The Kroger Co. (KR)
| Market Cap | 32.88B |
| Revenue (ttm) | 147.80B |
| Net Income (ttm) | 1.88B |
| Shares Out | 719.42M |
| EPS (ttm) | 2.57 |
| PE Ratio | 17.79 |
| Forward PE | 9.90 |
| Dividend | $1.16 (2.54%) |
| Ex-Dividend Date | Nov 14, 2023 |
| Volume | 2,335,166 |
| Open | 45.27 |
| Previous Close | 45.17 |
| Day's Range | 45.13 - 45.72 |
| 52-Week Range | 42.10 - 50.36 |
| Beta | 0.47 |
| Analysts | Hold |
| Price Target | 51.30 (+12.23%) |
| Earnings Date | Feb 29, 2024 |
About KR
The Kroger Co. operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. The company's marketplace stores offer full-service ... [Read more]
Financial Performance
In 2022, The Kroger Co.'s revenue was $148.26 billion, an increase of 7.52% compared to the previous year's $137.89 billion. Earnings were $2.24 billion, an increase of 35.59%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for KR stock is "Hold." The 12-month stock price forecast is $51.3, which is an increase of 12.23% from the latest price.
News
Judge Dismisses Lawsuit Against Kroger's Proposed Acquisition of Albertsons
A U.S. judge has dismissed a consumer lawsuit that alleged Kroger's proposed acquisition of grocery chain operator Albertsons would lead to reduced competition and increased prices. In the Wednesday (...
US judge again rejects shoppers' lawsuit over Kroger's Albertsons deal
A U.S. judge on Wednesday dismissed a consumer lawsuit that claimed Kroger's proposed $24.6 billion acquisition of grocery chain operator Albertsons would diminish competition and drive up prices.
Kroger's Home Chef Partners With Delish as Grocers Monetize Recipe Content
As grocers seek ways to monetize consumers' enthusiasm for digital culinary content, Home Chef is partnering with Delish to create meal kits based on the popular food media brand's recipes. The Kroger...
Home Chef Collaborates with Delish to Deliver Simple, Satisfying Recipes
The menu spotlights Delish's most popular recipes, delivered directly to doorsteps for the first time CHICAGO , Dec. 18, 2023 /PRNewswire/ -- This winter, meal solutions company Home Chef is partneri...
Kroger's Cara Pratt On A Mission To End ‘Reckless' Retail Media Spend
Cara Pratt, the Senior Vice President of Kroger KR Precision Marketing (the grocer's retail media network) isn't content with just overhauling Kroger's own ad tech platform. She wants other retailers ...
Smithfield Foods Distributes Free "Hams for the Holidays" to Help 1,000 Families in Virginia
SMITHFIELD, Va. , Dec. 16, 2023 /PRNewswire/ -- Smithfield Foods distributed 1,000 spiral sliced hams to families and individuals in the Hampton Roads, Virginia, area to help fight hunger during the h...
Kroger Unwraps Big Holiday Savings
Retailer rounds up savings events and more CINCINNATI , Dec. 14, 2023 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared how it is providing increased savings, affordable meal planning ingredients...
Gatik and Kroger Celebrate Successful Autonomous Trucking Operations with City of Dallas and Texas State Partners
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--In a significant step forward for autonomous B2B logistics, Gatik AI Inc. (Gatik) and The Kroger Co. (NYSE: KR) announced the successful launch of the companies...
Kroger, GE Launch In-Oven Shopping as Grocers Tap Contextual Commerce
As grocers increasingly tap contextual commerce, Kroger is making it possible for consumers to place orders for ingredients directly from their ovens' touchscreens. GE Appliances announced Wednesday (...
Kroger Shares Make-Ahead, Home for the Holidays Meal Ideas
Retailer cooks up $12 make-ahead meals using SNAP-eligible ingredients CINCINNATI , Dec. 13, 2023 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared affordable meal planning ideas to make dinnerti...
Kroger employees to return to offices for more days from February
Kroger said on Tuesday its associates would be returning to its offices in Cincinnati and other locations for more days in the week from February next year.
Democrats in Congress call on FTC to block Albertsons-Kroger merger
A group of congressional Democrats wrote to the FTC calling for the agency to block the pending merger between Albertsons and Kroger over antitrust concerns.
Lawmakers call on U.S. regulator to thwart Kroger-Albertsons deal
Six U.S. lawmakers wrote to the Federal Trade Commission (FTC) on Monday expressing their opposition to the proposed $24.6-billion acquisition of grocery chain operator Albertsons by peer Kroger Co , ...
Murray's Cheese Launches New Monthly Subscription Clubs
Beloved cheese retailer makes holiday gifting easy, with award-winning cheeses and must-have foods for entertaining CINCINNATI , Dec. 11, 2023 /PRNewswire/ -- The Kroger Co. (NYSE: KR), today shared ...
Kroger Continues Nutritional Push With Soda Health Partnership
Kroger has teamed with Soda Health to give consumers greater access to pharmacy and nutrition services. The companies' “Smart Benefits” partnership combines Kroger Health's services with Soda Health's...
Kroger and Soda Health Collaborate to Launch a Smart Benefits Program to Improve Health and Nutrition Security
The program provides access to personalized benefits for food, health products, pharmacy and nutrition services as well as other social care needs CINCINNATI , Dec. 7, 2023 /PRNewswire/ -- Kroger Heal...
Kroger shares are begging to be bought
The price action in Kroger NYSE: KR has been under pressure for more than a year as it struggles to close the deal with Albertson's NYSE: ACI. Deal or not, the stock trades at a deep value and offers ...
Kroger Takes Short-Term Margin Hit on eCommerce to Drive Long-Term Growth
As Kroger continues to drive double-digit digital growth, the grocery giant is accepting a negative impact on profit margins for the time being, betting on its digital transformation to drive long-ter...
Kroger CEO: We continue to expect 'slight inflation' in 2024
Kroger CEO Rodney McMullen joins 'Squawk on the Street' to discuss what led McMullen to downgrade Kroger's expectations on sales growth, any big changes in consumer behavior during the quarter, and mo...
Kroger Lowers Sales Estimate. The Stock Declines.
Shares were down more than 1% in early trading Thursday.
Kroger's earnings top estimates but company offers cautious guidance for full year amid food-at-home disinflation
Kroger Co. KR, -0.64% posted better-than-expected third-quarter earnings early Thursday, but offered cautious guidance for the full year amid continued near-term economic pressures and food-at-home di...
Kroger Reports Third Quarter 2023 Results and Updates Guidance
Third Quarter Highlights Identical Sales without fuel decreased 0.6%; underlying Identical Sales without fuel increased 1.0%( 1) Operating Profit of $912 million; EPS of $0.88 Adjusted FIFO Operating...
Will Kroger Earnings Distance The Stock From Recent Lows?
Supermarket giant Kroger (KO) is gearing up for its third-quarter earnings report, due out before the market opens on Thursday, Nov. 30.
Earnings Exchange: Salesforce, Kroger & Cracker Barrel
Quint Tatro, Joule Financial founder and president, joins 'The Exchange' to discuss Salesforce, Kroger, and Cracker Barrel.
Kroger Health Shares Health and Wellness Tips During Cold and Flu Season
HSA/FSA savings event runs November 29 through December 12 CINCINNATI , Nov. 28, 2023 /PRNewswire/ -- The Kroger Co. (NYSE: KR), today shared health and wellness tips from Kroger Health to support pat...