Reported Q: Q3 2024 Rev YoY: +1.2% EPS YoY: +9.5% Move: -2.40%
Albertsons Companies Inc
ACI
$17.10 -2.40%
Exchange NYSE Sector Consumer Defensive Industry Grocery Stores
Q3 2024
Published: Jan 8, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for ACI

Reported

Report Date

Jan 8, 2025

Quarter Q3 2024

Revenue

18.77B

YoY: +1.2%

EPS

0.69

YoY: +9.5%

Market Move

-2.40%

Previous quarter: N/A

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Earnings Highlights

  • Revenue of $18.77B up 1.2% year-over-year
  • EPS of $0.69 increased by 9.5% from previous year
  • Gross margin of 27.9%
  • Net income of 400.60M
  • ""We are a stronger company today than pre-merger, and our operational initiatives affirm our confidence in future performance."" - Sharon McCollam
ACI
Albertsons Companies Inc

Executive Summary

For Q3 2024, Albertsons Companies Inc (ACI) posted a revenue of approximately $18.77 billion, reflecting a 1.17% increase YoY and a 1.20% increase QoQ. The net income stood at $400.6 million, showcasing a 10.85% YoY growth. The company's performance indicates solid management execution despite a cautious consumer environment and competitive pressures. Particularly notable was the 23% surge in digital sales, showcasing effective investment in e-commerce capabilities. Management underscored that while the merger was terminated, ongoing investments in their 'Customers for Life' strategy and digital platforms remain paramount.

Key Performance Indicators

Revenue
Increasing
18.77B
QoQ: 1.20% | YoY: 1.17%
Gross Profit
Increasing
5.25B
27.94% margin
QoQ: 2.44% | YoY: 0.94%
Operating Income
Decreasing
518.50M
QoQ: 77.57% | YoY: -19.39%
Net Income
Increasing
400.60M
QoQ: 175.33% | YoY: 10.85%
EPS
Increasing
0.69
QoQ: 176.00% | YoY: 9.52%

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