Albertsons Companies (ACI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Albertsons Companies, Inc. reported revenue of $18.34 billion for the quarter ended February 2024, reflecting a year-over-year increase of 0.4% [1] - The earnings per share (EPS) for the same period was $0.54, down from $0.79 a year ago [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $18.4 billion, resulting in a surprise of -0.33% [1] - The company did not deliver an EPS surprise, as the consensus EPS estimate was also $0.54 [1] Key Performance Metrics - Same-store sales increased by 1%, matching the four-analyst average estimate of 1% [2] - The number of stores at the end of the quarter was 2,269, slightly below the average estimate of 2,271 from three analysts [2] - Total retail square footage was 112.8 million, compared to the average estimate of 112.9 million based on two analysts [2] - Revenue from fuel sales was $822.80 million, below the average estimate of $902.34 million from two analysts [2] Stock Performance - Shares of Albertsons Companies have returned -2.6% over the past month, compared to a -4% change in the Zacks S&P 500 composite [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [2]