Albertsons (ACI) tops consensus estimates despite challenging backdrop
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Go back to Albertsons (ACI) tops consensus estimates despite challenging backdrop
January 9, 2024 8:30 AM EST
BOISE, Idaho--(BUSINESS WIRE)--
Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the third quarter of fiscal 2023, which ended December 2, 2023.
Third Quarter of Fiscal 2023 Highlights
Identical sales increased 2.9%
Digital sales increased 21%
Loyalty members increased 17% to 38.5 million
Net income of $361 million, or $0.62 per share
Adjusted net income of $462 million, or $0.79 per share
Adjusted EBITDA of $1,107 million
"We delivered another solid quarter amidst a challenging economic backdrop," said... More
January 9, 2024 8:25 AM EST
BOISE, Idaho--(BUSINESS WIRE)--
Albertsons Companies, Inc. (NYSE: ACI) (the Company) today announced its Board of Directors has declared a cash dividend for the fourth quarter of fiscal 2023 of $0.12 per share of common stock. The cash dividend is payable on February 9, 2024 to stockholders of record as of the close of business on January 26, 2024.
About Albertsons Companies
Albertsons Companies is a leading food and drug retailer in the United States. As of December 2, 2023, the Company operated 2,271 retail food and drug stores with 1,726 pharmacies, 401 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing... More
