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Albertsons

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  • Previous Rank53
  • Revenues ($M)$59,924.6
  • Revenue Percent Change0.4%
  • Profits ($M)$46.3
  • Profits Percent Change-
  • Assets ($M)$21,812.3
  • Employees275,000

In August 2018, the day before shareholders were scheduled to vote, Albertsons Companies Inc. and Rite Aid called off a planned $24 billion merger due to concerns from both companies’ investors. But Albertsons continues to push forward against competitors like Amazon and Walmart, increasing fast delivery options through Instacart and expanding Drive Up and Go pickup services to 250 stores in 2018. Albertsons has also been increasing its technological presence, adopting IBM’s blockchain service, Microsoft’s Azure AI, and piloting the micro-fulfillment center concept with Takeoff Technologies. Future innovations will be spearheaded by former PepsiCo Foods North America CEO Vivek Sankaran, who replaced Jim Donald as Albertsons’ president and CEO in April. Donald, who served less than seven months as CEO, will stay on as co-chairman of the board.

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Company Info

CEO
Vivek Sankaran
CEO Title
President, Chief Executive Officer & Director
Sector
Food & Drug Stores
Industry
Food and Drug Stores
HQ Location
Boise, Idaho
Websitehttp://www.albertsonscompanies.com
Years on Fortune 500 List15
Employees275,000
Figures are for fiscal year ended Feb. 28, 2018.

Albertsons Rank History

Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$59,924.60.4%
Profits ($M)$46.3-
Assets ($M)$21,812.3-
Total Stockholder Equity ($M)$1,398.2-

Profit Ratios

Profit as % of Revenues0.1%
Profits as % of Assets0.2%
Profits as % of Stockholder Equity3.3%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)-
EPS % Change (from 2017)-
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-

Total Return

Total Return to Investors (2018)-
Total Return to Investors (5 year, annualized)-
Total Return to Investors (10 year, annualized)-