Albertsons Companies Reports Third Quarter Results

Albertsons Companies, Inc. reported results for the third quarter of fiscal 2019, which ended November 30, 2019.

Third Quarter of Fiscal 2019 Highlights

• Identical sales growth of 2.7%; marked the eighth consecutive quarter of identical sales growth
• Net income of $55 million
• Adjusted EBITDA of $634 million, slightly ahead of our expectations
• Own Brands sales penetration reached a new high of 25.6%
• Online home delivery and Drive Up and Go sales growth of...

Albertsons Companies Announces Executive Appointments

Albertsons Companies announced today that Jonathan Gardner has been named its new Group Vice President of Strategic Sourcing. In this new position, Gardner will report to Evan Rainwater, Senior Vice President, Strategic Sourcing and Manufacturing. Additionally, the company has promoted David Nelsen to Group Vice President of Manufacturing.

Gardner joins Albertsons Cos. following a successful nine yearsat Starbucks, where he began his tenure as Director of Sourcing for IT and Digital. Most recently, he served as Vice President, Global Sourcing and Supplier Relations. In this leadership role, Gardner was responsible for Beverage, Dairy, Packaging, Print Production, and Supply Development teams in Seattle. Additionally, he set strategic and cultural priorities for...

Albertsons Reports First Quarter Results

Albertsons Companies, Inc. (the "Company") today reported results for the first quarter of fiscal 2019, which ended June 15, 2019.

First Quarter of Fiscal 2019 Highlights

• Identical sales increased 1.5%
• Adjusted EBITDA increased 7.5% to $877 million compared to last year
• Net income of $49.0 million compared to a net loss of $17.7 million last year
• Own Brands sales penetration reached 25.3%
• Digital and eCommerce sales grew 33%
• Net debt leverage reduced to...

Dickey’s Barbecue Pit Offers Sausage in Safeway and Albertsons in the Southwest

Barbecue lovers can enjoy the delicious taste of Dickey’s Barbecue Pit sausage at home by purchasing it at their local Safeway or Albertsons southwest locations. In partnership with Safeway and Albertsons, Dickey’s Barbecue Pit offers their Polish Sausage, Spicy Cheddar Sausage and Hot Links for purchase.

“We are proud to partner with Safeway to bring our delicious sausage options to barbecue lovers for them to make at home,” says Laura Rea Dickey, CEO of Dickey’s Barbecue Restaurants, Inc. “At Dickey’s, we pride ourselves on the authenticity of our meats and ...