From Yahoo Finance: 2025-03-30 08:57:00

Consumer confidence in the US is plunging, hitting a new low in March with a 7.2-point drop in the Conference Board’s index. Future estimates are even bleaker, dropping to 65.2, the lowest in 12 years. Concerns over tariffs and a volatile stock market are contributing to the decline, with older consumers primarily affected.

Headwinds like inflation and high interest rates are causing problems for companies, compounded by worsening consumer sentiment and tariff uncertainty. Consumer-facing businesses are warning of softer sales in the first quarter of 2025. Analysts predict a tough year ahead, with 2025 shaping up to be more challenging than expected.

Albertsons Companies, Inc. (ACI) is a US-based food and drug retailer with over 2,200 stores. RBC Capital raised their price target on ACI to $23, citing strong performance in 2024. Total revenue grew by 10%, EBITDA increased by 18%, and cash flow doubled. ACI ranks 9th on the list of top consumer staples stocks to buy now.



Read more at Yahoo Finance: Is Albertsons Companies, Inc. (ACI) the Best Consumer Staples Stock to Buy According to Analysts?