Senator Elizabeth Warren and Congressman Adam Schiff have called on the FTC and the Department of Agriculture to investigate Albertsons and other large grocery chains for potential unfair pricing.
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The multitude of court cases surrounding Kroger Co.’s efforts to acquire rival Albertsons Cos. Inc. for $24.6 billion are finally coming to a close. But there are more steps to come. STORY ...
Albertsons (NYSE:ACI) rose 3% after Wells Fargo raised its rating to overweight as the firm sees a "compelling value opportunity" as the resolution of its sale to Kroger (KR) nears its conclusion.
Albertsons' identical sales increased 2.5%, with digital sales up 24%, while lower fuel sales offset overall gains. CEO Vivek Sankaran highlighted headwinds from wage investments, lower-margin ...
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings. The Boise, Idaho-based company had net ...
Kroger operates as King Soopers and City Market and Albertsons as Safeway in Colorado ... and worker unions have criticized the proposed sale, viewing C&S as a weak buyer that won’t survive ...
Albertsons Companies, Inc. ACI reported second-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. While net sales increased, earnings decreased from ...
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies ... partially offset by $9.4 million of gains from the sale of real estate assets. Interest expense, net was $103.6 million during the second ...
Kelly Bania, an analyst from BMO Capital, maintained the Hold rating on Albertsons Companies (ACI – Research Report). The associated price target is $19.00. Kelly Bania has given his Hold rating ...
Two top Kroger Co. executives took the stand Monday in the Denver District Court antitrust trial seeking to block the grocer’s $24.6 billion merger with Albertsons Cos., arguing the combination ...