The Kroger Co. (KR)
| Market Cap | 44.76B |
| Revenue (ttm) | 149.88B |
| Net Income (ttm) | 2.75B |
| Shares Out | 723.61M |
| EPS (ttm) | 3.78 |
| PE Ratio | 16.36 |
| Forward PE | 13.30 |
| Dividend | $1.28 (2.07%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 23,854,725 |
| Open | 61.70 |
| Previous Close | 60.96 |
| Day's Range | 61.12 - 62.97 |
| 52-Week Range | 44.48 - 63.59 |
| Beta | 0.47 |
| Analysts | Buy |
| Price Target | 64.86 (+4.87%) |
| Earnings Date | Dec 5, 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 $2.15 billion, a decrease of -3.51%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for KR stock is "Buy." The 12-month stock price forecast is $64.86, which is an increase of 4.87% from the latest price.
News
Kroger Announces Agreements for $5.0B Accelerated Share Repurchase Program
CINCINNATI, Ohio , Dec. 19, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced that it entered into Accelerated Share Repurchase ("ASR") agreements with each of Wells Fargo Bank, National ...
Berkshire Hathaway For Dividend Investors: My Favorite Buffett Dividend Stock
Warren Buffett's Berkshire Hathaway doesn't pay dividends because Buffett believes his team allocates capital better than individual investors could. Dividend investors seek reliable cash flows for re...
Forbes Recognizes Kroger as a Leader in Workplace Culture and Pharmacy Customer Service
CINCINNATI , Dec. 17, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR), America's Grocer, today announced its Forbes recognition as one of America's Best Employers for Tech Workers and for providing exce...
2 REITs To Add To Your Christmas List And When To Buy For A Margin Of Safety
Agree Realty and VICI Properties are high-quality REITs with strong fundamentals and impressive total returns, but currently offer little margin of safety due to their run-up in share prices. Investin...
Food Fight With Kroger Spells Trouble for Albertsons
Albertsons faces daunting challenges as a stand-alone company.
Kroger Offering More than $1,200 in Weekly Savings Ahead of the Holidays
CINCINNATI , Dec. 13, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's grocer, today shared all the ways customers can save as they prepare for the holiday season, offering more than $1,200 i...
Local unions call on Kroger's board to replace CEO after $7.5 billion buyback plan
United Food and Commercial Workers local unions on Friday urged Kroger's board to replace CEO Rodney McMullen following the company's announcement of a $7.5 billion stock buyback plan after terminatin...
Kroger Vs. Albertsons: Which Stock Is The Best Bet After The Merger Breakup?
Albertsons is poised to sue for their deal termination fee which, if obtained, would most likely kill any chance for a future deal. ACI was priced on the merger closing and now remains very undervalue...
Top U.S. liquor distributor favored Costco, Kroger, other chains over small businesses: FTC
The Federal Trade Commission sued Southern Glazer's Wine and Spirits, accusing the company of illegal price discrimination. Southern's is the largest U.S. distributor of wine and spirits, and is the t...
These Analysts Boost Their Forecasts On Kroger
Kroger Company KR disclosed the termination of its merger agreement with Albertsons Companies, Inc. ACI following a preliminary injunction by the U.S. District Court in Oregon.
Kroger's stock is on pace to close at record high as Albertsons deal dies. It faces these questions ahead.
Free from the financial burdens of trying to buy rival Albertsons, shares of supermarket giant Kroger were sitting at new highs on Thursday.
Kroger Stock Rises on Resumed Buybacks After Collapse of Albertsons Merger
Kroger (KR) shares rose Thursday morning after the grocery chain laid out its plans for the future now that its proposed merger with Albertsons (ACI) has been called off, including a new $7.5 billion ...
Albertsons is now suing Kroger for billions. That won't help it find another buyer, analysts say.
Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after two judges blocked it.
Kroger Reiterates Its Commitment to Lower Prices and Initiates New $7.5B Share Buyback Program
Reiterates Commitment to Investing in America to Lower Grocery Prices, Raise Associate Wages, and Support Local Communities Highlights Resilience of Value Creation Model and Strong Momentum to Drive L...
Albertsons sues Kroger, terminates deal after federal judge blocks massive grocery merger
Albertsons terminated the merger and blamed Kroger for breaching the terms of its agreement.
Albertsons Takes Kroger to Court After Grocery Merger Collapses
Albertsons has sued fellow grocery giant Kroger over the failure of their $24.6 billion merger. The company said Wednesday (Dec. 11) that it has filed a lawsuit in the Delaware Court of Chancery, accu...
The Kroger-Albertsons Deal Is Off. Courthouse Drama Could Be Next
The deal is over. The story isn't.
Lifeway Foods Announces New ProBugs Organic Kefir Distribution in More than 250 Harris Teeter Stores
MORTON GROVE, Ill. , Dec. 11, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. manufacturer of kefir and fermented probiotic products, announced the...
Albertsons files lawsuit against Kroger for breach of merger agreement
CNBC's Sara Eisen reports on news regarding two large grocery store operators.
Kroger Statement Responding to Albertsons' Baseless Lawsuit
CINCINNATI , Dec. 11, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today issued the following statement: Albertsons' claims are baseless and without merit. Kroger refutes these allegations in the st...
Albertsons Sues Kroger, Terminates Merger After Judge Blocks Supermarket Megadeal
Albertsons' lawsuit said the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 billion deal.
Albertsons Sues Kroger After Judge Blocks $25 Billion Merger
Grocery store chain Albertsons formally terminated nearly $25 billion merger agreement with rival Kroger on Wednesday, a day after a federal judge blocked the deal—with Albertsons filing a lawsuit acc...
Albertsons sues Kroger after judge rules against grocery merger
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger. Albertsons filed a lawsuit against its fellow supermarket operator, saying Kroger violated its contract and did...
Albertsons terminates $25 billion merger with Kroger after regulatory hurdle
Albertsons on Wednesday terminated its $25 billion merger agreement with Kroger after the U.S. District Court in Oregon and the King County Superior Court for the State of Washington blocked the deal.
Albertsons Files Lawsuit Against Kroger for Breach of Merger Agreement
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) (“Albertsons”) today filed a lawsuit against The Kroger Co. (NYSE: KR) (“Kroger”) in the Delaware Court of Chancery, bringing clai...