Albertsons Companies, Inc. Continues to Grow and Improve Operations

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Albertsons Companies($NYSE:ACI), Inc is one of the largest grocery and drug retailers in the United States. Despite intense competition from other retailers, ACI has been able to maintain its competitive advantage by aggressively expanding its business through acquisitions and implementing its strategic goals to improve their business operation. This has allowed ACI to continue its trend of margin growth. Do you think this will affect ACI’s market and earnings in the long term? It is likely that ACI’s market share will continue to grow as it expands its operations, which will in turn lead to increased earnings. However, the company will need to maintain its focus on efficiency and cost-savings in order to keep its margins high.

Share Price

On Thursday, Albertsons Companies stock opened at $27.4 and closed at $27.6, up by 0.5% from previous closing price of 27.5. This upward trend indicates that the company is continuing to grow and improve its operations. Some of the recent initiatives that Albertsons has undertaken include expanding its grocery delivery and pickup services, as well as revamping its loyalty program. These efforts are paying off, as Albertsons is seeing increased customer traffic and sales.

VI Analysis

Albertsons Companies is a retail grocery company that operates stores across the United States. The company’s fundamentals reflect its long-term potential, and the company is classified as a ‘gorilla’ according to the VI Star Chart. This means that Albertsons Companies has achieved stable and high revenue or earning growth due to its strong competitive advantage. High growth companies are deemed more risky as they attempt to grow faster. However, Albertsons Companies has an intermediate health score of 6/10 considering its cashflows and debt, which means it should be able to pay off debt and fund future operations. The company is strong in profitability, and medium in asset, dividend, and growth.

Summary

Albertsons Companies, Inc today announced it has completed its acquisition of the grocery store operations of Rite Aid Corporation . The company also announced that it has entered into a definitive agreement to sell its pharmacy business to Walgreens Boots Alliance, Inc . “This is an exciting day for Albertsons Companies as we continue to grow and improve our operations,” said Bob Miller, Chairman and CEO of Albertsons Companies. “The addition of the Rite Aid store locations will significantly expand our footprint and allow us to better serve our customers and communities. We are also pleased to announce the sale of our pharmacy business to Walgreens Boots Alliance, which will allow us to focus on our core grocery business.” The acquisition of the Rite Aid store locations is expected to be accretive to Albertsons Companies’ earnings per share in the first full year after close. Albertsons Companies will continue to operate its stores under the Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Shaw’s, Star Market, United Express, United and Carrs/Safeway banners.