Welcome to our dedicated page for Albertsons Companies news (Ticker: ACI), a resource for investors and traders seeking the latest updates and insights on Albertsons Companies stock.
Albertsons Companies, Inc. (NYSE: ACI) is a U.S. food and drug retailer operating supermarket and grocery-format stores, in-store pharmacies and associated fuel centers under multiple regional banners. The ACI news feed on Stock Titan brings together company-issued updates, earnings announcements, financing news and strategic initiatives that shape the outlook for this supermarket and grocery operator.
Investors following ACI news can review quarterly and annual earnings releases, where Albertsons Companies reports metrics such as identical sales, digital sales performance and information on its loyalty membership base. These releases often discuss the company’s progress on strategic priorities, including investments in technology, artificial intelligence and productivity initiatives that affect its operations and customer experience.
Albertsons Companies also issues news about capital allocation decisions, such as cash dividend declarations, share repurchase activity and senior notes offerings. Press releases describe how the company uses debt financing and its asset-based revolving credit facility, as well as how it redeems or refinances existing notes. Updates on accelerated share repurchase agreements and changes to the size of its repurchase program provide additional context for shareholders monitoring capital returns.
Beyond financial results, the ACI news stream includes announcements from Albertsons Media Collective, the company’s retail media arm, covering topics like in-store digital display networks, incrementality measurement and recognition programs such as the Alby Awards. Other releases highlight digital and AI initiatives, including the launch of an AI-powered shopping assistant across banner websites, and programs like the Innovation Launchpad Competition for emerging brands. Together, these updates help readers understand how Albertsons Companies is managing its grocery, pharmacy, digital and media activities. Bookmark this page for a consolidated view of ACI-related news directly sourced from company communications and regulatory disclosures.
Albertsons Companies announced a voluntary recall of its ReadyMeals seafood items due to undeclared allergens not listed on ingredient labels. The recall follows an internal review and aligns with regulations set by the U.S. Food and Drug Administration. Customers at Safeway and Albertsons stores in Oregon and select locations in Washington are urged to discard affected products or return them for a full refund. No injuries have been reported, but consumers with allergies are warned of potential severe reactions.
Albertsons Companies (NYSE: ACI) is voluntarily recalling 18 store-prepared items made with King’s Hawaiian pretzel rolls due to potential microbial contamination. The recall was initiated as a precaution after concerns over Cronobacter sakazakii and Clostridium botulinum. No illnesses have been reported, and no pathogens have been found in King’s Hawaiian products. Consumers are advised to discard or return affected products for a full refund. The recalled items were sold under various banners across multiple states, with details available on the Albertsons website.
Kimco Realty (NYSE: KIM) reported solid second-quarter results for 2022, highlighting a 17.6% increase in Funds From Operations (FFO) to $0.40 per diluted share. Despite a net loss of ($125.8 million) or ($0.21) per share, occupancy rose to 95.1%, driven by a strong demand for grocery-anchored spaces. The board declared a 29% increase in dividends, now at $0.22 per share. Kimco revised its full-year guidance for net income down to $0.48 to $0.52 per share but raised FFO projections to $1.54 to $1.57.
Albertsons Companies, Inc. (ACI) reported a strong first quarter for fiscal 2022, ending June 18, with net income rising to $484 million ($0.84/share) from $444.8 million ($0.78/share) year-over-year. Digital sales surged 28%, contributing to 6.8% growth in identical sales, boosting net sales to $23.3 billion. Adjusted EBITDA reached $1.42 billion. The company increased its fiscal 2022 outlook for identical sales to 3%-4% and adjusted EBITDA to $4.25-$4.35 billion. Capital expenditures remain steady, aimed at digital and store modernization efforts.
Albertsons Companies (ACI) has introduced an online service allowing Electronic Benefits Transfer (EBT) recipients to utilize SNAP benefits for same-day grocery delivery and curbside pickup. This initiative, available at Albertsons, Safeway, Jewel-Osco, Vons, and Pavilions locations, enhances access to nutritious food for individuals facing mobility challenges. Customers can use EBT cards for online orders and combine payment methods for ineligible items, while also tracking their balances online. The rollout will continue throughout summer 2022.
Albertsons Companies (NYSE: ACI) has recalled three ReadyMeals seafood items due to undeclared allergens following an internal review. The products, which may pose serious health risks to allergic consumers, include "ReadyMeals Shrimp Cooked with Cocktail Sauce," "ReadyMeals Snow Crab Legs Imitation Surimi," and "ReadyMeals Crab & Shrimp with Cocktail Sauce." These items were sold across various store banners in multiple states. No injuries have been reported. Consumers are advised to return the products for a full refund.
Albertsons Companies, Inc. (NYSE: ACI) has declared a cash dividend of $0.12 per share for Q2 2022, payable on August 10, 2022. This dividend is for stockholders of record as of July 26, 2022. As of February 26, 2022, Albertsons operated 2,276 retail stores and 1,722 pharmacies across 34 states and the District of Columbia, showcasing its substantial presence in the U.S. retail market. In 2021, the company contributed nearly $200 million to community support initiatives, emphasizing its commitment to social responsibility.
Albertsons Companies, Inc. (NYSE: ACI) plans to release its financial results for the first quarter of fiscal 2022 on July 26, 2022, before market opening. The results will cover the period ending June 18, 2022. A conference call is scheduled for 8:30 a.m. Eastern Time on the same day, offering a discussion of the results and a Q&A session. Investors can access the call through the Investor Relations page. The call's replay will be available for two weeks post-event.
Albertsons Companies (NYSE: ACI) has announced the relaunch of its Soleil Sparkling Water brand, introducing eight new can designs. This nationwide rollout includes a marketing campaign titled “That’s a Soleil Vibe,” leveraging TikTok influencers to engage with Gen-Z. The sparkling water is available exclusively at Albertsons' family of stores and features 15 flavors. The redesign aims to enhance the brand's vibrant identity as summer approaches, encouraging customers to embrace a cheerful lifestyle.
Albertsons Companies (ACI), in collaboration with The J. M. Smucker Co., has issued a voluntary recall of 11 store-prepared items due to potential Salmonella contamination. The recalled products were sold under various banners including Albertsons, Safeway, and Lucky, with sell-through dates up to May 26, 2022. Consumers are advised to dispose of the products or return them for a full refund. No injuries have been reported. Salmonella poses serious health risks, particularly for vulnerable populations.