Albertsons ACI 5.84% Cos. had a tough time catching investors’ attention this year. Digital sales didn’t slow down much either, more than tripling last quarter compared with a year earlier. Seafood sales grew 46% last quarter compared with a year ago and floral sales were up 20%. Roughly 80% of Albertsons’ stores are located in the 15 states hardest hit by Covid-19, according to a Yelp data analysis RBC conducted. Albertsons shares are still stuck at 0.1 times forward-12-month sales.

Source: Wall Street Journal October 20, 2020 17:37 UTC