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Albertsons Companies Inc

For the period ended Jun 15, 2024. Filed Jul 23, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 15, 2024 · Filed Jul 23, 2024

ACI$13.19+2.2%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations and Comprehensive Income

(in millions, except per share data)

16 weeks ended
June 15,2024June 17,2023
Net sales and other revenue$24,265.4$24,050.2
Cost of sales17,526.517,387.5
Gross margin6,738.96,662.7
Selling and administrative expenses6,274.06,012.9
Loss on property dispositions and impairment losses, net5.327.6
Operating income459.6622.2
Interest expense, net145.7154.9
Other expense (income), net4.0(16.0)
Income before income taxes309.9483.3
Income tax expense69.266.1
Net income$240.7$417.2
Other comprehensive income (loss), net of tax
Recognition of pension loss(1.0)(0.6)
Other(0.3)1.7
Other comprehensive (loss) income$(1.3)$1.1
Comprehensive income$239.4$418.3
Net income per Class A common share
Basic net income per Class A common share$0.42$0.73
Diluted net income per Class A common share0.410.72
Weighted average Class A common shares outstanding (in millions)
Basic578.6573.7
Diluted581.3580.1
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.