SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
AMENDMENT TO ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Amendment: May 5, 2000
Date of Report Being Amended: April 25, 2000
Commission file number 1-6187
ALBERTSON'S, INC.
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(Exact name of Registrant as specified in its Charter)
Delaware 82-0184434
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(State of Incorporation) (Employer Identification Number)
250 Parkcenter Boulevard, P.O. Box 20, Boise, Idaho 83726
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (208) 395-6200
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Exhibit 13 Correction.
Correction is made to page 9 of Exhibit 13 to the Annual Report Form 10-K filed
April 25, 2000.
The amount on the line item "Shareholder related expense" on page 9 of Exhibit
13 should be included in the column headed 52 Weeks, January 29, 1998, rather
than in the column headed 53 Weeks, February 3, 2000.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this amendment to the report to be signed on its
behalf by the undersigned thereunto duly authorized.
ALBERTSON'S, INC.
(Registrant)
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Date: May 5, 2000 /s/ A. Craig Olson
Executive Vice President,
Chief Financial Officer
Exhibit 13, Page 9
Consolidated Earnings
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53 Weeks 52 Weeks 52 Weeks
February 3, January 28, January 29,
(In millions, except per share data) 2000 1999 1998
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Sales $ 37,478 $ 35,872 $ 33,828
Cost of sales 27,164 26,156 24,821
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Gross profit 10,314 9,716 9,007
Selling, general and administrative expenses 8,641 7,846 7,330
Merger-related and exit costs 396 195 13
Litigation settlement 37
Impairment - store closures 24
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Operating profit 1,240 1,651 1,664
Other (expenses) income:
Interest, net (353) (337) (294)
Shareholder related expense (34)
Other, net 12 24 14
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Earnings before income taxes and extraordinary item 899 1,338 1,350
Income taxes 472 537 553
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Earnings before extraordinary item 427 801 797
Extraordinary loss on extinguishment of debt,
net of tax benefit of $7 (23)
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Net Earnings $ 404 $ 801 $ 797
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Basic Earnings Per Share:
Earnings before extraordinary item $ 1.01 $ 1.91 $ 1.89
Extraordinary item (.05)
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Net Earnings $ 0.96 $ 1.91 $ 1.89
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Diluted Earnings Per Share:
Earnings before extraordinary item $ 1.00 $ 1.90 $ 1.88
Extraordinary item (.05)
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Net Earnings $ 0.95 $ 1.90 $ 1.88
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Weighted Average Common Shares Outstanding:
Basic 422 419 422
Diluted 423 422 423
See Notes to Consolidated Financial Statements