Albertsons Companies Inc Class A
ACI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$75.00 | Mbqct | Xclgtvvk |
Albertsons Earnings: Abating Food Inflation and Digital Investments Weigh on Top and Bottom Line
No-moat Albertsons delivered lackluster first-quarter results that were weighed down by weak food sales and elevated operating expenses. We plan to slightly reduce our $27 fair value estimate as we expect intensifying retail competition to weigh on top-line gains and profits in coming quarters.