Albertsons Companies Inc Class A

ACI: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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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.

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