Kroger(KR)

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Why Kroger (KR) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-04-16 14:55
Company Overview - The Kroger Co. is undergoing a significant transformation in the grocery industry, focusing on plant-based products and technological advancements [11] - The company has acquired Home Chef and partnered with Ocado to enhance its online ordering and delivery capabilities [11] - Kroger has introduced Kroger Ship for grocery delivery and has collaborated with Nuro for driverless car delivery services [11] Investment Ratings - Kroger is rated 2 (Buy) on the Zacks Rank, indicating a positive outlook [12] - The company has a VGM Score of A, suggesting strong overall performance across value, growth, and momentum metrics [12] Performance Metrics - Kroger's shares have increased by 3.3% over the past four weeks, indicating positive momentum [12] - Five analysts have revised their earnings estimates upward for fiscal 2026, with the Zacks Consensus Estimate rising by $0.02 to $4.74 per share [12] - The company has an average earnings surprise of 2.6%, reflecting its ability to exceed earnings expectations [12] Conclusion - With a solid Zacks Rank and high Momentum and VGM Style Scores, Kroger is positioned as a strong candidate for investment consideration [13]
Kroger Appoints Key Retail Leaders
Prnewswire· 2025-04-15 20:05
Joe Kelley Named SVP of Retail Divisions Kenny Kimball Named Smith's Division President Chris Albi Named King Soopers Division President Kendra Doyel Named Food 4 Less Division President CINCINNATI, April 15, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced several appointments of experienced enterprise leaders to retail roles. Kroger appointed Joe Kelley, president of the Colorado-based King Soopers & City Markets division, to be senior vice president of Retail Divisions. Kelley is an indu ...
What Makes Kroger (KR) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-04-15 17:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Are Retail-Wholesale Stocks Lagging The Kroger Co. (KR) This Year?
ZACKS· 2025-04-15 14:46
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Kroger (KR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Kroger is one of 210 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #9 within the Zacks Sector Rank. T ...
Get Hopping to Kroger for Easter Meal Essentials Under $6 per person
Prnewswire· 2025-04-07 17:30
Retailer promises an affordable holiday meal and shares DIY inspiration for the entire familyCINCINNATI, April 7, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced it is making Easter more affordable with a holiday meal that includes all the staples for less than $6 per person. Complete with ham, sides and dessert families can enjoy the day without skipping their seasonal favorites. Kroger is making Easter more affordable with a holiday meal that includes all the staples for less than $6 per p ...
Stock Of The Day: Is The Kroger Rally Finally Over?
Benzinga· 2025-04-07 14:04
Shares of The Kroger Co. KR are lower Monday. This comes after they traded at an all-time high Friday.‘There's always a bull market somewhere' is an old Wall Street expression. Kroger proves that it’s true. Because of this, our team of technical analysts has made it our Stock of the Day.Most of the market is in a freefall. But some of the money coming out of most stocks has been going into some others. Kroger has been one of them.Many institutional investment managers, such as hedge funds or mutual funds, ...
The Kroger Co.: Attractive Even In This Environment
Seeking Alpha· 2025-04-07 03:32
Group 1 - The Kroger Co. is viewed positively as a 'buy' candidate, reaffirmed in December of the previous year [1] - The investment focus is on cash flow and companies that generate it, highlighting value and growth prospects [1] Group 2 - An investment service and community centered on oil and natural gas is offered, emphasizing cash flow analysis [2] - Subscribers have access to a stock model account and in-depth analyses of exploration and production firms [2]
Kroger(KR) - 2025 Q4 - Annual Report
2025-04-01 20:18
Company Operations - Kroger operates 2,731 supermarkets across 35 states and the District of Columbia, with 2,273 having pharmacies and 1,702 featuring fuel centers[23]. - Approximately 63 million households are served annually, with over 95% of transactions linked to a Kroger loyalty card[31]. - As of February 1, 2025, Kroger owns 33 food production plants, contributing to the production of approximately 31% of its private label items[30]. - Kroger has implemented over 200 business continuity plans to manage risks related to natural disasters and supply chain disruptions[44]. - The company is investing in technology and processes to fulfill customer orders conveniently and cost-effectively, which is essential for maintaining competitiveness in the evolving retail landscape[54]. - The company is committed to developing a relevant digital experience for customers, which is crucial for the success of its digital business[55]. - The company plans to invest in major store projects to increase both in-store and online sales, aiming to serve more households[122]. - Total supermarket square footage increased to 182 million in 2024 from 180 million in 2023, with 16 new stores opened[215]. Financial Performance - Total sales for 2024 were $147.123 billion, a decrease of 1.9% compared to $150.039 billion in 2023[127]. - Operating profit reached $3.849 billion, representing a 24.3% increase from $3.096 billion in 2023[127]. - Net earnings attributable to The Kroger Co. were $2.665 billion, a 23.2% increase compared to $2.164 billion in 2023[127]. - Digital sales exceeded $13.0 billion in annual sales, with Delivery solutions growing by 18% in 2024[132]. - Share repurchases totaled $4.194 billion, including 68.4 million shares at an average price of $61.31 per share[129]. - Dividends paid increased by 10.9% to $883 million, with dividends per common share rising to $1.22[127]. - The company reported a cumulative total shareholder return of 255.56% from 2019 to 2024, outperforming both the S&P 500 Index and its peer group[107]. - The effective income tax rate decreased to 20.0% in 2024 from 23.5% in 2023, influenced by tax benefits from the sale of Kroger Specialty Pharmacy[179]. Employee and Labor Relations - Kroger invested approximately $192 million in associate training and development in 2024, with a focus on onboarding and leadership programs[35]. - The average hourly wage for Kroger associates exceeded $19 in 2024, reflecting a 38% increase over the past seven years, totaling over $2.7 billion in wage investments[38]. - Nearly two-thirds of associates are covered by collective bargaining agreements, with approximately 350 agreements in place, which could impact financial condition if negotiations fail[57]. - The company is committed to fair wages and benefits, but changes in wage regulations could affect future financial performance[58]. - Recent key executive changes may pose challenges in recruitment and retention of qualified associates, potentially impacting business operations[59]. Digital and Marketing Strategy - Kroger's seamless digital ecosystem includes Pickup and Delivery services available at 2,412 supermarkets, enhancing customer convenience[28]. - Kroger's retail media business, Kroger Precision Marketing, is a key driver of digital profitability and alternative profit streams[31]. - The company aims to grow profits by increasing loyal households, customer traffic, and digitally engaged customers, leveraging data insights from its retail grocery business[53]. - Kroger's digital sales are expected to grow at a double-digit rate, outpacing other food-at-home sales over time[122]. Risks and Challenges - The competitive environment is characterized by intense competition from various retail formats, including online retailers and grocery delivery services, which increases the need for the company to adapt quickly to customer preferences[52]. - The company faces risks related to its ability to compete effectively and meet customer expectations, which could adversely affect its financial condition and results of operations[51]. - The company anticipates significant costs associated with replacing refrigerant infrastructure due to climate-related legislation[43]. - Rapid developments in AI technology may increase competitive and security risks, necessitating further investment in innovation and compliance[61]. - The company faces potential liabilities from payment processing systems, including compliance with PCI DSS standards, which could affect financial results if breached[69]. - Indebtedness may limit the ability to secure additional financing and increase vulnerability to economic downturns[70]. - Compliance with evolving laws and regulations could increase operational costs and affect financial performance[71]. - Future regulatory changes regarding health and safety standards could significantly increase business costs and operational requirements[74]. - Kroger estimates exposure to ongoing legal proceedings, including opioid litigation, which could result in substantial losses[75]. Shareholder Returns and Investments - In 2024, Kroger paid quarterly cash dividends of $0.29 and $0.32 per share, with an expectation to continue increasing dividends over time based on earnings[103]. - Kroger's total shareholder return is projected to be within the target range of 8% to 11% over time[121]. - A $7.5 billion share repurchase program was approved on December 11, 2024, replacing the previous September 2022 program[218]. Pension and Financial Liabilities - The company anticipates an increase in contributions to multi-employer pension plans, potentially affecting financial condition and cash flows[77]. - Kroger bears investment risk for two multi-employer pension plans and may need to make additional contributions if investment results are unfavorable[78]. - Cash contributions to multi-employer pension plans were $398 million in 2024, down from $635 million in 2023 and $620 million in 2022[199]. - The estimated share of underfunding of multi-employer pension plans was approximately $1.9 billion as of December 31, 2024, a decrease of $630 million from $2.5 billion in 2023[202].
Five New Must-Try Items from Kroger Our Brands Lineup
Prnewswire· 2025-03-31 19:00
Retailer on-track to launch more than 900 new items in 2025 CINCINNATI, March 31, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's grocer, today shared it is introducing new Our Brands products, sharing five must try items hitting Kroger shelves. Customers can look forward to unique new products from Kroger®, Private Selection® and Simple Truth®, bringing Our Brands' signature quality and affordability to more grocery staples. Customers can look forward to unique new products from Kroger®, Private ...
Kroger's 2025 Digital Strategy Revealed: How Kroger is Reinventing Retail Through Innovation
GlobeNewswire News Room· 2025-03-27 10:04
Core Insights - The report titled "Enterprise Tech Ecosystem Series: The Kroger Co. - 2025" provides an overview of Kroger's technology activities, including digital transformation strategies, innovation programs, technology initiatives, investments, and acquisitions [1][4]. Company Overview - Kroger operates 2,722 supermarkets across the US as of February 3, 2024, with 2,257 having pharmacy outlets and 1,655 featuring fuel centers [2]. - The company utilizes various store formats, including multi-department stores, combination food and drug stores, price impact warehouses, and marketplace stores [3]. Technology Activities - The report covers insights into Kroger's digital transformation strategies and innovation programs [6]. - It provides an overview of technology initiatives, including partnerships, product launches, investments, and acquisitions [6]. - Detailed insights on each technology initiative are included, focusing on technology themes, objectives, and benefits [6]. Financial Insights - The report includes details on estimated ICT budgets and major ICT contracts [6]. Key Partnerships and Collaborations - The report highlights key partnerships and collaborations with major technology companies such as Google Cloud, Nvidia, Microsoft, and IBM [6].