Albertsons Companies, Inc. Files 10-Q for Period Ending December 2, 2023

Ticker: ACI · Form: 10-Q · Filed: 2024-01-09T00:00:00.000Z

Sentiment: neutral

Topics: Albertsons, 10-Q, Quarterly Report, Grocery Retail, Financial Filing

TL;DR

<b>Albertsons Companies, Inc. filed its quarterly report (10-Q) on January 9, 2024, detailing financial information for the period ending December 2, 2023.</b>

AI Summary

Albertsons Companies, Inc. (ACI) filed a Quarterly Report (10-Q) with the SEC on January 9, 2024. Albertsons Companies, Inc. filed a 10-Q report for the period ending December 2, 2023. The filing covers the third quarter of fiscal year 2023. The company's principal business is grocery store retail. The filing was made on January 9, 2024. The company is incorporated in Delaware.

Why It Matters

For investors and stakeholders tracking Albertsons Companies, Inc., this filing contains several important signals. This filing provides investors with the latest financial performance and operational details of Albertsons Companies, Inc. for the third quarter of fiscal year 2023. As a major grocery retailer, Albertsons' financial health and operational updates are crucial for understanding its position within the retail sector and its ability to navigate market conditions.

Risk Assessment

Risk Level: low — Albertsons Companies, Inc. shows low risk based on this filing. The risk is low as this is a standard quarterly filing (10-Q) providing routine financial updates, not indicating any immediate or significant adverse events.

Analyst Insight

Monitor future filings for detailed financial results, including revenue, net income, and any changes in debt or cash positions, to assess ongoing performance.

Key Numbers

2023-12-02 — Period End Date (Conformed period of report)
2024-01-09 — Filing Date (Filed as of date)
2023 — Fiscal Year (Fiscal year end)
5411 — SIC Code (Standard Industrial Classification)

Key Players & Entities

Albertsons Companies, Inc. (company) — Filer name
2023-12-02 (date) — Conformed period of report
2024-01-09 (date) — Filed as of date
2023-02-26 (date) — Fiscal year start date
0224 (date) — Fiscal year end
DE (jurisdiction) — State of incorporation
208-395-6200 (phone_number) — Business phone
001-39350 (sec_file_number) — SEC file number

Forward-Looking Statements

Albertsons will likely maintain its current capital structure without issuing new preferred stock in the near term. (Albertsons Companies, Inc.) — medium confidence, target: 2024-06-30

FAQ

When did Albertsons Companies, Inc. file this 10-Q?

Albertsons Companies, Inc. filed this Quarterly Report (10-Q) with the SEC on January 9, 2024.

What is a 10-Q filing?

A 10-Q is a quarterly financial report with unaudited financials, management discussion, and interim business updates. This particular 10-Q was filed by Albertsons Companies, Inc. (ACI).

Where can I read the original 10-Q filing from Albertsons Companies, Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Albertsons Companies, Inc..

What are the key takeaways from Albertsons Companies, Inc.'s 10-Q?

Albertsons Companies, Inc. filed this 10-Q on January 9, 2024. Key takeaways: Albertsons Companies, Inc. filed a 10-Q report for the period ending December 2, 2023.. The filing covers the third quarter of fiscal year 2023.. The company's principal business is grocery store retail..

Is Albertsons Companies, Inc. a risky investment based on this filing?

Based on this 10-Q, Albertsons Companies, Inc. presents a relatively low-risk profile. The risk is low as this is a standard quarterly filing (10-Q) providing routine financial updates, not indicating any immediate or significant adverse events.

What should investors do after reading Albertsons Companies, Inc.'s 10-Q?

Monitor future filings for detailed financial results, including revenue, net income, and any changes in debt or cash positions, to assess ongoing performance. The overall sentiment from this filing is neutral.

How does Albertsons Companies, Inc. compare to its industry peers?

Albertsons Companies, Inc. operates in the grocery store retail sector. This filing provides insights into its performance within this competitive industry.

Are there regulatory concerns for Albertsons Companies, Inc.?

The filing is a standard 10-Q, which is a quarterly report required by the SEC for publicly traded companies to provide updates on their financial condition.

Industry Context

Albertsons Companies, Inc. operates in the grocery store retail sector. This filing provides insights into its performance within this competitive industry.

Regulatory Implications

The filing is a standard 10-Q, which is a quarterly report required by the SEC for publicly traded companies to provide updates on their financial condition.

What Investors Should Do

Review the full 10-Q filing for detailed financial statements and management's discussion and analysis.
Compare the reported period's financial metrics against previous quarters and the same period last year.
Analyze any disclosed risk factors or legal proceedings that may impact the company's future operations.

Key Dates

2023-12-02: Period End Date — End of the reporting period for the 10-Q filing.
2024-01-09: Filing Date — Date the 10-Q report was officially filed with the SEC.

Year-Over-Year Comparison

This is a 10-Q filing, which is a routine quarterly report. Specific comparative data from the previous filing (likely a 10-Q or 10-K) would be needed to assess changes.

From the Filing

0001646972-24-000009.txt : 20240109 0001646972-24-000009.hdr.sgml : 20240109 20240109161402 ACCESSION NUMBER: 0001646972-24-000009 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 53 CONFORMED PERIOD OF REPORT: 20231202 FILED AS OF DATE: 20240109 DATE AS OF CHANGE: 20240109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Albertsons Companies, Inc. CENTRAL INDEX KEY: 0001646972 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0224 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-39350 FILM NUMBER: 24523417 BUSINESS ADDRESS: STREET 1: 250 PARKCENTER BLVD. CITY: BOISE STATE: ID ZIP: 83706 BUSINESS PHONE: 208-395-6200 MAIL ADDRESS: STREET 1: 250 PARKCENTER BLVD. CITY: BOISE STATE: ID ZIP: 83706 10-Q 1 aci-20231202.htm 10-Q aci-20231202 0001646972 2/24 2023 Q3 false 0001646972 2023-02-26 2023-12-02 0001646972 2024-01-05 xbrli:shares 0001646972 2023-12-02 iso4217:USD 0001646972 2023-02-25 0001646972 us-gaap:SeriesAPreferredStockMember 2023-12-02 iso4217:USD xbrli:shares 0001646972 us-gaap:SeriesAPreferredStockMember 2023-02-25 0001646972 aci:SeriesA1ConvertiblePreferredStockMember 2023-02-25 0001646972 aci:SeriesA1ConvertiblePreferredStockMember 2023-12-02 0001646972 aci:UndesignatedPreferredStockMember 2023-12-02 0001646972 aci:UndesignatedPreferredStockMember 2023-02-25 0001646972 us-gaap:CommonClassAMember 2023-12-02 0001646972 us-gaap:CommonClassAMember 2023-02-25 0001646972 aci:CommonClassA1ConvertibleMember 2023-02-25 0001646972 aci:CommonClassA1ConvertibleMember 2023-12-02 0001646972 2023-09-10 2023-12-02 0001646972 2022-09-11 2022-12-03 0001646972 2022-02-27 2022-12-03 0001646972 2022-02-26 0001646972 2022-12-03 0001646972 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-02-25 0001646972 us-gaap:AdditionalPaidInCapitalMember 2023-02-25 0001646972 us-gaap:TreasuryStockCommonMember 2023-02-25 0001646972 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-02-25 0001646972 us-gaap:RetainedEarningsMember 2023-02-25 0001646972 us-gaap:AdditionalPaidInCapitalMember 2023-02-26 2023-06-17 0001646972 2023-02-26 2023-06-17 0001646972 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-02-26 2023-06-17 0001646972 us-gaap:TreasuryStockCommonMember 2023-02-26 2023-06-17 0001646972 us-gaap:RetainedEarningsMember 2023-02-26 2023-06-17 0001646972 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-02-26 2023-06-17 0001646972 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-06-17 0001646972 us-gaap:AdditionalPaidInCapitalMember 2023-06-17 0001646972 us-gaap:TreasuryStockCommonMember 2023-06-17 0001646972 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-17 0001646972 us-gaap:RetainedEarningsMember 2023-06-17 0001646972 2023-06-17 0001646972 us-gaap:AdditionalPaidInCapitalMember 2023-06-18 2023-09-09 0001646972 2023-06-18 2023-09-09 0001646972 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-06-18 2023-09-09 0001646972 us-gaap:RetainedEarningsMember 2023-06-18 2023-09-09 0001646972 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-18 2023-09-09 0001646972 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-09-09 0001646972 us-gaap:AdditionalPaidInCapitalMember 2023-09-09 0001646972 us-gaap:TreasuryStockCommonMember 2023-09-09 0001646972 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-09-09 0001646972 us-gaap:RetainedEarningsMember 2023-09-09 0001646972 2023-09-09 0001646972 us-gaap:AdditionalPaidInCapitalMember 2023-09-10 2023-12-02 0001646972 us-gaap:CommonStockMember 2023-09-10 2023-12-02 0001646972 us-gaap:RetainedEarningsMember 2023-09-10 2023-12-02 0001646972 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-09-10 2023-12-02 0001646972 us-gaap:CommonStockMember 2023-12-02 0001646972 us-gaap:AdditionalPaidInCapitalMember 2023-12-02 0001646972 us-gaap:TreasuryStockCommonMember 2023-12-02 0001646972 us-gaap:AccumulatedOtherComp