Albertsons Companies, Inc. (ACI) Q3 2024 Earnings Call Transcript
Albertsons Companies, Inc. (NYSE:ACI ) Q3 2024 Earnings Call Transcript January 8, 2025 8:30 AM ET Company Participants Melissa Plaisance - SVP, IR, Treasury, and Risk Management Vivek Sankaran - CEO Sharon McCollam - President and CFO Conference Call Participants Ken Goldman - JPMorgan John Heinbockel - Guggenheim Partners Edward Kelly - Wells Fargo Rupesh Parikh - Oppenheimer Simeon Gutman - Morgan Stanley Mark Carden - UBS Leah Jordan - Goldman Sachs Robby Ohmes - Bank of America Scott Mushkin - R5 Capital Michael Montani - Evercore ISI Joe Feldman - Telsey Advisory Group Bill Kirk - ROTH Kelly Bania - BMO Capital Markets Chuck Cerankosky - Northcoast Research Jacob Aiken-Phillips - Melius Research Operator Welcome to the Albertsons Companies Third Quarter 2024 Earnings Conference Call, and thank you for standing by. All participants will be in a listen-only mode until the Q&A session.
Albertsons Companies (ACI) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Albertsons Companies (ACI) give a sense of how the business performed in the quarter ended November 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Albertsons profit beat overshadows a sales miss as it readies to go it alone
Albertsons Cos. Inc.'s stock rose 3.6% early Wednesday, after the grocery chain beat profit estimates for its fiscal third quarter, offsetting a small revenue miss.
Albertsons misses quarterly sales estimates
Albertsons missed third-quarter sales expectations on Wednesday, as intense competition from bigger retailers such as Walmart and Kroger offering heavy discounts and promotions hurt demand.
What Analysts Think of Albertsons Stock Ahead of Earnings
Albertsons (ACI) is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's proposed merger with Kroger (KR) fell apart last month after months of legal challenges.
Cramer's week ahead: nonfarm payrolls, PMI and earnings from Albertsons
CNBC's Jim Cramer on Friday walked investors through next week's market action, highlighting new economic data from the nonfarm payroll report and the latest purchasing managers' index, as well as earnings from grocery giant Albertsons. "It's a light week, but still impactful.
Insights Into Albertsons Companies (ACI) Q3: Wall Street Projections for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Albertsons Companies (ACI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended November 2024.
4 Consumer Product Stocks Gaining Attention Amid Industry Momentum
The Zacks Consumer Products - Staples industry participants thrive on innovation and digital growth, catering to evolving consumer preferences. Solid saving efforts keep KMB, CLX, ACI and OLLI well-placed amid cost challenges.
ACI vs. CLX: Which Stock Should Value Investors Buy Now?
Investors looking for stocks in the Consumer Products - Staples sector might want to consider either Albertsons Companies, Inc. (ACI) or Clorox (CLX). But which of these two stocks offers value investors a better bang for their buck right now?
Is Albertsons Companies (ACI) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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