SEC Comment Letter for Albertsons Companies, Inc. (ACI) (CIK 0001646972) (ACI) — Mar 25, 2020
Albertsons Companies, Inc. (ACI) (CIK 0001646972)
Date: March 25, 2020 · CIK: 0001646972 · Accession: 0000000000-20-002589
AI Filing Summary & Sentiment
File numbers found in text: 333-236956
Letter
March 18, 2020 Vivek Sankaran Chief Executive Officer Albertsons Companies, Inc. 250 Parkcenter Blvd. Boise, ID 83706 Re:Albertsons Companies, Inc. Registration Statement on Form S-1 Filed March 6, 2020 File No. 333-236956 Dear Mr. Sankaran: We have reviewed your registration statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this comment, we may have additional comments. Registration Statement on Form S-1 Filed March 6, 2020 Summary Consolidated Historical Financial and Other Data, page 20 1.Please present here and elsewhere in your filing as appropriate pro forma net income per common share for the most recent annual and interim periods presented to reflect the effect of the dividend requirement associated with the Series A mandatory convertible preferred stock to be issued in the offering and the proceeds from that offering for the Repurchase transaction. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.
FirstName LastNameVivek Sankaran Comapany NameAlbertsons Companies, Inc. March 18, 2020 Page 2 FirstName LastName Vivek Sankaran Albertsons Companies, Inc. March 18, 2020 Page 2 Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. You may contact Doug Jones at 202-551-3309 or Patrick Kuhn at 202-551-3308, if you have questions regarding comments on the financial statements and related matters. Please contact Jennifer López at 202-551-3792 or Lilyanna Peyser, at 202-551-3222, with any other questions. Sincerely, Division of Corporation Finance Office of Trade & Services
Show Raw Text
March 18, 2020
Vivek Sankaran
Chief Executive Officer
Albertsons Companies, Inc.
250 Parkcenter Blvd.
Boise, ID 83706
Re:Albertsons Companies, Inc.
Registration Statement on Form S-1
Filed March 6, 2020
File No. 333-236956
Dear Mr. Sankaran:
We have reviewed your registration statement and have the following comment. In our
comment, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe our comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your registration statement and the information you
provide in response to this comment, we may have additional comments.
Registration Statement on Form S-1 Filed March 6, 2020
Summary Consolidated Historical Financial and Other Data, page 20
1.Please present here and elsewhere in your filing as appropriate pro forma net income per
common share for the most recent annual and interim periods presented to reflect the
effect of the dividend requirement associated with the Series A mandatory convertible
preferred stock to be issued in the offering and the proceeds from that offering for the
Repurchase transaction.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
FirstName LastNameVivek Sankaran
Comapany NameAlbertsons Companies, Inc.
March 18, 2020 Page 2
FirstName LastName
Vivek Sankaran
Albertsons Companies, Inc.
March 18, 2020
Page 2
Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate
time for us to review any amendment prior to the requested effective date of the registration
statement.
You may contact Doug Jones at 202-551-3309 or Patrick Kuhn at 202-551-3308, if you
have questions regarding comments on the financial statements and related matters. Please
contact Jennifer López at 202-551-3792 or Lilyanna Peyser, at 202-551-3222, with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services