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Albertsons Companies Inc - ACI STOCK NEWS

Welcome to our dedicated news page for Albertsons Companies (Ticker: ACI), a resource for investors and traders seeking the latest updates and insights on Albertsons Companies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Albertsons Companies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Albertsons Companies's position in the market.

Rhea-AI Summary
Albertsons Companies, Inc. (NYSE: ACI) reported Q3 fiscal 2023 results, with a 2.9% increase in identical sales, 21% growth in digital sales, and 17% increase in loyalty members. Net income was $361 million, or $0.62 per share, and adjusted net income was $462 million, or $0.79 per share. Adjusted EBITDA was $1,107 million. The company also announced a Merger Agreement with The Kroger Company for a total consideration of $34.10 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
earnings
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Rhea-AI Summary
Albertsons Companies, Inc. (NYSE: ACI) declares a cash dividend of $0.12 per share of common stock for the fourth quarter of fiscal 2023, payable on February 9, 2024, to stockholders of record as of January 26, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
dividends
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Rhea-AI Summary
Albertsons Companies (ACI) launches its 2nd Annual Innovation Launchpad competition, seeking emerging food, beverage, and pet product brands with $2-8 million in net retail sales. 50 applicants will present at Natural Products Expo West, with the top 3 winners receiving prizes valued at over $300,000. Last year's competition saw 900 applicants, with winners including Like Air Baked Puffcorn, Evive Smoothie Cubes, and Dream Pops Plant-Based Ice Cream.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
acquisition
Rhea-AI Summary
Albertsons Companies (ACI) Supports Wreaths Across America with Shaw's and Star Market Veterans Associate Resource Group
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
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none
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Rhea-AI Summary
Albertsons Companies, Inc. (NYSE: ACI) will release its financial results for the third quarter of fiscal year 2023, which ended December 2, 2023, before the market opens on January 9, 2024. In light of the Company’s entry into an Agreement and Plan of Merger with The Kroger Co., Albertsons Companies will not be hosting a conference call or providing financial guidance in conjunction with its third quarter of fiscal year 2023 results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
Tags
earnings
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Rhea-AI Summary
Albertsons Companies, Inc. (NYSE: ACI) announced the appointment of Sarah Mensah and Lisa Gray to the Company’s Board of Directors, expanding it to 11 members. Sarah Mensah, President of the Jordan Brand for NIKE Inc., is known for her leadership roles at Nike and the Portland Trail Blazers. Lisa Gray, Vice Chair and Senior Legal Officer for Cerberus Operations & Advisory Company, LLC, brings over 35 years of experience in mergers and acquisitions, corporate governance, and debt restructurings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
management
Rhea-AI Summary
Albertsons Companies (ACI) partnered with MrBeast for a 'Survive in a Grocery Store' challenge on YouTube. Contestant lives in Safeway store, winning $10,000 daily but donating $10,000 worth of products to charity. Over $450,000 worth of groceries, electronics, and paper goods donated to local nonprofit organizations. Safeway's mission to break the cycle of hunger furthered through this collaboration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
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partnership
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Rhea-AI Summary
Albertsons Companies (NYSE: ACI) and Afresh Technologies announce the enterprise rollout of the Afresh platform into the meat and seafood departments in more than 2,200 Albertsons Cos. banner stores. The Afresh platform aims to drive higher in-stock rates and delivery on localized consumer product preferences. This deployment follows a successful partnership in produce, where Albertsons Cos. achieved fresher produce with higher in-stock rates and reduced food waste.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.1%
Tags
AI
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Rhea-AI Summary
Healthpilot (NYSE: ACI) Announces Partnership with Albertsons Companies, Inc. to Provide AI-Powered Medicare Plan Exploration Platform for Customers
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
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none
Rhea-AI Summary
Kimco Realty (NYSE: KIM) Declares $0.09 Special Dividend, Payable on December 21, 2023, Due to Albertsons Companies Inc. Payment. Future Dividends Subject to Board's Discretion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
Tags
dividends
Albertsons Companies Inc

NYSE:ACI

ACI Rankings

ACI Stock Data

12.33B
328.72M
14.94%
73.63%
2.5%
Supermarkets and Other Grocery (except Convenience) Stores
Retail Trade
Link
US
Boise

About ACI

in 1939, joe albertson, a former safeway district manager, took $5,000 he saved and $7,500 he borrowed from his wife’s aunt bertie to open his first albertsons store in boise, idaho. joe knew the keys of running a really great store meant working hard for the customers: give them the products they want, at a fair price, with lots of tender, loving care. with the merger of albertsons llc and safeway, inc. in 2015, albertsons companies is now one of the largest food and drug retailers in the united states. the company operates more than 2,300 stores across 35 states and the district of columbia under 19 well-known banners including albertsons, safeway, vons, jewel-osco, shaw's, acme, tom thumb, randalls, united supermarkets, pavilions, star market, haggen and carrs. albertsons companies is dedicated to helping people across the country live better lives. in 2015 alone, with the help of our generous customers, albertsons companies and the albertsons companies foundation gave more than $27