Albertsons Companies(ACI)

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Will Bulls Continue to Run? 5 Stock Market Predictions for 2025
ZACKS· 2024-12-11 19:31
Group 1: Small Caps vs Large Caps - Small-cap stocks are expected to outperform large-cap stocks in 2025 due to the impact of tariffs and a long-term technical breakout [1][2][3] Group 2: Market Corrections - A 10% pullback in the stock market is anticipated in the first half of the year, as profit-taking is common even in strong bull markets [5][6] Group 3: Mergers and Acquisitions (M&A) - The M&A environment is expected to change dramatically with the new administration, which may adopt a more lenient approach towards mergers, particularly for mid and small-cap companies [7][8][9] Group 4: Bull Market Trends - The S&P 500 Index is projected to gain more than 10%, continuing the momentum of the bull market, which typically lasts around four years [10] Group 5: IPO Market - A significant increase in the IPO market is anticipated, especially in the quantum computing and AI sectors, following a recovery in 2024 [13][14]
3 Ultra-Cheap Dividend Stocks to Buy in December
The Motley Fool· 2024-12-05 09:41
If you're concerned about rising valuations in the stock market or just want some reliable income for your portfolio, now may be an optimal time to load on dividend stocks, many of which are looking incredibly cheap. While growth investors have largely looked past dividend stocks this year, the good news is that if you're targeting these types of investments right now, you don't have to look far to find some good deals.Three stocks that pay you more than the S&P 500 average yield of 1.2% and which are tradi ...
Tax Fight With Clarendon Hills Appears Over
Hinsdale· 2024-11-25 10:04
Schools Tax Fight With Clarendon Hills Appears Over A Hinsdale District 86 official called the new tax district "pretty fantastic." Clarendon Hills' proposal for a downsized tax district along 55th Street got a good reception at Thursday's meeting of the Hinsdale High School District 86 board. (David Giuliani/Patch) HINSDALE, IL – Hinsdale High School District 86 officials sounded satisfied Thursday with a downsized tax district in Clarendon Hills. For months, the district had opposed a larger tax increment ...
Shares of Companies with Big Merger Plans Jump After Trump Election
Investopedia· 2024-11-06 20:25
Key TakeawaysShares of companies with large mergers got a boost Wednesday after Donald Trump won the U.S. presidential election. Trump campaigned on a platform that included cutting government regulation.The outcome of the vote lifted optimism that the Discover-Capital One and Kroger-Albertsons deals will be completed. It may also have lifted shares of Cleveland-Cliffs, which has tried to acquire U.S. Steel. Donald Trump's re-election and his call to cut government regulation on Wednesday helped boost shar ...
Albertsons Q2 Earnings Beat Estimates, Loyalty Members Rise 15% Y/Y
ZACKS· 2024-10-16 17:40
Albertsons Companies, Inc. (ACI) reported second-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. While net sales increased, earnings decreased from the year-ago period. We note that ACI remains focused on its "Customers for Life" strategy, which fueled growth in both digital sales and pharmacy operations. The company also achieved year-over-year increases in loyalty members and omnichannel shoppers, alongside accelerated growth in the Albertsons Media Collect ...
Albertsons Sees 24% Growth in Digital Sales Amid Expanded Offerings
PYMNTS.com· 2024-10-15 22:33
Albertsons Companies saw its digital sales increase 24% during a quarter in which its identical store sales increased 2.5%. During the quarter ended Sept. 7, the food and drug retailer also reported a 15% increase in its loyalty members, bringing the total to 43 million, according to a Tuesday (Oct. 15) earnings release. "In the second quarter of fiscal 2024, investments in our Customers for Life strategy continued to drive strong growth in our digital sales and pharmacy operations," Vivek Sankaran, CEO of ...
Compared to Estimates, Albertsons Companies (ACI) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-10-15 15:00
For the quarter ended August 2024, Albertsons Companies, Inc. (ACI) reported revenue of $18.55 billion, up 1.4% over the same period last year. EPS came in at $0.51, compared to $0.63 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $18.45 billion, representing a surprise of +0.55%. The company delivered an EPS surprise of +6.25%, with the consensus EPS estimate being $0.48.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...
Albertsons Companies(ACI) - 2025 Q2 - Quarterly Report
2024-10-15 12:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 7, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-39350 Albertsons Companies, Inc. (Exact name of registrant as specified in its charter) Delaware 47-4376911 (State or other ...
Albertsons Companies(ACI) - 2025 Q2 - Quarterly Results
2024-10-15 12:31
Albertsons Companies, Inc. Reports Second Quarter Fiscal 2024 Results Boise, ID - October 15, 2024 Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the second quarter of fiscal 2024, which ended September 7, 2024. Second Quarter of Fiscal 2024 Highlights • Identical sales increased 2.5% • Digital sales increased 24% • Loyalty members increased 15% to 43.0 million • Net income of $146 million, or $0.25 per share • Adjusted net income of $301 million, or $0.51 per share • Adju ...
Albertsons Companies (ACI) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2024-10-10 14:20
Wall Street analysts expect Albertsons Companies, Inc. (ACI) to post quarterly earnings of $0.48 per share in its upcoming report, which indicates a year-over-year decline of 23.8%. Revenues are expected to be $18.47 billion, up 1% from the year-ago quarter.The current level reflects an upward revision of 2.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Befo ...