The Kroger Co. (KR)
| Market Cap | 39.17B |
| Revenue (ttm) | 150.14B |
| Net Income (ttm) | 2.15B |
| Shares Out | 721.79M |
| EPS (ttm) | 2.93 |
| PE Ratio | 18.52 |
| Forward PE | 12.05 |
| Dividend | $1.28 (2.36%) |
| Ex-Dividend Date | Aug 15, 2024 |
| Volume | 1,676,021 |
| Open | 53.32 |
| Previous Close | 53.31 |
| Day's Range | 53.28 - 54.43 |
| 52-Week Range | 42.10 - 58.34 |
| Beta | 0.44 |
| Analysts | Buy |
| Price Target | 57.92 (+6.73%) |
| Earnings Date | Sep 6, 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 12 analysts, the average rating for KR stock is "Buy." The 12-month stock price forecast is $57.92, which is an increase of 6.73% from the latest price.
News
Albertsons and Kroger agree to pause merger amid legal, regulatory challenges
Kroger and Albertsons announced that the two companies agreed to temporarily pause their $25 billion merger as a lawsuit filed by Colorado challenging their merger goes to trial.
Kroger, Albertsons agree to halt merger plans as Colorado trial progresses, state attorney general says
Grocery store chains Kroger Co. and Albertsons Inc. have agreed to put their merger plans on hold, as they await a court ruling on a Colorado state lawsuit to block the deal, the state's attorney gene...
Kroger, Albertsons Agree to Pause Merger as FTC, State Challenges Proceed
Kroger KR -1.61%decrease; red down pointing triangle and Albertsons ACI 0.94%increase; green up pointing triangle agreed to temporarily put their $20 billion deal on hold while antitrust enforcers pur...
Colorado judge temporarily halts Kroger-Albertsons merger, Bloomberg News reports
A Colorado judge issued an order temporarily blocking the proposed $25 billion merger between Kroger and Albertsons , which has been challenged by the state attorney general, Bloomberg News reported o...
Kroger Earns Top Score on Disability Equality Index for Fifth Consecutive Year
Awarded maximum score of 100 and named a best place to work for disability inclusion CINCINNATI , July 23, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced it received a top score on the...
Murray's Cheese Cave Aged Cheeses Win Seven Awards at American Cheese Society
Cheese Caves Celebrate 20 th Anniversary Year NEW YORK , July 22, 2024 /PRNewswire/ -- Murray's Cheese announced today that seven cheeses from their Cave Aged line have been named winners at the annu...
Ocado partner Kroger orders new automated technologies
British online supermarket and technology group Ocado said on Monday its U.S. partner Kroger had placed an order for a wide range of new automated technologies to roll out in warehouses across its net...
Back to School: Fuel your Performance with Kroger
Save on meal staples and school supplies under $1 to make it the best year ever CINCINNATI , July 18, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared back-to-school savings with Locked In ...
Hatch Chiles Have Arrived at Kroger
Famously flavorful favorite returns; sourced directly from local farms in Hatch, New Mexico CINCINNATI , July 16, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared that seasonal customer fav...
Jim Cramer names stocks that could rally, or fall, during another Trump presidency
CNBC's Jim Cramer on Monday named stocks that could stand to see gains if former President Donald Trump returns to office, as well as ones that may notch losses. "After this weekend, it sure seems lik...
Bayer and Kroger Team Up with Luke Bryan and Feeding America to Improve Access to Nutritious Food
CINCINNATI--(BUSINESS WIRE)--Bayer and Kroger joined forces with country music star Luke Bryan and Feeding America to bring healthy food to more families who need it. According to Feeding America's la...
Kroger, Albertsons identify nearly 600 locations they will sell to get merger approved
Kroger and Albertsons, who are looking to merge, have identified the 579 locations across the country that they intend to offload from their combined grocery store count.
Boost Bonus Days to Hit Kroger
Boost by Kroger Plus members get exclusive access to more than $60 in savings during the two-week event CINCINNATI , July 8, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced a mega-sales...
Daily Dividend Report: AT&T, Kroger, Matson, Pfizer, Edison
The board of directors of AT&T today declared a quarterly dividend of $0.2775 per share on the company's common shares. Dividends on the common stock are payable on August 1, 2024, to stockholders of ...
Kroger's Board of Directors Raises Quarterly Dividend by 10%
CINCINNATI , June 27, 2024 /PRNewswire/ -- The Kroger Co.'s (NYSE: KR) Board of Directors approved a dividend increase from $1.16 to $1.28 per year. The next quarterly dividend of 32 cents per share w...
Kroger Recognizes Zero Heroes Across the U.S.
More than 14,600 students recognized for volunteering to serve local communities and fight hunger and waste CINCINNATI , June 25, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared that 14,6...
Independence Day is Red, White and Delicious at Kroger
Retailer helps families honor the holiday with easy grilling recipes for as little as $15 CINCINNATI , June 24, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared it is helping families honor...
Kroger To Gain From Long-Term Margin Support, Higher Customer Visits - Analyst Sees 'Attractive Entry Point'
BofA Securities analyst Robert F. Ohmes reiterated the Buy rating on Kroger Company KR, with a price objective of $70.
Latest on Kroger (KR)/Albertsons (ACI) Merger & Earnings
Kroger (KR) falls after earnings. Kroger reported respectable 1Q earnings as it continues its merger with Albertsons (ACI), notes Burt Flickinger.
Kroger CEO on consumer strength, and Albertsons merger
Rodney McMullen, Kroger CEO, joins 'Money Movers' to discuss what's happening with Kroger's pricing dynamic, if the budget-conscious consumer has positive momentum, and McMullen's thoughts on the Albe...
Kroger To Gain Traction From Households And Traffic Growth - Analyst Bullish On Future Sales
Telsey Advisory Group analyst Joseph Feldman reiterated the Outperform rating on Kroger Company KR, maintaining the forecast at $62.
GLP-1 drugs and other constraints in Kroger's pharmacies are crimping profits
Grocery-store chain Kroger Co. on Thursday reported better-than-expected first-quarter results, helped in part by more enthusiasm from wealthier shoppers, but executives warned that difficulties in th...
Kroger Posts Revenue Beat, Halts Stock Buybacks as It Seeks Approval of Albertsons Deal
Kroger (KR) reported revenue for the first quarter that beat analysts' estimates and said it would pause stock buybacks as it works to get regulatory approval of its $24.6 billion acquisition of rival...
Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key to gettin...
Kroger Stock Is Soaring. Earnings Topped Estimates.
The supermarket chain reported first-quarter adjusted earnings of $1.43 a share on revenue of $45.27 billion.