ACI

Albertsons Companies Inc

Consumer


Presented:09/03/2020
Price:$13.54
Cap:$6.49B
Current Price:$18.45
Cap:$10.69B

Presented

Date09/03/2020
Price$13.54
Market Cap$6.49B
Ent Value$19.35B
P/E Ratio7.22x
Book Value$2.49
Div Yield0%
Shares O/S479.03M
Ave Daily Vol3,567,013
Short Int4.36%

Current

Price$18.45
Market Cap$10.69B
Albertsons Cos., Inc. engages in the operation of food and drug retail stores. It offers grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. The company was founded by Joe Albertson on July 21, 1939 and is headquartered in Boise, ID.

Publicly traded companies mentioned herein: Albertsons Cos Inc (ACI), Amazon.com Inc (AMZN), Walmart Inc (WMT)

Highlights

The presenter is short Albertsons Cos Inc (ACI), a grocer that operates ~2,200 stores across the US under both Albertsons and Safeway banners. He believes the company has benefitted massively from COVID and is currently in a tough position due to competition, a unionized employee base, and lack of self-help due to previous PE ownership. Accounting for all of this he finds it hard to see how management will be able to achieve their guidance on future growth.

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Idea Discussion

Commentor 1 - 2 weeks ago

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