Latest news with #AlbertsonsCompanies
Yahoo
29-05-2025
- Business
- Yahoo
Jim Cramer on Albertsons Companies (ACI): 'This is a Survivor'
We recently published a list of . In this article, we are going to take a look at where Albertsons Companies (NYSE:ACI) stands against other stocks that Jim Cramer discusses. A caller inquired about Cramer's thoughts on Albertsons Companies, Inc. (NYSE:ACI). Here's what Mad Money's host had to say: 'Once they got away from that merger, I think that people realized the value of the company. It's still a low multiple stock. I happen to like Kroger more, but I've gotta tell you, this is a survivor, and I think that Albertsons' going to keep going higher.' A fresh produce section in a modern grocery store. Albertsons Companies (NYSE:ACI) runs food and drug stores that sell groceries, health and beauty items, pharmacy products, fuel, and other goods. The company also produces and processes food items for retail under different store names. Longleaf Partners Fund stated the following regarding Albertsons Companies, Inc. (NYSE:ACI) in its Q1 2025 investor letter: 'Albertsons Companies, Inc. (NYSE:ACI) – US grocery retailer Albertsons was a contributor for the quarter. Albertsons was a new purchase in 2024, after we had followed the company and its predecessors for years. In an otherwise turbulent quarter, Albertsons stands out as a stable business that remains undervalued because it had fallen off the radar during a protracted deal process with Kroger that ultimately failed. The company should grow at a moderate pace and has plenty of financial firepower to repurchase shares, all while it has multiple strategic options (such as unlocking its real estate value and/or selling non-core markets) to realize value per share.' Overall, ACI ranks 12th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of ACI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ACI and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
Jim Cramer on Albertsons Companies (ACI): 'This is a Survivor'
We recently published a list of . In this article, we are going to take a look at where Albertsons Companies (NYSE:ACI) stands against other stocks that Jim Cramer discusses. A caller inquired about Cramer's thoughts on Albertsons Companies, Inc. (NYSE:ACI). Here's what Mad Money's host had to say: 'Once they got away from that merger, I think that people realized the value of the company. It's still a low multiple stock. I happen to like Kroger more, but I've gotta tell you, this is a survivor, and I think that Albertsons' going to keep going higher.' A fresh produce section in a modern grocery store. Albertsons Companies (NYSE:ACI) runs food and drug stores that sell groceries, health and beauty items, pharmacy products, fuel, and other goods. The company also produces and processes food items for retail under different store names. Longleaf Partners Fund stated the following regarding Albertsons Companies, Inc. (NYSE:ACI) in its Q1 2025 investor letter: 'Albertsons Companies, Inc. (NYSE:ACI) – US grocery retailer Albertsons was a contributor for the quarter. Albertsons was a new purchase in 2024, after we had followed the company and its predecessors for years. In an otherwise turbulent quarter, Albertsons stands out as a stable business that remains undervalued because it had fallen off the radar during a protracted deal process with Kroger that ultimately failed. The company should grow at a moderate pace and has plenty of financial firepower to repurchase shares, all while it has multiple strategic options (such as unlocking its real estate value and/or selling non-core markets) to realize value per share.' Overall, ACI ranks 12th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of ACI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ACI and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
Despite lower earnings than three years ago, Albertsons Companies (NYSE:ACI) investors are up 14% since then
For many investors, the main point of stock picking is to generate higher returns than the overall market. But the risk of stock picking is that you will likely buy under-performing companies. We regret to report that long term Albertsons Companies, Inc. (NYSE:ACI) shareholders have had that experience, with the share price dropping 21% in three years, versus a market return of about 55%. Since Albertsons Companies has shed US$495m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics. Our free stock report includes 2 warning signs investors should be aware of before investing in Albertsons Companies. Read for free now. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Albertsons Companies saw its EPS decline at a compound rate of 15% per year, over the last three years. In comparison the 7% compound annual share price decline isn't as bad as the EPS drop-off. This suggests that the market retains some optimism around long term earnings stability, despite past EPS declines. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. It might be well worthwhile taking a look at our free report on Albertsons Companies' earnings, revenue and cash flow. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Albertsons Companies, it has a TSR of 14% for the last 3 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments! Albertsons Companies shareholders are up 6.3% for the year (even including dividends). While you don't go broke making a profit, this return was actually lower than the average market return of about 12%. On the other hand, the TSR over three years was worse, at just 4% per year. This suggests the company's position is improving. If the business can justify the share price gain with improving fundamental data, then there could be more gains to come. It's always interesting to track share price performance over the longer term. But to understand Albertsons Companies better, we need to consider many other factors. Case in point: We've spotted 2 warning signs for Albertsons Companies you should be aware of. But note: Albertsons Companies may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Post
11-05-2025
- Health
- New York Post
Washington mother, 78, dies after eating mislabeled cookie — as family takes action against grocery store
A 78-year-old Washington mother died months before she was due to celebrate her 60th wedding anniversary after eating a mislabeled cookie from her local grocery store, her family alleged. Peggy Bryant suffered a fatal allergic reaction when she consumed a store-brand peanut butter cookie that was labeled as an oatmeal raisin cookie in April 2023, her daughter Lisa Bishop told King 5 News on Thursday. Bryant had purchased the cookies from supermarket chain Safeway in Duvall, Wash., but noticed something was wrong after she took a bite of the treat. Advertisement 4 Peggy Bryant died months before she was due to celebrate her 60th wedding anniversary. King 5 'My mom loved Oatmeal raisin cookies,' Bishop said. 'She realized that the cookie she was eating was actually a peanut butter cookie and she's deathly allergic to peanuts. She was rushed to a nearby hospital, but died an hour later. Advertisement Greg Bishop, Bryant's son-in-law, said that the King County Coroner ruled she died from anaphylaxis — a life-threatening allergic reaction — and that her 'blood vessels had basically broken down.' On Thursday, Bryant's family revealed they filed a wrongful death lawsuit against Safeway. Nearly one month after Bryant died, Albertsons Companies, Inc., which owns Safeway, issued a voluntary recall of the oatmeal raisin cookies sold at Safeway's Duvall location due to an 'undeclared peanut and soy allergen,' according to a recall notice by the Food and Drug Administration. The recall on the agency's website affected 18-count cookies sold between April 5 and April 17, 2023. Advertisement 4 Bryant suffered a severe allergic reaction and later died when she consumed a cookie from her local Safeway store that was allegedly mislabeled. King 5 4 Bryant's daughter and son-in-law spoke about their devastating loss with King 5 News. King 5 'We have received a report that a package of cookies was labeled as Oatmeal Raisin but may have contained Peanut Butter Cookies,' the recall read. 'As a result, peanuts and soy were not listed within the ingredient statement. The recalled cookies were packaged in clear plastic containers available within the store's bakery department.' The recall added, 'There has been one report of a serious adverse event,' but it did not specifically name Bryant. Advertisement The Post contacted Albertsons Companies, Inc. for comment. 4 Albertsons Companies, Inc., which owns Safeway, issued a voluntary recall nearly one month after Bryant's death. King 5 The family's lawsuit reportedly suggested that Bryant's death was a preventable tragedy. 'The last few minutes of my mom's life were tragic and awful and painful,' Lisa Bishop said. 'Do the right thing. I don't want it to happen to anybody else. Labels are there for a reason, and I don't want anybody else to die from mislabeling.' In January 2024, a New York City professional dancer died after she ate incorrectly labeled holiday cookies from a Stew Leonards supermarket. Órla Baxendale, 25, suffered from a severe peanut allergic reaction and was unable to recover because her EpiPen reportedly was ineffective, her family's lawyer claimed. Advertisement In a scathing lawsuit, Baxendale's family accused the store of 'gross negligence and reckless indifference to the rights of others and an intentional wanton violation of those rights' by professionals who failed to update the ingredient label. Baxendale's family and Stew Leonard's reached a settlement in January 2025, according to the Connecticut Post.
Yahoo
07-05-2025
- Business
- Yahoo
Albertsons Companies, Inc. (ACI): The Best Food Stock to Buy Under $30
We recently published a list of 12 Best Food Stocks to Buy Under $30. In this article, we are going to take a look at where Albertsons Companies, Inc. (NYSE:ACI) stands against other best food stocks to buy under $30. Consumer Defensive Sector: Trends and Outlook On April 25, Shana Sissel, Founder & CEO of Banrion Capital Mgmt, appeared on CNBC to talk about the struggles in the consumer staple sector and investor caution due to tariffs and 'Trump exhaustion.' She said the consumer defensive stocks are going on a downward trend, which makes sense to her, especially if you look at how the market's momentum flows. The concern about a recession and potential economic downturn might be too aggressive. She opined that she wouldn't take it as much of a point right now because even if we are going to see any economic slowdown from tariffs, one thing is certain: consumers do not tend to cut back on staples. The sector includes the types of companies and consumer goods that people cannot and will not live without. However, even in this sector, there are some unusual economic indicators that may reflect signs of an economic recession. This includes the snack indicator, where people tend to cut back on snacks in tough times instead of staple food items and other more essential nutrition types. While this is something to keep in mind about the sector, Sissel said that how the consumer staples are performing reflects the momentum swing we have seen in the market. The outlook is, of course, concerning, as it is necessary to look at how people are thinking about the market conditions and the effects of tariff impacts. JP Morgan also recently gave a market outlook amid tariffs, saying that the market is very bearish, especially in the macro community. It further said that: 'Most are disregarding the latest trade developments, partly due to 'Trump exhaustion.' We observe that many prefer to stay in cash and maintain lower leverage in their books.' Talking about this outlook, Sissel said that one of the triggers that one must look out for a potential change in sentiment is the fact that there is a contrarian sentiment, where we have seen a lot of investors buying the dip. A whole generation of investors has learned to buy the dip because, most of the time, the market recovers quickly. She also said that the Trump exhaustion appears to be very real, as continuous policy changes have created uncertainty in the market, especially regarding tariffs. While it looks like things are calming down, investors are going to be cautious about jumping in too quickly because of the continuous policy changes. She thus opined that we might see cash staying on the sideline a little bit longer, which meant that we have not seen enough change to indicate that any market gains we are seeing right now are sustainable.
