Albertsons CEO to step down after Kroger merger fails. What he says about grocer's future [Yahoo! Finance]
Albertsons Companies, Inc. Class A (ACI)
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Source: Yahoo! Finance
Vivek Sankaran , who has run the nation's second-largest traditional grocery company since September 2019, said he will retire effective May 1. “It has been a privilege to lead Albertsons Cos. through a critical period of evolution,” he said in a news release. He will be succeeded by Susan Morris , executive vice president and chief operations officer since 2018. Morris also will join the Albertsons Cos.' board of directors, replacing Sankaran, the company said. Albertsons Companies Inc. CEO Vivek Sankaran stands outside the company's Broadway Avenue store in Boise. The announcement Monday came the same day that Kroger's CEO, Rodney McMullen, resigned after an investigation by the Cincinnati grocery company's board into his “personal co
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News
- Albertsons Companies, Inc. (NYSE: ACI) had its price target raised by analysts at Royal Bank of Canada from $22.00 to $23.00. They now have an "outperform" rating on the stock.MarketBeat
- Albertsons Companies, Inc. (NYSE: ACI) had its price target raised by analysts at Evercore ISI from $21.00 to $22.00. They now have an "in-line" rating on the stock.MarketBeat
- Albertsons Companies, Inc. (NYSE: ACI) had its "outperform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $26.00 price target on the stock.MarketBeat
- Albertsons® Companies Announces New Goal to Enable 1.5 Billion Meals Across Local Communities by 2030Business Wire
- Albertsons Companies, Inc. (NYSE: ACI) had its "outperform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $26.00 price target on the stock.MarketBeat
ACI
Earnings
- 1/8/25 - Beat
ACI
Sec Filings
- 3/11/25 - Form 8-K
- 3/3/25 - Form 8-K
- 2/28/25 - Form 4
- ACI's page on the SEC website