The Kroger Co. (KR)

NYSE: KR · IEX Real-Time Price · USD
54.20
-0.24 (-0.44%)
May 17, 2024, 4:00 PM EDT - Market closed
-0.44%
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]

Industry Grocery Stores
Founded 1883
Employees 414,000
Stock Exchange NYSE
Ticker Symbol KR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$55.18
(1.81% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

3 days ago - PRNewsWire

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...

4 days ago - PRNewsWire

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.

Other symbols: CLWMT
8 days ago - Barrons

Get Back to the Basics. 6 Consumer Staples Stocks to Play Right Now.

Prime examples are Coca-Cola and Hershey. They expect earnings and dividend growth, and have nice price/earnings multiples.

Other symbols: CLHSYKOPGPM
12 days ago - Barrons

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...

12 days ago - PRNewsWire

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...

16 days ago - PRNewsWire

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 ...

Other symbols: DIS
16 days ago - PYMNTS

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.

Other symbols: DIS
17 days ago - Reuters

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...

19 days ago - PRNewsWire

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.

Other symbols: ACI
25 days ago - Fox Business

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...

Other symbols: ACI
26 days ago - Investopedia

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.

Other symbols: ACI
26 days ago - WSJ

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.

Other symbols: ACI
26 days ago - Barrons

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.

Other symbols: ACI
26 days ago - Reuters

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...

Other symbols: ACI
26 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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.

Other symbols: WMT
4 weeks ago - Barrons

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 ...

5 weeks ago - GlobeNewsWire

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...

5 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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 ...

6 weeks ago - PRNewsWire

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 ...

6 weeks ago - PRNewsWire