Albertsons (ACI) Reports Q2 EPS of $1.35

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Go back to Albertsons (ACI) Reports Q2 EPS of $1.35

Albertsons Companies, Inc. Reports First Quarter Results

July 27, 2020 7:30 AM EDT

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the first quarter of fiscal 2020, which ended June 20, 2020.

First Quarter of Fiscal 2020 Highlights

Identical sales growth of 26.5% Digital sales growth of 276% Diluted net income per share of $1.00; Adjusted net income per share of $1.35 Net income of $586 million Adjusted EBITDA of $1.7 billion, an increase of 93% compared to the first quarter last year COVID-19 related investments of approximately $615 million to support and protect our... More