Albertsons Companies Inc Class A
ACI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.vvT&cP | LOCK|VC? | LOCK|&?f!^! |
Albertsons Earnings: Gross Margins Pressured by Value-Seeking Consumers and Food Inflation
Albertsons' first-quarter identical sales increased 2.8%, led by pharmacy (up 20%) and e-commerce (up 25%). But shares drifted 5% lower during July 15 trading, as gross margins decreased to 27.1% from 27.8%, driven by continued promotional investment.
