$ACI

Albertsons Companies, Inc.

CIK:0001646972|SEC Filings

Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Millions, $ in Millions	4 Months Ended
	Jun. 20, 2026	Jun. 14, 2025
Income Statement [Abstract]
Net sales and other revenue	$ 24,941.6	$ 24,880.8
Cost of sales	18,303.5	18,142.5
Gross margin	6,638.1	6,738.3
Selling and administrative expenses	6,379.2	6,320.9
Gain on property dispositions and impairment losses, net	(4.7)	(31.9)
Operating income	263.6	449.3
Interest expense, net	166.7	141.8
Other income, net	(16.8)	(3.9)
Income before income taxes	113.7	311.4
Income tax expense	29.0	75.0
Net income	84.7	236.4
Other comprehensive income (loss), net of tax
Recognition of pension loss	(0.4)	(0.7)
Other	(1.3)	0.3
Other comprehensive loss	(1.7)	(0.4)
Comprehensive income	$ 83.0	$ 236.0
Net income per Class A common share
Basic net income per Class A common share (in dollars per share)	$ 0.17	$ 0.41
Diluted net income per Class A common share (in dollars per share)	$ 0.17	$ 0.41
Weighted average Class A common shares outstanding
Basic (in shares)	495.2	573.0
Diluted (in shares)	498.2	575.4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	4 Months Ended
	Jun. 20, 2026	Jun. 14, 2025
Cash flows from operating activities:
Net income	$ 84.7	$ 236.4
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on property dispositions and impairment losses, net	(4.7)	(31.9)
Depreciation and amortization	591.0	572.7
Operating lease right-of-use assets amortization	221.8	214.1
LIFO expense	20.0	17.3
Deferred income tax	0.1	(38.0)
Contributions to pension and post-retirement benefit plans, net of expense (income)	(33.1)	(43.0)
Deferred financing costs	4.1	6.3
Equity-based compensation expense	31.4	33.7
Other operating activities	(12.9)	4.1
Changes in operating assets and liabilities, net of acquisitions:
Receivables, net	(97.0)	(73.2)
Inventories, net	(36.5)	(4.5)
Accounts payable, accrued salaries and wages and other accrued liabilities	(5.1)	(114.6)
Operating lease liabilities	(137.4)	(127.8)
Self-insurance assets and liabilities	0.3	(6.0)
Other operating assets and liabilities	102.2	108.8
Net cash provided by operating activities	728.9	754.4
Cash flows from investing activities:
Payments for property, equipment and intangibles, including lease buyouts	(522.1)	(584.6)
Proceeds from sale of assets	25.8	78.2
Business acquisitions, net of cash acquired	(28.0)	0.0
Other investing activities	16.6	32.3
Net cash used in investing activities	(507.7)	(474.1)
Cash flows from financing activities:
Proceeds from issuance of long-term debt, including ABL facility	275.0	625.0
Payments on long-term borrowings, including ABL facility	(59.6)	(600.2)
Payments of obligations under finance leases	(8.2)	(10.1)
Dividends paid on common stock	(84.0)	(85.7)
Treasury stock purchase, at cost	(224.9)	(314.8)
Employee tax withholding on vesting of restricted stock units	(27.4)	(31.4)
Other financing activities	(0.1)	(5.7)
Net cash used in financing activities	(129.2)	(422.9)
Net increase (decrease) in cash and cash equivalents and restricted cash	92.0	(142.6)
Cash and cash equivalents and restricted cash at beginning of period	203.0	297.9
Cash and cash equivalents and restricted cash at end of period	$ 295.0	$ 155.3

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 20, 2026	Feb. 28, 2026
Current assets
Cash and cash equivalents	$ 293.4	$ 198.6
Receivables, net	1,031.9	932.6
Inventories, net	5,192.6	5,173.9
Other current assets	368.8	410.6
Total current assets	6,886.7	6,715.7
Property and equipment, net	9,867.9	9,903.7
Operating lease right-of-use assets	6,202.1	6,102.4
Intangible assets, net	2,082.5	2,156.1
Goodwill	1,201.0	1,201.0
Other assets	676.8	687.0
TOTAL ASSETS	26,917.0	26,765.9
Current liabilities
Accounts payable	4,087.1	4,021.2
Accrued salaries and wages	1,188.0	1,348.3
Current maturities of long-term debt and finance lease obligations	746.1	534.0
Current operating lease obligations	739.8	736.7
Other current liabilities	1,414.4	1,183.8
Total current liabilities	8,175.4	7,824.0
Long-term debt and finance lease obligations	8,416.7	8,412.6
Long-term operating lease obligations	5,798.4	5,613.6
Deferred income taxes	628.8	630.6
Other long-term liabilities	2,285.0	2,448.9
Commitments and contingencies
STOCKHOLDERS' EQUITY
Additional paid-in capital	2,224.8	2,219.4
Treasury stock, at cost, 114,617,594 and 101,191,791 shares held as of June 20, 2026 and February 28, 2026, respectively	(2,077.0)	(1,850.5)
Accumulated other comprehensive income	81.5	83.2
Retained earnings	1,377.4	1,378.1
Total stockholders' equity	1,612.7	1,836.2
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	26,917.0	26,765.9
Class A common stock
STOCKHOLDERS' EQUITY
Class A common stock, $0.01 par value; 1,000,000,000 shares authorized, 603,296,327 and 600,734,693 shares issued as of June 20, 2026 and February 28, 2026, respectively	$ 6.0	$ 6.0