Albertsons Companies, Inc. Reports Earnings Results for the Third Quarter Ended December 5, 2020
January 12, 2021 at 12:34 pm
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Albertsons Companies, Inc. announced earnings results for the third quarter ended December 5, 2020. For the third quarter, the company announced sales was USD 15,408.9 million compared to USD 14,103.2 million a year ago. Operating income was USD 258.5 million compared to USD 206.6 million a year ago. Net income was USD 123.7 million compared to USD 54.8 million a year ago. For the nine months, sales was USD 53,918.1 million compared to USD 47,018.3 million a year ago. Operating income was USD 1,792.3 million compared to USD 1,110.5 million a year ago. Net income was USD 994.4 million compared to USD 398.6 million a year ago.
Albertsons Companies, Inc. is a food and drug retailer in the United States. The Company is engaged in the operation of food and drug retail stores that offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel and other items and services in its stores or through digital channels. The Company operates approximately 2,269 stores across 34 states and the District of Columbia under 20 banners including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and others. The Company operates approximately 1,725 pharmacies, 1,336 in-store branded coffee shops, 402 adjacent fuel centers, 22 dedicated distribution centers, 19 manufacturing facilities and various digital platforms. Its own brands include Signature SELECT, Open Nature, Signature Cafe, Lucerne, Waterfront BISTRO, Primo Taglio, Signature Care, Signature Reserve and Value Corner.
ALBERTSONS COMPANIES, INC. 
