The Latest Breaking News from ACI

Lingering supply crunch and soaring inflation have increased the odds of the Fed raising interest rates aggressively later this year, which could dampen corporate earnings. Moreover, as the GDP is estimated to be lower than the prior estimate, many analysts expect the economy to witness recessionary pressure. Therefore, it could…

Cue Health Inc (NASDAQ:HLTH) has partnered with Albertsons Companies Inc (NYSE:ACI) for COVID-19 test kits. The partnership will provide Cue’s molecular COVID-19 tests at participating Albertsons pharmacies across the country. Customers will get their test results delivered to their email in 20 minutes. The companies piloted this in-pharmacy COVID-19 testing program last fall in 40…

The equity market is currently signaling a downturn. Grocery and discounted retail companies are known to hold up well in times of market volatility. The U.S. supermarket and grocery industry have exhibited strong performance over a long time. Together, we think these factors mean grocery stocks, Kroger (KR), Albertsons (ACI),…

Food prices have been rising , fueled by supply chain disruptions and increasing labor costs amid growing demand and consumer spending. Therefore, we think grocery stocks Albertsons (ACI), BJ's Wholesale (BJ), and Weis Markets (WMK) should keep benefiting. Read on.