1] Financial Performance Metrics - Same-store sales growth was reported at 2%, slightly below the five-analyst average estimate of 2.1% [4] - The total number of stores at the end of the quarter was 2,273, surpassing the four-analyst average estimate of 2,267 [4] - Retail square footage totaled 113.2 million, exceeding the three-analyst average estimate of 112.78 million [4] - Fuel revenue was reported at$ 885.20 million, which was below the three-analyst average estimate of $976.68 million, marking a year-over-year decline of 15.4% [4] Stock Performance - Albertsons Companies' shares have returned +6.5% over the past month, outperforming the Zacks S&P 500 composite, which declined by -2.8% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]