Albertsons: Grocery Chains Shouldn't Trade At These Multiples

Colleen Michaels/iStock Editorial via Getty Images Albertsons Companies, Inc. (NYSE:ACI) operates grocery stores and drug stores in the United States with brands such as Albertsons, Safeway, Vons, Pavilions, and multiple others. Since an IPO in 2020, Albertsons’ stock has returned around 75%. The company’s story has seen changes in the past years due to an acquisition offer by Kroger (KR). The acquisition offer has since gone under FTC scrutiny and is expected to likely fail when comparing the stock pri ...