Albertsons (ACI) Tops Q3 EPS by 5c, Updates Guidance

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Go back to Albertsons (ACI) Tops Q3 EPS by 5c, Updates Guidance

Albertsons Companies, Inc. Reports Third Quarter Fiscal 2024 Results

January 8, 2025 7:30 AM EST

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the third quarter of fiscal 2024, which ended November 30, 2024.

Third Quarter of Fiscal 2024 Highlights

Identical sales increased 2.0% Digital sales increased 23% Loyalty members increased 15% to 44.3 million Net income of $401 million, or $0.69 per share Adjusted net income of $420 million, or $0.71 per share Adjusted EBITDA of $1,065 million Increased quarterly common stock dividend by 25% to $0.15 per share

"We delivered solid operating and... More