Albertsons Companies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 04, 2021
January 11, 2022 at 07:30 am EST
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Albertsons Companies, Inc. reported earnings results for the third quarter and nine months ended December 04, 2021. For the third quarter, the company reported sales was USD 16,728.4 million compared to USD 15,408.9 million a year ago. Net income was USD 424.5 million compared to USD 123.7 million a year ago. Basic earnings per share from continuing operations was USD 0.78 compared to USD 0.21 a year ago. Diluted earnings per share from continuing operations was USD 0.74 compared to USD 0.2 a year ago.
For the nine months, sales was USD 54,503.5 million compared to USD 53,918.1 million a year ago. Net income was USD 1,164.5 million compared to USD 994.4 million a year ago. Basic earnings per share from continuing operations was USD 1.97 compared to USD 1.78 a year ago. Diluted earnings per share from continuing operations was USD 1.95 compared to USD 1.71 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 2,271 stores across 34 states and the District of Columbia under 24 banners including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, Market Street, Haggen, Kings Food Markets and Balducci's Food Lovers Market. The Company operates approximately 1,722 pharmacies, 1,328 in-store branded coffee shops, 401 associated 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. 
