Bloomberg Technology

Albertsons Isn’t Debt- or Capital-Constrained, CEO Says

Jun.26 — Albertsons Cos. President and Chief Executive Officer Vivek Sankaran says the company is focused on the long term after faltering in its trading debut. He speaks with Bloomberg’s Caroline Hyde, Romaine Bostick and Taylor Riggs.

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Jun.26 — Albertsons Cos. President and Chief Executive Officer Vivek Sankaran says the company is focused on the long term after faltering in its trading debut. He speaks with Bloomberg’s Caroline Hyde, Romaine Bostick and Taylor Riggs.

5 Comments

  1. Robert Christensen

    June 26, 2020 at 11:11 pm

    Hello

  2. Joe Bloe

    June 27, 2020 at 5:32 am

    Jack in the Box called, Emily, their clown quit and they want to hire you to take its place!!

  3. Joe P

    June 27, 2020 at 11:04 am

    Albertsons CEO shouldn’t be the spoken of the company. He lacks energy to get the investor excited.

  4. Doug InOrlando

    June 28, 2020 at 5:39 pm

    Emily rocks the news with her fabulous smile … and her smart mind … and her professional due diligence.

  5. simpletonic

    June 28, 2020 at 7:48 pm

    Albertson’s will go the same way as DADA, initially dropping slightly but will rocket to 23-24 in next 2-3 weeks. Their current valuation puts their PE at 9, while KR is valued to 12 PE and KR has 14b debt vs 8b for ACI. This is a great entry point but I will buy more at 15.

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