Albertsons Companies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 03, 2022
January 10, 2023 at 08:35 am
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Albertsons Companies, Inc. reported earnings results for the third quarter and nine months ended December 03, 2022. For the third quarter, the company reported sales was USD 18,154.9 million compared to USD 16,728.4 million a year ago. Net income was USD 375.5 million compared to USD 424.5 million a year ago. Basic earnings per share from continuing operations was USD 0.2 compared to USD 0.78 a year ago. Diluted earnings per share from continuing operations was USD 0.2 compared to USD 0.74 a year ago.
For the nine months, sales was USD 59,384.6 million compared to USD 54,503.5 million a year ago. Net income was USD 1,202.4 million compared to USD 1,164.5 million a year ago. Basic earnings per share from continuing operations was USD 1.74 compared to USD 1.97 a year ago. Diluted earnings per share from continuing operations was USD 1.72 compared to USD 1.95 a year ago.
Albertsons Companies, Inc. is a food and drug retailer in the United States. The Company is engaged in the operation of food and drug retail stores that offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel and other items and services in its stores or through digital channels. The Company operates approximately 2,269 stores across 34 states and the District of Columbia under 20 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 others. The Company operates approximately 1,725 pharmacies, 1,336 in-store branded coffee shops, 402 adjacent fuel centers, 22 dedicated distribution centers, 19 manufacturing facilities and various digital platforms. Its own brands include Signature SELECT, Open Nature, Signature Cafe, Lucerne, Waterfront BISTRO, Primo Taglio, Signature Care, Signature Reserve and Value Corner.
ALBERTSONS COMPANIES, INC. 
