Albertsons Companies, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 1, 2018
January 14, 2019 at 07:30 pm IST
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Albertsons Companies, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended December 1, 2018. For the 12 weeks ended December 1, 2018, the company reported net sales and other revenue of $13,840.4 million against $13,599.2 million a year ago. Operating income was $174.4 million against loss of $101.1 million a year ago.
For the 40 weeks ended December 1, 2018, the company reported net sales and other revenue of $46,517.9 million against $45,890.9 million a year ago. Operating loss was $4.5 million against $342.0 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. 
