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Albertsons Companies Q3 2023 Earnings Report

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$22.12 -0.04 (-0.16%)
Closing price 07/14/2025 03:59 PM Eastern
Extended Trading
$22.22 +0.10 (+0.45%)
As of 07/14/2025 07:58 PM Eastern
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Albertsons Companies EPS Results

Actual EPS
$0.79
Consensus EPS
$0.65
Beat/Miss
Beat by +$0.14
One Year Ago EPS
$0.82

Albertsons Companies Revenue Results

Actual Revenue
$18.56 billion
Expected Revenue
$18.36 billion
Beat/Miss
Beat by +$194.93 million
YoY Revenue Growth
+2.20%

Albertsons Companies Announcement Details

Quarter
Q3 2023
Time
Before Market Opens
Conference Call Date
Tuesday, January 9, 2024
Conference Call Time
7:00AM ET

Upcoming Earnings

Albertsons Companies' Q1 2025 earnings is scheduled for Tuesday, July 15, 2025, with a conference call scheduled at 8:30 AM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Albertsons Companies Earnings Headlines

Presidential Bombshell: $150T Resource to Be Released as soon as this Summer?
Something extraordinary is happening in Washington. For the first time in over a century, a sitting President could release a national treasure that's been tied up in red tape, for generations. I'm talking about a $150 trillion American asset that's scattered across all 50 states. While the mainstream media focuses on political theater, this story is quietly developing behind closed doors.
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About Albertsons Companies

Albertsons Companies (NYSE:ACI) operates as one of the largest food and drug retailers in the United States, providing a broad array of grocery products and related services. Through its network of supermarkets and neighborhood stores, the company offers fresh produce, meat and seafood, deli and bakery items, and a variety of household goods under well-known banners such as Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Randalls, Tom Thumb, United, and Haggen. The company also features in-store pharmacies, fuel centers, and specialty departments to meet consumer demand for convenience and one-stop shopping.

In addition to traditional brick-and-mortar operations, Albertsons Companies has invested in digital capabilities and omnichannel fulfillment solutions. Customers can order groceries and household essentials online for home delivery, curbside pickup, or in-store collection. The company’s private-label brands, including Signature SELECT, O Organics, and Lucerne, complement national brands and aim to deliver value through quality, variety, and competitive pricing. Albertsons Companies continues to enhance its supply chain and in-store technologies to improve efficiency, reduce waste, and offer a seamless shopping experience.

Founded in 1939 by Joe Albertson in Boise, Idaho, the company went public in 1959 and expanded through organic growth and strategic acquisitions. In 2015, Albertsons merged with Safeway, significantly broadening its footprint across 34 states and the District of Columbia. Over the decades, the company has integrated complementary businesses and adapted its store formats to reflect evolving consumer preferences. Today’s network of approximately 2,200 stores serves urban, suburban and rural communities, with a focus on neighborhood-oriented service and local market engagement.

Leadership at Albertsons Companies comprises a team of experienced retail and consumer goods executives. Since February 2020, Vivek Sankaran has served as President and Chief Executive Officer, guiding the company’s strategy toward digital transformation, customer personalization, and operational excellence. Under his stewardship, Albertsons has pursued partnerships and innovations aimed at enhancing customer loyalty, expanding private-label penetration, and advancing sustainability initiatives across its store operations and supply chain.

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