Albertsons Companies, Inc. (NYSE:ACI) will release earnings results for the first quarter, before the opening bell on Tuesday, July 15.
Analysts expect the Boise, Idaho-based company to report quarterly earnings at 54 cents per share, down from 66 cents per share in the year-ago period. Albertsons Companies projects to report quarterly revenue at $24.69 billion, compared to $24.27 billion a year earlier, according to data from Benzinga Pro.
On May 14, Albertsons Companies, announced the launch of its latest Own Brand, Chef’s Counter™, designed to bring chef-inspired flavors and tastes to customers in a convenient, easy and affordable way.
Albertsons Companies shares gained 3.7% to close at $22.74 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort …