The Kroger Co. (KR)

NYSE: KR · IEX Real-Time Price · USD
55.49
-0.42 (-0.75%)
At close: Apr 26, 2024, 4:00 PM
55.48
-0.01 (-0.02%)
After-hours: Apr 26, 2024, 7:59 PM EDT
-0.75%
Market Cap 40.05B
Revenue (ttm) 150.04B
Net Income (ttm) 2.16B
Shares Out 721.69M
EPS (ttm) 2.96
PE Ratio 18.75
Forward PE 12.10
Dividend $1.16 (2.09%)
Ex-Dividend Date May 14, 2024
Volume 3,388,348
Open 55.67
Previous Close 55.91
Day's Range 55.38 - 55.99
52-Week Range 42.10 - 58.34
Beta 0.48
Analysts Buy
Price Target 55.18 (-0.56%)
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 a decrease of -0.56% from the latest price.

Price Target
$55.18
(-0.56% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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
4 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
4 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
4 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
4 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
4 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
4 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...

9 days 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...

10 days 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
13 days 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 ...

15 days 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...

16 days 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...

17 days 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...

22 days 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...

22 days 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 ...

24 days 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 ...

25 days ago - PRNewsWire

A $20 Billion Deal Depends on Whether You Think Walmart Is a Supermarket

Antitrust authorities say Kroger's planned Albertsons takeover will leave fewer traditional supermarkets to compete for Americans' dollars.

Other symbols: ACI
4 weeks ago - WSJ

Oh Goodness Gravy! Home Chef Debuts its First-Ever Family Menu Collaboration with Hit Series Bluey

The special collaboration features Bluey-themed recipes and surprise collectibles every week throughout April, with ordering live TODAY CHICAGO , March 25, 2024 /PRNewswire/ -- Home Chef, the leading ...

4 weeks ago - PRNewsWire

Kroger Offloading Specialty Pharmacy Suggests Sometimes Less Is More

With Kroger selling off its specialty pharmacy business, it seems that retailers' efforts to pack more and more into their stores may not always be the right move. The Kroger Company announced plans t...

5 weeks ago - PYMNTS

Kroger Announces Plan to Sell Specialty Pharmacy Business to Elevance Health

Grocery-store chain  Kroger (KR) is selling its specialty pharmacy business to U.S. health insurer Elevance Health (ELV).

Other symbols: ELV
5 weeks ago - Investopedia

Kroger to Sell Specialty Pharmacy Business to Elevance Health's CarelonRx

Grocery store operator The Kroger Company plans to sell its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health. Kroger has entered into a definitive agreement for the sale, the ...

Other symbols: ELV
5 weeks ago - PYMNTS

Kroger to Sell Specialty Pharmacy Business

The grocery-store chain plans to sell the business to an Elevance Health subsidiary.

5 weeks ago - WSJ

Kroger to sell its specialty pharmacy business

Supermarket chain Kroger Co. on Monday agreed to sell its specialty pharmacy business, saying it would be better off as a standalone segment.

5 weeks ago - Market Watch

Kroger to sell specialty pharmacy business to Elevance Health's CarelonRx

Grocer Kroger said on Monday it had entered a definitive agreement for the sale of its specialty pharmacy business to CarelonRx, a unit of U.S. health insurer Elevance Health.

Other symbols: ELV
5 weeks ago - Reuters

Kroger Announces Definitive Agreement for Sale of Its Specialty Pharmacy Business

Specialty pharmacy serves patients with chronic illnesses who require complex care CINCINNATI , March 18, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) announced that it has entered into a definitive...

5 weeks ago - PRNewsWire