Albertsons Companies’ Upcoming Q3 Results Preview
<p>RBC Capital analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/ACI'>Albertsons Companies, Inc. (NYSE:ACI)</a> ahead of the upcoming Q3 results announcement.</p>
<p>The analysts believe Q3 fundamentals will largely be glossed over by investors given the pending merger with KR. Inflation and merger commentary will likely be the primary focus. </p>
<p>The analysts remain of the view that the FTC will push for divestitures towards the upper end of the 650-store limit outlined in the merger agreement. They ultimately believe shares will trade sideways until there is more clarity on a potential outcome. </p>
<p>According to the analysts, food channel dollar sales throughout the company's regions grew approximately 7.4% in Q3 (vs. Street’s 4.5%) and are trending up 9.7% Q4 to date.</p>

NYSE:ACI