Shares of grocery retailer Albertsons (ACI) rose Wednesday morning after the company reported better third-quarter earnings than analysts had expected, while sales fell just short of estimates. Albertsons recorded $400.6 million in net income for the quarter, up from $361.4 million the same time last year and the $318.1 million analysts had expected, according to estimates compiled by Visible Alpha. That profit came on $18.77 billion in revenue, better than $18.56 billion a year ago but narrowly below the ...

Exclusively available at the Kroger Family of Stores, Simple Truth® introduces six limited-time bundles designed to help customers survive Quitter's Day and maintain their better-eating resolutions. CINCINNATI, Jan. 7, 2025 /PRNewswire/ -- Each year, more than half The Kroger Co. (NYSE: KR) customers set New Year's resolutions, but staying committed to those resolutions takes a lot of effort. That's why Simple Truth®, the brand that makes finding products that are Free From unwanted ingredients easy, is hel ...

The Kroger Co. (KR) has made a significant move in returning value to its shareholders by entering into Accelerated Share Repurchase (“ASR”) agreements worth $5 billion. The agreements are part of Kroger's broader $7.5 billion share repurchase authorization. This step underscores Kroger's commitment to maximizing shareholder returns while leveraging its strong financial position.Digging the Details of KR’s Share Repurchase AgreementThe ASR transactions will be funded using Kroger's existing cash on hand. Th ...

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 Association and Citibank, N.A. (the "Dealers") to repurchase, in aggregate, $5.0 billion in shares of Kroger common stock. The ASR agreements will be completed under Kroger's recently announced $7.5 billion share repurchase authorization. Kroger is funding the share repurchases under the ASR agreements with exis ...

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 exceptional customer service through its Kroger Family of Pharmacies. "We are honored to be recognized by Forbes as one of the Best Employers for Tech Workers and for our unparalleled customer service specifically in pharmacy. This recognition is a testament to our remarkable associates and their commitment to servi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 The Kroger Co. (Exact name of registrant as specified in its charter) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 9, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-303 Ohio 31-0345740 (State or other jurisdiction of (I.R.S. Employer ...

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 in savings on everyday items and yuletide essentials across the store. Visit Kroger.com or the Kroger app where ahead of the holidays, Kroger is offering more than $1,200 per week in digital coupons. "This holiday season, we want customers to create lasting memories and share their tables with an open heart," ...

At least for now, the deal between Kroger (NYSE: KR ) and Albertsons (NYSE: ACI ) is off. Albertsons is poised to sue for their deal termination fee which, if obtained, would most likely kill any chance for a futureI'm a full time value investor and writer who enjoys using classical value ratios to pick my portfolio. Long-term focused on low P/B, P/FCF, Owner Earnings discounting, PEG ratios, the Graham Number and an occasional net-net hunter. I also believe tracking earnings growth versus price appreciatio ...

Cases of Beam Suntory Inc. Jim Beam brand bourbon sit stacked in the warehouse at Southern Glazer's Wine and Spirits LLC distribution center in Louisville, Kentucky, U.S., on Friday, Sept. 28, 2018.The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and spirits of illegal price discrimination that gave large chain buyers, including Costco and Kroger, much better prices than those offered to neighborhood grocery stores, convenience shops and independent liquor stores.Th ...

The Kroger Co. (KR) continues to solidify its leadership in the industry after the blocking of the merger deal with Albertsons Companies (ACI) . In the latest revelation, KR has terminated the merger agreement with ACI, following the U.S. District Judge, Adrienne Nelson, in Oregon has blocked this planned acquisition deal. According to media reports, this suit was brought by the Federal Trade Commission, along with eight states and the District of Columbia. (Read More: Kroger’s Deal to Acquire Albertsons Co ...