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Stock impact report

Albertsons Companies, Inc. Reports Second Quarter Fiscal 2024 Results

Albertsons Companies, Inc. Class A (ACI) 
US:NYSE Investor Relations: investor.archcoal.com
Company Research Source: Business Wire
BOISE, Idaho--(BUSINESS WIRE)--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 HighlightsIdentical sales increased 2.5%Digital sales increased 24%Loyalty members increased 15% to 43.0 millionNet income of $146 million, or $0.25 per shareAdjusted net income of $301 million, or $0.51 per shareAdjusted EBITDA of $901 million"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," said Vivek Sankaran, CEO. "We also drove strong year-over-year growth in our loyalty members and omnichannel shoppers, and accelerated growth in our Albertsons Media Collective. We want to thank our teams for their ongoing commitment to serving our customers and supporting the communities in which we operate."Sankaran added, "As we look ahead to the balance of fiscal 2024, w Show less Read more
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