OverviewSuggest Edit

Albertsons is a food and drug retailer. It 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. Its major brands include:

TypePublic
Founded1939
HQBoise, ID, US
Websitealbertsons.com
Employee Ratings3.1
Overall CultureC

Latest Updates

Employees (est.) (Feb 2020)270,000(+2%)
Job Openings1,062
Revenue (FY, 2021)$69.7 B(+12%)
Share Price (Sept 2021)$32.2
Cybersecurity ratingBMore

Key People/Management at Albertsons

Vivek Sankaran

Vivek Sankaran

President & Chief Executive Officer
Anuj Dhanda

Anuj Dhanda

EVP, Chief Information Officer
Bob Dimond

Bob Dimond

EVP, Chief Financial Officer
Juliette Pryor

Juliette Pryor

EVP, General Counsel & Secretary
Shane Dorcheus

Shane Dorcheus

EVP, Retail Operations
Mike Theilmann

Mike Theilmann

EVP, Chief Human Resources Officer
Show more

Albertsons Office Locations

Albertsons has offices in Boise and Phoenix
Boise, ID, US (HQ)
250 E Parkcenter Blvd
Show all (2)

Albertsons Financials and Metrics

Albertsons Revenue

Embed Graph
View revenue for all periods
Albertsons's revenue was reported to be $69.69 b in FY, 2021
USD

Revenue (FY, 2021)

69.7b

Gross profit (FY, 2021)

20.4b

Gross profit margin (FY, 2021), %

29.3%

Net income (FY, 2021)

850.2m

EBIT (FY, 2021)

1.6b

Market capitalization (9-Sept-2021)

15.0b

Closing stock price (9-Sept-2021)

32.2

Cash (27-Feb-2021)

1.8b

EV

22.2b
Albertsons's current market capitalization is $15 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2021

Revenue

59.9b60.5b62.5b69.7b

Revenue growth, %

1%3%

Cost of goods sold

43.6b43.6b44.9b49.3b

Gross profit

16.4b16.9b17.6b20.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

18.7b14.0b13.8b18.7b14.2b14.1b22.8b

Cost of goods sold

13.5b10.2b10.0b13.5b10.2b10.1b16.0b

Gross profit

5.2b3.8b3.9b5.2b3.9b4.0b6.8b

Gross profit Margin, %

28%27%28%28%28%28%30%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2021

Cash

670.3m926.1m470.7m1.8b

Accounts Receivable

615.3m586.2m525.3m550.9m

Prepaid Expenses

317.2m

Inventories

4.4b4.3b4.4b4.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

1.2b1.7b462.6m662.1m435.3m406.4m2.0b

Accounts Receivable

551.3m527.9m566.9m497.4m518.6m501.2m530.0m

Inventories

4.3b4.3b4.6b4.4b4.3b4.6b4.3b

Current Assets

6.5b6.8b6.1b5.9b5.6b6.0b7.1b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2021

Net Income

46.3m131.1m466.4m850.2m

Depreciation and Amortization

1.9b1.7b1.7b

Inventories

45.6m80.3m(38.1m)9.2m

Accounts Payable

(158.2m)98.4m85.3m787.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(17.7m)(50.1m)(4.5m)49.0m343.8m398.6m586.2m

Depreciation and Amortization

536.6m939.2m1.3b515.9m897.6m1.3b460.1m

Inventories

88.5m100.1m(234.0m)(63.0m)(23.8m)(310.4m)6.7m

Accounts Payable

246.9m213.0m347.4m141.4m86.8m322.4m733.1m
USDFY, 2018

Debt/Equity

8.5 x

Debt/Assets

0.5 x

Financial Leverage

15.6 x
Show all financial metrics

Albertsons Operating Metrics

FY, 2018FY, 2019FY, 2020

Stores (Alaska)

252526

Stores (Arizona)

141138134

Stores (Arkansas)

111

Stores (California)

605598592
Show all operating metrics

Albertsons Acquisitions / Subsidiaries

Company NameDateDeal Size
PlatedSeptember 20, 2017$200 m
0984093 B.C. Unlimited Liability Company
0984354 B.C. Unlimited Liability Company
28 Pond Street Realty, LLC
300 Main Street Realty, LLC
360 Chauncy Street Realty Trust
675 Randolph Realty Trust
693 Randolph Avenue LLC
739 Realty Trust
861 Edgell Road LLC
Show more

Albertsons Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Albertsons Online and Social Media Presence

Embed Graph

Albertsons Company Culture

  • Overall Culture

    C

    70/100

  • CEO Rating

    B+

    79/100

  • Compensation

    C

    69/100

Learn more on Comparably

Albertsons News and Updates

Dynamic Energy and Soltage Partner to Deliver One of Albertsons Companies' Largest Solar Assets

WAYNE, Pa., Aug. 26, 2021 /PRNewswire/ -- Dynamic Energy Solutions, LLC today announced that it has achieved financial close and commenced construction of a 6.6 Megawatts (MW) DC ground-mounted solar array in Norridgewock, Maine. The project includes a landmark offtake agreement with...

Albertsons raises full-year guidance

Albertsons Cos. Inc. shares rose 2.8% in Thursday premarket trading after the grocer reported fiscal first-quarter earnings that beat expectations and raised its guidance. Net income totaled $444.8 million, or 78 cents per share, down from $586.2 million, or $1.00 per share, last year. Adjusted EPS…

From Macy’s to Albertsons, facial recognition is already everywhere

Rite Aid had deployed facial recognition in at least 200 stores over eight years, before ditching the technology last year. | Noam Galai/Getty Images Customers are largely unaware that some of their favorite stores are using facial recognition tech. Some of the US’s most pop…

Company Insight of Private-label Food and Beverage Market in US 2021-2025 | Featuring Albertsons Companies Inc. and Amazon.com Inc. as key players| Technavio

NEW YORK, July 8, 2021 /PRNewswire/ -- The private-label food and beverage market in the US is expected to grow by USD 31.17 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the private-label food and...

Baum Hedlund Says Albertsons Kept Doing Business with Trucking Company Involved in Fatal Crash

Families of Air Force Members Killed in Horrific Boise, ID Truck Crash File for Punitive Damages Against Albertsons and Others Families of Air Force Members Killed in Horrific Boise, ID Truck Crash File for Punitive Damages Against Albertsons and Others

DoorDash and Albertsons partner on same-day grocery delivery from nearly 2,000 stores

DoorDash is partnering with Albertsons Cos. to offer on-demand grocery delivery from nearly 2,000 of its stores, including Safeway, Vons and Jewel-Osco.
Show more

Albertsons Blogs

5 Plant-Based Tips for a Healthier New Year

If you could do just one thing in the new year to boost your health, start by adding more plant-based foods to your daily diet! Plant foods are packed with fiber, vitamins, minerals and other plant compounds (like phytochemicals), many of which have antioxidant and anti-inflammatory action in your b…

Love Your Heart, Eat More Fish

  

3 Pear-ings Perfect for Holiday Entertaining

Chestnuts might be roasting on an open fire but when it comes to the produce department, which fruits are the winter standouts? It’s no coincidence that December is National Pear Month! The 10 types of pears that the U.S. harvest each year will fill your fruit basket all winter long. Enjoying pears …
Show more

Albertsons Frequently Asked Questions

  • When was Albertsons founded?

    Albertsons was founded in 1939.

  • Who are Albertsons key executives?

    Albertsons's key executives are Vivek Sankaran, Anuj Dhanda and Bob Dimond.

  • How many employees does Albertsons have?

    Albertsons has 270,000 employees.

  • What is Albertsons revenue?

    Latest Albertsons annual revenue is $69.7 b.

  • What is Albertsons revenue per employee?

    Latest Albertsons revenue per employee is $258.1 k.

  • Who are Albertsons competitors?

    Competitors of Albertsons include Publix, Walmart and Kroger.

  • Where is Albertsons headquarters?

    Albertsons headquarters is located at 250 E Parkcenter Blvd, Boise.

  • Where are Albertsons offices?

    Albertsons has offices in Boise and Phoenix.

  • How many offices does Albertsons have?

    Albertsons has 2 offices.