The Kroger Co. (KR)
Market Cap | 39.01B |
Revenue (ttm) | 150.04B |
Net Income (ttm) | 2.16B |
Shares Out | 721.69M |
EPS (ttm) | 2.96 |
PE Ratio | 18.31 |
Forward PE | 11.82 |
Dividend | $1.16 (2.14%) |
Ex-Dividend Date | May 14, 2024 |
Volume | 5,794,953 |
Open | 54.51 |
Previous Close | 54.44 |
Day's Range | 53.84 - 54.55 |
52-Week Range | 42.10 - 58.34 |
Beta | 0.49 |
Analysts | Buy |
Price Target | 55.18 (+1.81%) |
Earnings Date | Jun 13, 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 2023, The Kroger Co.'s revenue was $150.04 billion, an increase of 1.20% compared to the previous year's $148.26 billion. Earnings were $2.16 billion, a decrease of -3.57%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for KR stock is "Buy." The 12-month stock price forecast is $55.18, which is an increase of 1.81% from the latest price.
News
Kroger Rings in Sunny Season with Fresh Favorites
Retailer shares hacks to eat "in season" this spring and summer CINCINNATI , May 15, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared how customers can make the most of warm weather meals b...
Kroger Health Launches New Senior-focused Primary Care in Eight Clinics in Atlanta
The expansion of value-based care offerings through The Little Clinic will help address the growing healthcare needs of seniors in Georgia ATLANTA , May 14, 2024 /PRNewswire/ -- Kroger Health, the hea...
Worried About a Market Swoon? Consider Consumer Staples Stocks.
The market may have come too far, too fast, and could be due for a pause. If that does happen, staples could become attractive again.
Kroger Awarded 2024 Platinum Bell Seal for Workplace Mental Health
For the third consecutive year, retailer recognized for commitment to mental health CINCINNATI , May 6, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), today announced it has been awarded the 2024 Pla...
Kroger Makes Celebrating Mom even Easier
Retailer shares Mother's Day gift guide to honor mom CINCINNATI , May 2, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared it is making Mother's Day celebrations extra special with thoughtfu...
Report: Kroger and Disney Exploring Streaming Service Offering
Kroger and Walt Disney Co. are reportedly exploring a partnership that would offer the Disney+ streaming service to subscribers of Kroger's grocery delivery program. If a deal is struck, Kroger Boost ...
Kroger in talks to bring Disney+ to its grocery delivery program, Bloomberg News says
Kroger and Walt Disney's are in talks to bring streaming service Disney+ to the food retailer's grocery delivery program, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Celebrate Derby Day Traditions with Kroger
Retailer shares Kentucky Derby recipes and traditions ahead of the 150th anniversary CINCINNATI , April 29, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared it is celebrating the Kentucky D...
Kroger, Albertsons to sell 166 more stores with $25B merger in limbo
Kroger and Albertsons plan to sell an additional 166 stores to C&S Wholesale Grocers, bringing the total to 579 stores that would be sold to make way for their proposed merger.
Albertsons and Kroger Agree to Sell More Stores to Get Merger Approval
Albertsons (ACI) shares declined in intraday trading Monday as the supermarket chain and Kroger (KR) agreed to sell off more stores in order to get regulatory approval for Kroger's $24.6 billion acqui...
Kroger, Albertsons to Sell More Stores, Looking to Appease Regulators
Kroger and Albertsons have agreed to sell over 160 additional stores in a divestiture package, a bid to appease competition regulators and close their long-pending merger.
Kroger and Albertsons Have a New Plan. Albertsons Earnings Take a Back Seat.
Grocery chains Kroger and Albertsons now plan to sell more locations and assets. Albertsons also reported strong earnings for the fiscal fourth quarter.
Kroger, Albertsons amend asset sale agreement with C&S Wholesale
Kroger and Albertsons Cos said on Monday that they have amended their definitive agreement with C&S Wholesale Grocers for the sale of assets in connection with their proposed merger.
Kroger, Albertsons Companies and C&S Wholesale Grocers, LLC Announce an Updated and Expanded Divestiture Plan
Amended Divestiture Plan Adds Stores, Facilities and Banner Names to Enhance Competition in Overlap Geographies and to Address Regulator Concerns CINCINNATI , April 22, 2024 /PRNewswire/ -- The Kroger...
Kroger Invites Prospective Associates to Discover a Career
Company hiring for salaried and hourly roles in retail, supply chain, healthcare and delivery CINCINNATI , April 17, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), today announced it is seeking to hi...
Sewing Down South for HD Designs Hits Kroger Stores Nationwide
Bravo's Southern Charm star Craig Conover and retailer launch home-décor collaboration CINCINNATI , April 16, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced the launch of SDS for HD, a...
Large Fund Bets Big on Groceries in the Face of Persistent Inflation
Alaska Permanent, the largest U.S. state wealth fund, tripled its investments in Walmart and Kroger.
Luminosity Partners with Kroger to Launch the Luminosity Invitational Presented by Kroger Gaming
Super Smash Bros. Ultimate Event to Feature Live Competition from Top Smash Professionals, Including Luminosity's Own MkLeo Super Smash Bros. Ultimate Event to Feature Live Competition from Top Smash ...
Kroger Kicks Off a Latin Flavor Take Over Four-Week Event
Retailer celebrates Latin cuisine and culinary tradition leading up to Cinco de Mayo CINCINNATI , April 10, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced it is kicking-off Cinco de Ma...
Kroger Zero Hunger | Zero Waste Foundation Sponsors National STEM Festival
Foundation leading conversations on food access, food security and waste challenges CINCINNATI , April 9, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) Zero Hunger | Zero Waste Foundation today annou...
MCoBeauty, Coveted Australian Beauty Brand, Expands to the U.S. Market Available Exclusively at Kroger
Luxe for less, cruelty-free makeup and skincare brand launches at Kroger CINCINNATI , April 4, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced MCoBeauty, Australia's fastest-growing bea...
Nutri-Grain® and King Soopers Join No Kid Hungry to Help End Summer Hunger for Colorado Kids and Families
$50,000 joint donation to No Kid Hungry will help kids access meals over the summer. CHICAGO, April 4, 2024 /PRNewswire/ -- All kids deserve a great summer, but for millions of children who rely on sc...
Home Chef Launches New National Food Rescue Program
With a combination of organic waste recycling and food donations, Home Chef diverts food from landfills CHICAGO , April 2, 2024 /PRNewswire/ -- Home Chef, the leading meal solutions company available ...
Kroger Invites Customers to Join in Celebration of Earth Month
Retailer recognizing Earth Month by protecting wildlife, introduces new reusable bags CINCINNATI , April 1, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), today announced it is celebrating Earth Day ...