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Although e-commerce sales grew by 15%, this segment remains unprofitable. However, improvements in e-commerce returns are progressing rapidly, indicating potential future profitability.
Kroger's growth momentum with accelerating sales, strategic ROI-focused stores, and core drivers boosting efficiency, margins, and customer loyalty. See more on KR.
Kroger is undervalued with strong fundamentals, solid EPS growth, and buyback potential after the failed Albertsons merger.
Kroger reported a solid $2.7 billion profit on $147.1 billion of sales in 2024. Of that total, some $13 billion came from e-commerce activities with digital revenues currently running at around 11% ...
Kroger reaffirmed the rest of its guidance, including adjusted earnings per share, which it still expects to be in the range of $4.60-$4.80. This report comes as Kroger is at a crossroads.
Ocado is optimistic about its partnership with Kroger, a major U.S. grocery firm, in expanding e-commerce operations despite recent leadership changes. With only eight of the planned twenty automated ...
At least two Virginia Kroger stores will be among the 60 locations the Cincinnati, Ohio-based company plans to shutter over the next 18 months to improve efficiency and profitability. Kroger announced ...
Early Thursday, Kroger posted a 15% decrease earnings decline to $1.14 per share, better than a feared 17% drop to $1.11. Revenue fell 7.4%, year over year, to $34.31 billion, a slight miss.
Kroger stock led S&P 500 gainers soon after the opening bell Friday as the grocery giant reported fiscal first-quarter profit and identical sales growth that came in above analysts' projections.
U.S. equities were mixed at midday as the market was cautious ahead of the weekend as the war between Israel and Iran ...
Kroger is waiting for a federal judge to rule on its proposed acquisition of Albertsons for about $24.6 billion, a deal it announced more than two years ago.
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