Reported Q: Q2 2024 Rev YoY: +1.4% EPS YoY: -45.7% Move: +2.72%
Albertsons Companies Inc
ACI
$17.77 2.72%
Exchange NYSE Sector Consumer Defensive Industry Grocery Stores
Q2 2024
Published: Oct 15, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for ACI

Reported

Report Date

Oct 15, 2024

Quarter Q2 2024

Revenue

18.55B

YoY: +1.4%

EPS

0.25

YoY: -45.7%

Market Move

+2.72%

Previous quarter: N/A

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $18.55B up 1.4% year-over-year
  • EPS of $0.25 decreased by 45.7% from previous year
  • Gross margin of 27.6%
  • Net income of 145.50M
  • ""Our team is adapting to the evolving consumer landscape, ensuring that we remain competitive in pricing and customer service."" - CEO
ACI
Albertsons Companies Inc

Swipe to view all report sections

Executive Summary

Albertsons Companies Inc. reported a challenging Q2 2024, with total revenue of $18.55 billion, marking a decrease of 23.55% from the previous quarter yet a slight increase of 1.43% year-over-year. While the gross profit rose to $5.12 billion representing a 1.58% year-over-year gain, operating income witnessed a significant decline of 37.29% compared to the prior year’s quarter. Management attributed this underperformance to the current inflationary environment and ongoing supply chain pressures. However, initiatives to enhance operational efficiency and customer experience were emphasized as means to navigate these turbulent market conditions.

Key Performance Indicators

Revenue
Increasing
18.55B
QoQ: -23.55% | YoY: 1.43%
Gross Profit
Increasing
5.12B
27.61% margin
QoQ: -24.00% | YoY: 1.58%
Operating Income
Decreasing
292.00M
QoQ: -36.47% | YoY: -37.29%
Net Income
Decreasing
145.50M
QoQ: -39.55% | YoY: -45.49%
EPS
Decreasing
0.25
QoQ: -40.48% | YoY: -45.65%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 19,123.70 0.55 +1.9% View
Q2 2025 18,915.80 0.30 +2.0% View
Q1 2025 24,880.80 0.41 +2.5% View
Q4 2024 18,799.50 0.29 +2.5% View
Q3 2024 18,774.50 0.69 +1.2% View
Q2 2024 18,551.50 0.25 +1.4% View