Albertsons Companies, Inc.'s sales outlook remains stable, with fair Q4 comparable growth and a similar FY2025 guidance. The company's margin outlook is concerning as the gross margin declined 45 basis points in Q4, and profitability is guided to decline further in FY2025. Albertsons' productivity initiatives seem likely to be pushed into lower pricing, and digital sales growth seems to be cannibalizing higher-margin physical sales.
Grocery giant Albertsons says inflationary pressures continue to push its shoppers to seek value. The company on Tuesday (April 15) released earnings showing 24% upticks in digital sales for the quarter and full fiscal year.
Shares of grocery store chain Albertsons (ACI -7.44%) fell 8% on Tuesday as of 1:00 p.m. ET. Albertsons reported earnings today, and while the past quarter's results were solid, management's forward outlook for profits was well below analyst expectations.
Albertsons Companies, Inc. (NYSE:ACI ) Q4 2024 Earnings Conference Call April 15, 2025 8:30 AM ET Company Participants Melissa Plaisance - Senior Vice President, Investor Relations, Treasury and Risk Management Vivek Sankaran - Chief Executive Officer Susan Morris - Chief Operations Officer and CEO-Elect Sharon McCollam - President and Chief Financial Officer Conference Call Participants Leah Jordan - Goldman Sachs Mark Carden - UBS Edward Kelly - Wells Fargo John Heinbockel - Guggenheim Partners Erica Eiler - Oppenheimer Robert Ohmes - Bank of America Scott Mushkin - R5 Capital Michael Montani - Evercore ISI Karen Short - Melius Research Kelly Bania - BMO Capital Markets Joseph Feldman - Telsey Advisory Group Operator Welcome to the Albertsons Companies Fourth Quarter and Fiscal Year-End 2024 Earnings Conference Call and thank you for standing by. All participants will be in listen-only mode until the Q&A session.
Albertsons saw its top-line figure increase in the latest quarter as its pharmacy business powered identical sales growth.
Get a deeper insight into the potential performance of Albertsons Companies (ACI) for the quarter ended February 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
ACI Worldwide is well established, operating across 94 countries and delivering payment solutions to banks, merchants, and billers globally. They're also merging their Bank and Merchant segments into a unified Payment Software unit for operational efficiency. Interestingly, ACIW is also preparing a new product called Kinetic, which is a cloud-native payments hub aimed at driving high-volume, real-time processing.
Albertsons Companies (ACI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Robert F. Kennedy Jr.'s health policies are expected to shift consumer preferences towards fresher, healthier foods, benefiting grocery stocks like Albertsons. Albertsons' diverse business model, attractive valuation, and focus on nutritious offerings align well with the anticipated health-focused consumer behavior shift. Despite the blocked Kroger merger, Albertsons' operational strengths and improved financial metrics, including increased revenue and free cash flow, make it a compelling investment.
Albertsons Companies said Monday (March 3) that CEO Vivek Sankaran will retire May 1 and will be succeeded by Executive Vice President and Chief Operations Officer Susan Morris, effective the same day. Morris will also join the Albertsons Cos.
PALOS PARK, IL — An Alsip man asked to leave the Palos Park Jewel-Osco last Thursday is accused of stealing an employee’s backpack and then punching the employee out in the parking lot. Around 10:11 p.m. Thursday, two men were reported fighting in the in parking lot out of Jewel, 9652 W. 131st Street. Palos police said when officers arrived, the 61-year old employee was bleeding from the face. The employee told police he was ending his shift at Jewel. He put his backpack down on the Jewel bench to clock out when he noticed his backpack had been taken from the bench. A fellow employee said a man, who had been asked to leave the store, had taken the man’s backpack from the bench inside the supermarket and left. Police said the employee caught up with the man kicked out of the store, identified as Jason L. Garza, of Alsip. The employee told Garza he had his backpack and wanted it back. Garza is alleged to have said, “You want your backpack,” before throwing it on the ground in the parking lot. As the employee went to pick up and grab his backpack, police said Garza attacked him, punching him several times in the face with a closed fist. Officers found Garza in the east end of the parking lot and tried to detain him. Police said Garza resisted and officers had to physically restrain Garza. Palos Fire Protection District paramedics were called, who transported Garza to Northwestern Medicine Palos Hospital for observation. Police said Garza made comments to paramedics about “wanting to hurt people” and yelling other derogatory comments to an Arab American officer. Garza was charged with misdemeanor theft, battery and resisting arrest. He is currently hospitalized, and the charges may be upgraded. According to Cook County court records, Garza has had 52 arrests.
Tariffs and currency headwinds are impacting costs and currency, making US retail and service-related stocks a nice hedge. Key stocks to consider include home improvement, grocery, automotive retail, and waste management. Hedging against tariff uncertainty should become a theme in years to come.