secwatch.observer — SEC 8-K summary
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Issuer:     Albertsons Companies, Inc. (ACI)
CIK:        0001646972
Form:       8-K
Filed at:   2023-04-11T23:59:59+00:00
Accession:  0001646972-23-000033
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Albertsons Q4 adj EPS $0.79, FY adj EPS $3.37; special dividend paid; merger with Kroger progressing
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- Q4 net sales $18.3B (+5.6% identical sales); adjusted net income $460M ($0.79/sh) vs $437M ($0.75/sh) YoY.
- Full year adjusted EBITDA $4,677M; digital sales +28%; identical sales +6.9%.
- Expects ~$200M Adjusted EBITDA headwind in FY2023 from lower COVID-19 vaccine/test revenue and uncertain economy.
- Merger with Kroger for $34.10/sh pending; special dividend of $6.85/sh ($3.9B) paid on Jan 20, 2023.
- ~97% of convertible preferred stock converted into common shares as of April 7, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1646972/000164697223000033/0001646972-23-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1646972/000164697223000033/aci-20230411.htm
  HTML page:      https://secwatch.observer/filing/0001646972-23-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer