2024-06-07 23:32:54 ET
Summary
- Albertsons' financials have performed in a stable manner, on par with peers.
- As the company's merger with Kroger is priced to fail, the stock has been left trailing into a lower level.
- The stock trades at a very wide discount to peers, unexplained by the companies' financial performance.
Albertsons Companies, Inc. ( ACI ) operates grocery stores and drug stores in the United States with brands such as Albertsons, Safeway, Vons, Pavilions, and multiple others....
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Albertsons: Grocery Chains Shouldn't Trade At These Multiples