ValueQ4, 24TTMSelling/general/admin expenses6 B21.89 BResearch & development——Operating income-506.7 M727.6 MNon-Operating Income, Total6.8 M71.2 MInterest expense, net of interest capitalized——Non-Operating Income, excl. Interest Expenses026.8 MUnusual income/expense6.8 M44.4 MPretax income-641 M267.8 MEquity in earnings——Taxes-160.2 M50.4 MNon-controlling/minority interest——After tax other income/expense-4.6 M-20.1 MNet income before discontinued operations-480.8 M217.4 MDiscontinued operations——Net income-480.8 M217.4 MDilution adjustment——Preferred dividends——Diluted net income available to common stockholders-480.8 M217.4 MBasic earnings per share (Basic EPS)-0.860.4Diluted earnings per share (Diluted EPS)-0.860.4Average basic shares outstanding545.2 M—Diluted shares outstanding2.3 M—EBITDA-623.7 M—EBIT-964.3 M-1.17 BCost of revenue14.74 B60.57 BOther cost of goods sold——Depreciation & amortization (cash flow)340.6 M—
Albertsons Companies, Inc. Class A Common Stock
Albertsons Companies, Inc. is an American grocery company founded and headquartered in Boise, Idaho.
With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, the company is the second-largest supermarket chain in North America after Kroger. Albertsons ranked 53rd in the 2018 Fortune 500 list of the largest United States corporations by total revenue. Prior to its January 2015 merger with Safeway Inc. for $9.2 billion, it had 1,075 supermarkets located in 29 U.S. states under 12 different regional banners. Its predecessor company, Albertsons, Inc., was reorganized as Albertsons LLC and sold to AB Acquisition LLC, a Cerberus Capital Management–led consortium. After buying back the majority of its former stores it sold to SuperValu in 2006, AB Acquisition announced it would change its name to Albertsons Companies Inc. in 2015. The company's corporate name was Albertson's Inc. until 2002, when the apostrophe was removed.
On October 14, 2022, Albertsons announced it would be acquired by rival Kroger for $25 billion.