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Albertsons Companies Priced, NYSE: ACI

US grocer operating under Albertsons, Safeway, and other banners.

Industry: Consumer Staples

First Day Return: -3.4%

Industry: Consumer Staples

We are one of the largest food retailers in the United States, with 2,260 stores across 34 states and the District of Columbia. We operate 20 iconic banners with on average 85 years of operating history, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw’s, Star Market, United Supermarkets, Market Street and Haggen, with approximately 270,000 talented and dedicated employees who serve on average more than 33 million customers each week. Our stores operate in First-and-Main retail locations and have leading market share within attractive and growing geographies. We hold a #1 or #2 position by market share in 66% of the 121 metropolitan statistical areas in which we operate. Our portfolio of well-located, full-service stores provides the foundation of our omni-channel platform, including our rapidly growing Drive Up & Go curbside pickup, home delivery and rush delivery offerings. We seek to tailor our offerings to local demographics and preferences of the markets that we operate in. Our Locally Great, Nationally Strong operating structure empowers decision making at the local level, which we believe better serves our customers and communities, while also providing the systems, analytics and buying power afforded by an organization with national scale and more than $60 billion in annual sales.
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IPO Data
IPO File Date 03/06/2020
Offer Price $16.00
Price Range $18.00 - $20.00
Offer Shares (mm) 50.0
Deal Size ($mm) $800
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/25/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $800
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Boise, ID, United States
Founded 1926
Employees at IPO 310,000
Website www.albertsons.com

Albertsons Companies (ACI) Performance