Albertsons Companies Stock News

Hormel Foods' (HRL) first-quarter fiscal 2022 results reflect higher net sales and earnings driven by brand strength, higher pricing and continued recovery in the foodservice unit.

Management announced a "strategic review" of the company, which could mean a sale.

Management announced a "strategic review" of the company, which could mean a sale.

Publix released its 2021 fiscal year earnings on March 1. Here is how the private grocer stacks up against much larger grocers like Kroger and Albertsons.

Albertsons (ACI) gained 10% after the supermarket chain announced on Thursday that it was reviewing potential strategic alternatives."Potential suitors for ACI appear to be in the real…

Management announced a "strategic review" of the company, which could mean a sale.

Kimco's rents weren't hurt nearly as much as you would think for a retail REIT.

(Corrects headline to strategic “review”, from “options”) (Reuters) – Albertsons Cos Inc said on Monday it had started a review of potential strategic alternatives, including financial deals, nearly two years after the U.S. grocer went public. Shares in Albertsons, which last month posted a bigger-than-expected third-quarter profit, increased nearly 10% in extended trading. The review … Read More

Supermarket chain hasn’t set a timetable; the parent company of grocery chains Safeway and Jewel-Osco went public in 2020.

Shares in Albertsons, which last month posted a bigger-than-expected third-quarter profit, increased nearly 10% in extended trading.

Albertsons Cos. Inc. said late Monday its board is looking at "potential strategic alternatives aimed at enhancing Albertsons'' growth and maximizing shareholder value," including what the company described as "potential strategic or financial transactions" as well as "responding to inquiries." The grocery chain has hired Goldman Sachs and Credit Suisse to serve as financial advisers to assist in the review, it said. "The board believes the continuing strength of our business and the scale of our portfolio of assets warrants a deep and considered review of all possible paths towards maximizing value creation," board co-chair Chan Galbato said in a statement. Albertsons operates more than 2,270 stores in 34 states as well as "growing digital and omnichannel capabilities," the company said. No timetable has been set, and no decisions made, Albertsons said. The company said it won''t comment further until further disclosure "is appropriate or necessary." Shares of Albertsons rallied more than 9% in the extended session after the news.

Albertsons (ACI) stock jumped 7% postmarket after the grocery firm said its board commenced a review of potential strategic alternatives aimed at enhancing ACI''s growth and…

Albertsons Cos Inc said on Monday it had started a review of potential strategic alternatives, including financial deals, nearly two years after the U.S. grocer went public.

Albertsons Cos. Inc. ACI, -1.92% said late Monday its board is looking at "potential strategic alternatives aimed at enhancing Albertsons' growth and maximizing shareholder value," including what the

Kroger workers asking for $5 raise while CEO’s salary is 904 times the median employee wage After more than two years as essential workers on the frontlines of the Covid-19 pandemic, grocery store workers around the US are pressuring supermarket corporations to raise wages and improve working conditions amid record profits for the industry. Ahead of the expiration of their union contract, 60,000 grocery workers at subsidiaries of Kroger and Albertsons in California are holding actions outside stores, demanding at least a $5 wage increase over three years, improved safety and security for workers, improved staffing and eliminating the two-tier system of workers. Continue reading…