Company

Albertsons Companies, Inc.

Headquarters: Boise, ID, United States

Founded: July 21, 1939

Employees: 300,000

CEO: Mr. Vivek Sankaran

NYSE: ACI -0.26%

Market Cap

$13.08 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

Albertsons Companies, Inc. is a retail company operating a number of supermarkets and grocery stores. Founded in 1939, it now manages more than 2,200 stores through a number of brands including Safeway, Albertsons, Acme Markets, Jewel-Osco, Shaw's, Vons, and many more. Besides, Albertsons also owns a number of private-label brands for products in fresh and frozen food, soft drinks, decoration, hygiene, pet food, value-priced items, and more.

Albertsons Companies, Inc. market capitalization over time

Evolution of Albertsons Companies, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Albertsons Companies, Inc.

Detailed Description

Albertsons Companies, Inc., through its subsidiaries, engages in the operation of food and drug stores in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. As of February 27, 2021, it operated 2,277 stores under various banners, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and Balducci's Food Lovers Market; and 1,727 pharmacies, 1,313 in-store branded coffee shops, 400 adjacent fuel centers, 22 distribution centers, and 20 manufacturing facilities, as well as various digital platforms. The company was founded in 1860 and is headquartered in Boise, Idaho. Albertsons Companies, Inc. is a subsidiary of Albertsons Investor Holdings LLC.

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Stocks & Indices

Albertsons Companies, Inc. has the following listings and related stock indices.


Stock: NYSE: ACI wb_incandescent

Stock: XETR: 27S wb_incandescent

Product & Services

Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor, Supermarket

Key People

Founder(s): Joe Albertson

Jim Donald (Co-Chairman) Leonard Laufer (Co-Chairman) B. Kevin Turner (Vice Chairman) Vivek Sankaran (President & CEO)

Financials

Revenue: US$62.455 billion (2020)

Operating income: US$1.437 billion (2020)

Net income: US$466.4 million (2020)


Total assets: US$24.735 billion (2020)

Total equity: US$2.278 billion (2020)

Details

Headquarters:

250 Parkcenter Boulevard

Boise, ID 83706

United States

Phone: 208 395 6200