Albertsons Companies, Inc. (ACI) Q4 2024 Earnings Call Transcript
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 Sales Grow on Boost From Pharmacy Business
Albertsons saw its top-line figure increase in the latest quarter as its pharmacy business powered identical sales growth.
Stay Ahead of the Game With Albertsons Companies (ACI) Q4 Earnings: Wall Street's Insights on Key Metrics
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.
Bullish On ACI Worldwide's Innovating Bet In Global Payments
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) Soars 5.3%: Is Further Upside Left in the Stock?
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.
Albertsons: A Compelling Buy Amid Legal Battles And Market Shifts
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 Says CEO Vivek Sankaran to Retire May 1
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.
Alsip Man Charged In Fight Outside Palos Park Jewel
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.
Trump's New Tariffs: Top U.S.-Centric Stocks Amid Escalating Trade Tensions
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.
ACI Worldwide: The Future Has Never Looked So Bright
ACI Worldwide is a mature player in the digital payments market, with a stock appreciation of over 75% in the past year. ACIW's business model supports over 6,000 organizations globally, with significant revenue growth in banking and merchant segments, and 66.7% of revenues being recurring. Despite external risks like currency fluctuations, ACIW's strong financial performance and promising US market position justify a buy rating and a $61.8 stock price target.
Albertsons' Q3 Earnings Beat Estimates, Digital Sales Rise 23% Y/Y
ACI's third-quarter fiscal 2024 results highlight strong year-over-year growth in digital sales, pharmacy operations and membership in its loyalty program.
Albertsons Doubles Down on Digital; Eyes Growth Despite Merger Setback
Under CEO Vivek Sankaran, Albertsons has invested heavily in digital transformation, customer engagement, and operational efficiency. Even after the halt of the proposed merger with Kroger, the company remained committed to expanding its digital capabilities, improving customer experiences and positioning itself for long-term growth.
