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Albertsons Companies, Inc. (ACI)

NYSE - NYSE Delayed Price. Currency in USD
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20.28-0.22 (-1.07%)
At close: 04:00PM EST
20.25 -0.03 (-0.15%)
Pre-Market: 06:42AM EST
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Trade prices are not sourced from all markets
Previous Close20.50
Open20.41
Bid0.00 x 3200
Ask0.00 x 1100
Day's Range20.21 - 20.52
52 Week Range19.14 - 23.88
Volume5,789,378
Avg. Volume3,543,993
Market Cap11.682B
Beta (5Y Monthly)0.35
PE Ratio (TTM)8.63
EPS (TTM)2.35
Earnings DateApr 09, 2024 - Apr 15, 2024
Forward Dividend & Yield0.48 (2.37%)
Ex-Dividend DateJan 25, 2024
1y Target Est24.94
  • CNN Business

    US government sues to block largest supermarket merger in history

    The Federal Trade Commission on Monday sued to block the $25 billion deal between Kroger and Albertsons, alleging the largest supermarket merger in US history would lead to higher prices, store closures and job losses.

  • Yahoo Finance Video

    Kroger, Albertsons competition is 'a good thing': Nevada AG

    The Federal Trade Commission, alongside a coalition of state attorneys general, filed a lawsuit seeking to block Kroger's (KR) proposed $24.6 billion acquisition of Albertsons (ACI). Nevada Attorney General Aaron Ford, one of the attorneys suing, joined Yahoo Finance Live to discuss his concerns about the merger. Ford says the deal heightened worries around "power pricing for groceries," "employee wages and benefits", and potential store closures that could reduce competition in local markets. He notes the current price competition between Kroger and Albertsons is "a good thing" that would disappear in a merger. In Nevada specifically, Ford adds, some consumers already drive long distances for groceries. Store closures from the deal could create "food deserts" in rural areas. He also references surveys showing shoppers worry prices would rise if the chains combined. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

  • Reuters

    Analysis-What Walmart may gain from FTC's Kroger-Albertsons lawsuit

    NEW YORK (Reuters) -The Federal Trade Commission's bid to block grocer Kroger's $25 billion acquisition of Albertsons could benefit Walmart, a rival whose close relationships with suppliers already gives it a price advantage over other chains, investors, consultants and analysts said. Overall Walmart had a 24% share of the U.S. grocery market in 2022, according to CFRA Research. Walmart intends to focus on keeping its grocery prices as low as possible, a move that its executives said on an earnings call helps Walmart continue to draw shoppers into its 4,700 U.S. stores.