earnings
confidence high
sentiment neutral
materiality 0.75
Albertsons Q4 adjusted EPS $0.46 vs $0.54 YoY; CEO Sankaran retiring, Morris succeeds; FY2025 guide below FY2024
Albertsons Companies, Inc.
2024-FY EPS reported
$1.64
revenue$80,390,900,000
- Q4 net income $172M ($0.29 diluted EPS); adjusted net income $270M ($0.46 EPS) vs $318M ($0.54) YoY. Revenue $18.8B (+2.7%), identical sales +2.3%.
- CEO Vivek Sankaran retiring May 1, 2025; COO Susan Morris named successor, effective same date.
- Fiscal 2025 outlook: identical sales +1.5-2.5%, adjusted EBITDA $3.8-3.9B, adjusted EPS $2.03-2.16 (vs FY2024 $2.34).
- Dividend raised 25% to $0.15/share; next payment May 9, 2025 to holders of record April 25, 2025.
- Issued $600M 6.250% senior notes due 2033; redeemed $600M 7.500% notes due 2026, lowering interest expense.