Evercore on Albertsons (ACI): 'Cultivating Customers; Cost/Macro Headwinds Remain'

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Albertsons Companies Inc. (ACI) PT Lowered to $22 at RBC Capital

April 23, 2024 6:09 AM EDT

RBC Capital analyst Steven Shemesh lowered the price target on Albertsons Companies Inc. (NYSE: ACI) to $22.00 (from $23.00) while maintaining a Outperform rating.

The analyst comments "We revise our 2024 ID sales estimate to +0.8% (~flat prior) based on our expectation for continued pharmacy momentum... More

Albertsons (ACI) Tops Q4 EPS by 2c

April 22, 2024 9:03 AM EDT

Albertsons (NYSE: ACI) reported Q4 EPS of $0.54, $0.02 better than the analyst estimate of $0.52. Revenue for the quarter came in at $18.3 billion versus the consensus estimate of $18.45 billion.

For earnings history and earnings-related data on Albertsons (ACI) click here.

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Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan

April 22, 2024 8:31 AM EDT

The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) announced today that they have amended their definitive agreement with C&S Wholesale Grocers, LLC (C&S) for the sale of assets in connection with their... More