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BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies and Albertsons Companies Foundation announced significant advancements in the company's mission to help end the cycle of hunger.
Kroger (KR) and Albertsons (ACI) stock have hovered near 52-week highs with both acting as a defensive hedge against recent market volatility.
Albertsons Companies (ACI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Robert F. Kennedy Jr.'s health policies are expected to shift consumer preferences towards fresher, healthier foods, benefiting grocery stocks like Albertsons. Albertsons' diverse business model, attractive valuation, and focus on nutritious offerings align well with the anticipated health-focused consumer behavior shift. Despite the blocked Kroger merger, Albertsons' operational strengths and improved financial metrics, including increased revenue and free cash flow, make it a compelling investment.
Albertsons Companies said Monday (March 3) that CEO Vivek Sankaran will retire May 1 and will be succeeded by Executive Vice President and Chief Operations Officer Susan Morris, effective the same day. Morris will also join the Albertsons Cos.
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, announced financial results today for the quarter and full year ended December 31, 2024. "We are proud to have finished 2024 with stronger results than we expected across our key financial metrics, and that strength has continued as we start 2025. In 2024, we grew revenue 10%, increased adjusted EBITDA margin by more than 300 basis points to 41%, and more than doubled our cash flow t.
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. announces changes to Board of Directors today.
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. announced its intention to offer $600 million in aggregate principal amount of new senior notes due 2033.
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, announced today that it will report its financial results for the fourth quarter and full year 2024 on Thursday, February 27, 2025. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ or use the following number for dial-in participation: toll-f.
OMAHA, Neb. & LONDON--(BUSINESS WIRE)--ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, has announced the extension of its fintech partnership ecosystem through an alliance with Banfico, a leading fintech specializing in regulatory technology, global account verification and Open Banking solutions. ACI processes account-to-account payments for hundreds of PSPs in Europe and the UK with market-leading instant payments solutions. Through the partnership with Banfi.