Albertsons Q2 Sales Rise, But CEO Expects Competitive And Margin Pressure In 2024
Albertsons Q2 Sales Rise, But CEO Expects Competitive And Margin Pressure In 2024
Excluding fuel and LIFO expenses, the gross Albertsons Companies Inc (NYSE:ACI) reported second-quarter sales growth of 1.43% year-over-year to $18.55 billion, beating the consensus of $18.48 billion.
艾伯森公司（纽交所：ACI）报告称，第二季度销售额同比增长1.43%，达到185.5亿美元，超过了184.8亿美元的共识。
The 2.5% rise in identical sales, led by pharmacy growth, and a 24% increase in digital sales boosted revenue, though lower fuel sales partially offset gains. Loyalty members for the quarter increased by 15% to 43 million.
相同店销售上涨2.5%，主要由药房增长带动，数字销售增长24%，增加了营业收入，尽管燃油销售下降部分抵消了收益。本季度忠诚会员增加了15%，达到4300万。
The gross margin rate was flat year-over-year at 27.6%. The operating margin was 1.6%, down 91 bps, and operating income for the quarter declined 35.7% to $292 million.
毛利率年同比持平，为27.6%。营业利润率为1.6%，下降了91个基本点，本季度营业利润下降了35.7%，至2.92亿美元。
Excluding fuel and LIFO expenses, the gross margin declined 44 bps compared to a year ago. Adjusted EBITDA of $901 million decreased 7.8% YoY, and the margin declined 50 bps to 4.85%.
不计燃油和LIFO费用，毛利率较去年同期下降了44个基本点。经调整后的EBITDA为9.01亿美元，同比下降了7.8%，利润率减少了50个基本点，至4.85%。
Adjusted EPS of $0.51 (-19.1% YoY), beating the consensus estimate of $0.48.
调整后的每股收益为0.51美元（同比下降19.1%），超过了0.48美元的共识估计。
As of September 7, 2024, the company held $284.2 million in cash and equivalents. Operating cash flow totaled $1.374 billion, compared to $1.347 billion a year ago.
截至2024年9月7日，该公司持有2.84亿美元的现金及等价物。经营现金流为13.74亿美元，与一年前的13.47亿美元相比。
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As of September 7, 2024, net debt totaled $7.908 billion, and the net debt ratio was 1.86, compared to 1.82 a year ago.
截至2024年9月7日，净债务总额达到79.08亿美元，净债务比率为1.86，较一年前的1.82有所上升。
"As we look ahead to the balance of fiscal 2024, we expect to see continuing headwinds related to investments in associate wages and benefits, an increasing mix of our pharmacy and digital businesses which carry lower margins, and an increasingly competitive backdrop. We expect these headwinds to be partially offset by ongoing and new productivity initiatives," commented CEO Vivek Sankaran.
展望2024财政年度的余下时间，我们预计将继续面临与投资相伴的劳工工资和福利增加，以及药房和数字业务比例逐渐增加带来的较低利润率，以及日益激烈的竞争环境。我们预计这些挑战将在一定程度上被持续和新的生产力举措抵消，"首席执行官Vivek Sankaran评论道。
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Additionally, Kroger Company (NYSE:KR) announced it has extended the expiration date for its Exchange Offers and Consent Solicitations regarding the acquisition of Albertsons Companies' notes from October 16 to October 22, 2024.
此外，Kroger公司（纽交所：KR）宣布已将有关收购艾伯森公司债券的交换要约和同意征询的截止日期，从2024年10月16日延长至2024年10月22日。
Dividend: Albertsons announced a quarterly cash dividend of $0.12 per share, payable on November 8, 2024, to stockholders of record as of October 28, 2024.
股息：艾伯森宣布每股0.12美元的季度现金股息，将于2024年11月8日支付给截至2024年10月28日持股股东。
Price Action: ACI shares are trading higher by 1.12% at $18.46 at the last check Tuesday.
股价走势：ACI股票在周二最后一次查询时以18.46美元的价格上涨了1.12%。
