Albertsons Companies, Inc.

Albertsons® Companies, Inc. Appoints Harmit Singh to Board of Directors

Albertsons appointed Harmit Singh, CFO of Levi Strauss & Co., to its Board of Directors, expanding the board from 14 to 15 members. Singh brings 40 years of finance and operations experience across consumer, retail and hospitality brands, including prior CFO roles at Hyatt and leadership positions at Yum! Brands. The move is a routine governance enhancement; Meg Whitman cited Singh's value-creation experience as supporting the company's next phase of growth.

•10d ago

Albertsons® Announces New Store in Valley Center, Bringing Fresh Food, Pharmacy Services and Jobs to Growing Community

Albertsons announced plans to build an approximately 51,000-square-foot grocery store in Valley Center, a San Diego County community of roughly 22,000 residents, scheduled to open in spring 2028. The store will sit on property owned by the San Pasqual Economic Development Corporation and will include pharmacy and ecommerce services, with local hiring expected. The announcement carries no disclosed investment amount or guidance impact, making it a routine footprint-expansion update rather than a financially material event.

•11d ago

Albertsons® Companies Announces Common Stock Dividend

Albertsons Companies declared a quarterly cash dividend of $0.17 per share for the third quarter of fiscal 2026. The dividend is payable Nov. 6, 2026, to stockholders of record as of the close of business on Oct. 23, 2026. The announcement is routine capital-return news and contains no change to the company's financial outlook.

•12d ago

Albertsons® Companies, Inc. Appoints Bill Boltz, Chris Drumgoole and Meg Ham to Board of Directors

Albertsons appointed Bill Boltz, Chris Drumgoole and Meg Ham to its Board of Directors effective Oct. 14, 2026, expanding the board from 11 to 14 members following Meg Whitman's arrival as Executive Chair. The new directors bring retail merchandising, technology/AI, and grocery operations expertise; Ham notably led 50 consecutive quarters of comparable-store sales growth as President of Food Lion. The appointments support Albertsons' growth strategy and omnichannel modernization push but carry no immediate financial or operational impact.

•25d ago

Albertsons® Companies Names Cody Perdue Interim Chief Financial Officer

Albertsons Companies appointed Cody Perdue as Interim CFO, effective immediately, succeeding Sharon McCollam whose retirement was previously announced. Perdue, SVP of Treasury, Investor Relations and Risk Management since 2025, is a 2013 company veteran who will retain oversight of those functions during the transition. McCollam will remain in an advisory capacity through fiscal year-end on Feb. 27, 2027, while the search for a permanent CFO continues.

•25d ago

Albertsons® Companies Announces Second Quarter Fiscal 2026 Earnings Release and Conference Call Date

Albertsons Companies announced it will release second quarter fiscal 2026 results before market open on Tuesday, Oct. 13, 2026, with a conference call that day at 8:30 a.m. EDT. A replay of the call will be available for approximately two weeks via the company's investor relations site. The release contains no financial results; it is a routine scheduling notice.

•26d ago

ACI: 8-K · proxy statement

At its August 6, 2026 annual meeting, Albertsons Companies stockholders approved charter amendments eliminating certain supermajority voting requirements, passing 391,794,776 to 1,017,890. The company filed the certificate of amendment and a restated certificate of incorporation with the Delaware Secretary of State on August 11, 2026. Stockholders also approved an amendment limiting officer liability to the fullest extent permitted by Delaware law (348,331,934 for versus 44,039,963 against), while rejecting a stockholder proposal seeking a report on human rights policy and due diligence (38,743,903 for versus 348,826,470 against). All ten director nominees were elected, including Sharon Allen, Frank Bruno, Kim Fennebresque, Susan Morris, Brian Rice, Alan Schumacher, Brian Kevin Turner, Mary Elizabeth West, Scott Wille, and David Zinsner. Stockholders ratified Deloitte & Touche LLP as independent auditor for the fiscal year ending February 27, 2027 and approved say-on-pay. The package is routine governance modernization with no financial impact, though the restated charter retains ACI Control Group (Cerberus-led consortium) approval rights over bylaw changes, board-size changes, and director removals until the group's Class A ownership falls below 50%.

SEC 8-K•2mo ago

Albertsons® Companies Advances the ACI Edge with New Regional Operating Model and Merch United

Albertsons Companies announced a restructuring plan to consolidate its 11 operating divisions into four regions to improve decision-making speed and accountability. The company is also advancing its 'Merch United' model by centralizing center store merchandising at the enterprise level while keeping fresh merchandising decisions local. Management stated these changes, along with growing data and AI capabilities, are intended to improve in-stocks and customer experience without realigning stores or districts.

•3mo ago

Albertsons® Companies Foundation Raises $12.2 Million to Support Childhood Hunger Relief Nationwide During Inaugural "Nourish the American Dream" Campaign, Surpassing $5 Million Goal

Albertsons Companies Foundation raised $12.2 million during its inaugural 'Nourish the American Dream' campaign, more than doubling its original $5 million goal. The initiative united over 300 nonprofit partners and 17,000 donors to support 49 million meals for children and families facing hunger across the U.S. The campaign included a $2.5 million match from the Foundation and will continue as a signature initiative alongside the year-round Nourishing Neighbors program.

•3mo ago

Albertsons® Companies Announces First Quarter Fiscal 2026 Earnings Release and Conference Call Date

Albertsons Companies announced it will release fiscal first quarter 2026 financial results before the market opens on Thursday, July 23, 2026. A conference call is scheduled for 8:30 a.m. EDT on the same day to discuss the quarterly performance. The company operates 2,244 retail stores across 35 states under various banners and contributed $497 million in food and financial support in 2025.

•3mo ago

Albertsons® Companies Foundation Unites 250+ Nonprofits in First-of-Its-Kind Nationwide Campaign for Childhood Hunger Relief

Albertsons Companies Foundation launched the 'Nourish the American Dream' campaign, a multi-year effort to raise $5 million for childhood hunger relief from July 1-7. The Foundation will match up to $2.5 million in qualifying donations during the giving window, supported by a national PSA and a celebrity-signed auction hosted by Mario Lopez. In 2025, Albertsons and its Foundation reported $497 million in total food and financial contributions to local communities.

•4mo ago

ACI: DEF 14A · proxy statement

Albertsons Companies has released its definitive proxy statement for the 2026 Annual Meeting of Stockholders, scheduled to be held virtually on August 6, 2026. The Board recommends voting “FOR” the election of 10 director nominees, the ratification of Deloitte & Touche LLP as the independent auditor, and an advisory approval of named executive officer compensation. Shareholders will also vote on two amendments to the Certificate of Incorporation: one to eliminate certain supermajority voting requirements and another to extend liability exculpation to officers as permitted by Delaware law. The Board supports these amendments to modernize governance and mitigate personal liability risks for officers, thereby aiding in talent retention. A stockholder proposal submitted by Oxfam America requests a report on human rights due diligence, which the Board recommends voting “AGAINST.” The Board argues that its existing cross-functional teams and compliance protocols already adequately address human rights risks in its operations and supply chains.

SEC DEF 14A•4mo ago