Albertsons Companies, Inc. (ACI) CEO Vivek Sankaran on Q3 2021 Results - Earnings Call Transcript

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Q3: 2022-01-11 Earnings Summary

10-Q
EPS of $0.79 beats by $0.19 | Revenue of $16.73B (8.56% Y/Y) beats by $666.46M

Albertsons Companies, Inc. (NYSE:ACI) Q3 2021 Results Conference Call January 11, 2022 8:30 AM ET

Company Participants

Melissa Plaisance - GVP of Treasury and Investor Relations
Vivek Sankaran - Chief Executive Officer
Sharon McCollam - President and Chief Financial Officer

Conference Call Participants

John Heinbockel - Guggenheim
Simeon Gutman - Morgan Stanley
Edward Kelly - Wells Fargo
Rupesh Parikh - Oppenheimer
Ken Goldman - JPMorgan
Michael Montani - Evercore ISI
Brandon Cheatham - Citi
Robby Ohmes - Bank of America
Scott Mushkin - R5 Capital
Karen Short - Barclays
Robert Moskow - Credit Suisse

Operator

Welcome to the Albertsons Companies Third Quarter 2021 Earnings Conference Call, and thank you for standing by. All participants will be in listen-only mode until the Q&A session. This call is being recorded

I would like to hand the call over to Melissa Plaisance, Senior Vice President, Investor Relations, Treasury and Risk Management. Please go ahead.

Melissa Plaisance

Good morning and thank you for joining us for the Albertsons Companies' Third Quarter 2021 Earnings Conference Call. With me today from the Company are Vivek Sankaran, our CEO; and Sharon McCollam, our President and CFO.

Today, Vivek will share insights into our third quarter results as well as review our progress against our strategic priorities. Sharon will then go into the financial details of our third quarter as well as updated full year 2021 outlook, before handing it back over to Vivek for some closing remarks. After the prepared remarks, we will conduct a Q&A session.

I would like to remind you that management may make statements during this call that are or could include forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are not limited to historical facts but contain information about future operating or financial performance. Forward-looking statements are based on our

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