Albertsons Companies Inc. (NYSE: ACI)
Grocery Stores · Boise, ID, United States · Founded 1939
- Market capitalization: $12.0 billion
- Annual revenue: $83.17 billion
- Net income: $0.22 billion
- Employees: 290,000
- Sector: Consumer Defensive
- Headquarters: Boise, United States
- Founded: 1939
Source: Statvoo company profile for Albertsons Companies Inc.. Browse all 500+ companies
Albertsons Companies is the second-largest supermarket chain in the United States, operating over 2,200 stores under banners including Albertsons, Safeway, Vons, Jewel-Osco, and Shaw's. The company also runs a large pharmacy business and a growing e-commerce operation. Albertsons has been through multiple ownership changes, including a leveraged buyout by Cerberus Capital Management.
Albertsons earns revenue from grocery retail sales, pharmacy operations, and fuel centers. The company has invested in digital capabilities and delivery partnerships to compete with Walmart and Amazon in online grocery.
Joe Albertson opened the first Albertsons store in Boise, Idaho in 1939. The company was taken private by Cerberus Capital in 2006 and went public again in 2020. The proposed merger with Kroger, announced in 2022, would have created a grocery giant but was blocked by the FTC, leaving Albertsons to pursue its standalone strategy.
| Market Capitalization | $12.0B |
| Annual Revenue | $83.17B |
| Net Income | $0.22B |
| Profit Margin | 0% |
| Revenue per Employee | $286793K |
| Stock Exchange | NYSE |
| Ticker Symbol | ACI |
Financial data is approximate and based on most recent annual filings.
Albertsons operates under 20 different banner names across the US—many shoppers don't realize their local grocery store is an Albertsons property. The company's Signature Select private-label brand generates billions in annual revenue.
With the Kroger merger dead, Albertsons must prove it can compete independently against Walmart, Costco, and Amazon. The company has the scale and brands to survive, but the path to meaningful earnings growth as a standalone entity is narrower than bulls would like.
What is Albertsons Companies Inc.'s revenue?
Albertsons Companies Inc. generates approximately $83.17 billion in annual revenue.
How many employees does Albertsons Companies Inc. have?
Albertsons Companies Inc. employs approximately 290,000 people worldwide.
What is Albertsons Companies Inc.'s market cap?
Albertsons Companies Inc. (ACI) has a market capitalization of approximately $12.0 billion on the NYSE.
When was Albertsons Companies Inc. founded?
Albertsons Companies Inc. was founded in 1939 and is headquartered in Boise, ID, United States.
Who is the CEO of Albertsons Companies Inc.?
Vivek Sankaran is the current CEO of Albertsons Companies Inc..
What is Albertsons Companies Inc.'s website?
Albertsons Companies Inc.'s official website is albertsonscompanies.com.
| CEO | Vivek Sankaran |
| Sector | Consumer Defensive |
| Industry | Grocery Stores |
| Founded | 1939 |
| HQ | Boise, ID |
| Country | United States |
| Website | albertsonscompanies.com |
See traffic, security, and technical data for Albertsons Companies Inc.'s website:
📊 albertsonscompanies.com stats 📋 WHOIS 🌐 DNS 🔒 SSL