Albertsons CompaniesNYSE: ACI

OMAHA, Neb.--(BUSINESS WIRE)--Real-time payments are forecast to generate $285.8 billion of additional global GDP growth and create more than 167 million new bank account holders by 2028, according to a new report published by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, in collaboration with The Centre for Economics and Business Research (Cebr). ACI Worldwide's second Real-Time Payments: Economic Impact and Financial Inclusion report leverages data from 40.

OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, announced today that it will report its financial results for the third quarter 2024 on Thursday, November 7, 2024. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ or use the following number for dial-in participation: toll-free.

ACI's second-quarter fiscal 2024 results highlight year-over-year growth in members and omnichannel shoppers, supporting digital sales.

Albertsons Companies saw its digital sales increase 24% during a quarter in which its identical store sales increased 2.5%. During the quarter ended Sept.

While the top- and bottom-line numbers for Albertsons Companies (ACI) give a sense of how the business performed in the quarter ended August 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.

BOISE, Idaho--(BUSINESS WIRE)--Following a recall initiated by Fresh Creative Foods, Albertsons Companies has voluntarily recalled 12 types of ReadyMeals and store-made deli items.

Besides Wall Street's top -and-bottom-line estimates for Albertsons Companies (ACI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended August 2024.

I am initiating coverage with a ‘Buy' rating due to their mature business model, expanding margins, and modest valuation despite significant stock appreciation. Financially, ACI has shown renewed revenue growth, margin expansion, and healthy cash generation, positioning them well despite a mature business cycle. Despite past inconsistencies in meeting forecasts, ACI appears undervalued compared to peers, suggesting potential for continued outperformance for long-term investors.