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Savings Programs that offer Affordable Access to GLP-1s Available at Kroger
Prnewswire· 2026-02-24 16:40
Paired with nutrition support, fresh food and easy access to dietitians, Kroger can help customers reach wellness goals CINCINNATI, Feb. 24, 2026 /PRNewswire/ -- The Kroger Co. family of companies and its pharmacies ("Kroger") (NYSE: KR) participates in several savings programs, including those from pharmaceutical manufacturers, which may reduce eligible customers' cost of filling certain GLP-1 medications. Combined with Kroger's broad selection of fresh foods, proteinrich options and personalized support ...
JPMorgan Reiterates Buy Rating on EVGO
Yahoo Finance· 2026-02-23 14:58
EVgo, Inc. (NASDAQ:EVGO) is one of the 13 Best American Penny Stocks to Invest In. On February 16, JPMorgan reiterated its Buy rating on EVgo, Inc. (NASDAQ:EVGO) with a price target of $6 on the stock. In other news, on January 13, EVgo, Inc. (NASDAQ:EVGO) shared its plans to build at least 150 fast charging stalls each year through 2035 at Kroger Family of Stores locations across the United States. JPMorgan Reiterates Buy Rating on EVGO This move expands a partnership with The Kroger Co. (NYSE:KR) that ...
Kroger (KR) Navigates Thin Margins and Sluggish Industry Growth
Yahoo Finance· 2026-02-23 01:38
The Kroger Co. (NYSE:KR) is included among the 14 Best Warren Buffett Dividend Stocks to Buy. Kroger (KR) Navigates Thin Margins and Sluggish Industry Growth A CNBC report published on February 5 noted that The Kroger Co. (NYSE:KR)’s valuation remains relatively low, with the stock trading at 12.7x forward earnings. That is roughly half the multiple of the S&P 500, although it still ranks among the higher valuations within the grocery sector. The industry average stands at about 11.3x. The lower multiple ...
Is The Kroger Co. (KR) One of the Best Natural and Organic Food Stocks to Buy Now?
Yahoo Finance· 2026-02-19 14:49
The Kroger Co. (NYSE:KR) is one of the best natural and organic food stocks to buy now. The Kroger Co. (NYSE:KR) received a rating update from Jefferies on February 12, with the firm reaffirming a Buy rating on the stock with a price target of $80.00. In another development, The Kroger Co. (NYSE:KR) announced on February 9 that its Board of Directors appointed Greg Foran as Chief Executive Officer, effective immediately. The Kroger (KR) Surges 9.8% on Optimistic Sales Growth Outlook Foran succeeded Ron S ...
Kroger Celebrates Experience Makers in Honor of Supermarket Employee Day on Sunday, Feb. 22
Prnewswire· 2026-02-18 19:31
Core Insights - Kroger is celebrating Supermarket Employee Day on February 22, recognizing over 400,000 associates for their contributions to customer experience [1] - The company emphasizes the importance of associates in creating genuine connections with customers, enhancing the shopping experience [1] Group 1: Employee Recognition - Kroger acknowledges its associates as "experience makers," highlighting their role in providing friendly service and fresh food [1] - Tim Massa, executive vice president and chief associate experience officer, stated that associates bring heart to their work and shape customer experiences through care and creativity [1] Group 2: Employee Highlights - Jeff Bass, a Floral Creative Director, has dedicated 34 years to creating exceptional floral experiences for customers during significant life events [1] - Ashley Montgomery, an Assistant Store Leader in training, transitioned from a floral clerk to a leadership role, focusing on creating welcoming customer interactions [1] - Ana Sanchez, a Front End Leader with nearly 30 years at Ralphs, prioritizes building trust with customers and ensuring their needs are met [1] Group 3: Career Opportunities - Kroger invites individuals seeking career opportunities to apply through a mobile-friendly candidate experience, facilitating easy application processes [1] - The company aims to attract talent by highlighting the meaningful roles associates play in enhancing customer experiences [1] Group 4: Company Overview - Kroger serves over 11 million customers daily through various retail food stores and eCommerce platforms, employing more than 400,000 associates [1] - The company's mission includes creating ZeroHungerZeroWaste communities, reflecting its commitment to social responsibility [1]
Meet the serial CEO taking over Kroger: He started his career stacking supermarket shelves and went all in on retail at 17 thanks to his persistent mom
Yahoo Finance· 2026-02-11 16:01
Core Insights - Kroger has appointed Greg Foran as its new CEO, marking a significant leadership change for the $43 billion supermarket retailer [1][5] - Foran's appointment has resulted in an 8% increase in Kroger's shares, indicating positive market reception [5] Background of Greg Foran - Foran began his career at Woolworths in New Zealand, starting as a part-time shelf stocker at the age of 17 [2][3] - He was encouraged by his mother to pursue a career in retail, leading him to apply for a trainee manager position at Woolworths [3] - Over a 30-year career at Woolworths, Foran quickly rose through the ranks, becoming one of the youngest store managers at the age of 20 [4] Previous Leadership Experience - Foran has a 14-year history of serving as CEO at billion-dollar companies, including Walmart and Air New Zealand [6][8] - After leaving Woolworths, he joined Walmart, where he became president and CEO of Walmart China in 2012, later overseeing Walmart U.S. [7] - Foran's leadership at Air New Zealand began in 2020 during the pandemic, which significantly impacted the travel industry [8]
Does a New CEO Make This Time-Tested Dividend Stock a Buy Now?
Yahoo Finance· 2026-02-11 14:00
Core Viewpoint - The Kroger Company's stock surged 3.9% following the appointment of Greg Foran as CEO, marking a significant leadership change after a year-long search [1] Group 1: Leadership and Management - Greg Foran, the new CEO, has a strong track record, having previously led Walmart's U.S. operations and served as CEO of Air New Zealand, where he achieved 20 consecutive quarters of comparable sales growth [2] - Foran's operational expertise is expected to help Kroger navigate challenges such as pressured consumer spending and increased competition, particularly from Walmart [3] Group 2: Company Overview - Kroger operates over 2,700 supermarkets, 2,200 pharmacies, and 1,700 fuel centers across 35 states and Washington, D.C., with a market capitalization of nearly $44.4 billion [4] - The company integrates physical retail with digital platforms and has a focus on omnichannel pickup and delivery [4] Group 3: Stock Performance - Kroger's stock has increased by 4.2% over the past year and 5.56% in the last three months, with a notable 6% rise in the last five trading sessions due to leadership changes [5] - The stock is currently trading at 14.61 times forward adjusted earnings and 0.30 times sales, both below industry averages, indicating a potentially discounted valuation [8] Group 4: Dividend Information - Kroger has a strong dividend history, having raised its dividends for 19 consecutive years, with an annual payment of $1.40 per share, yielding 2% [8] - The next dividend payment of $0.35 per share is scheduled for March 1, payable to shareholders of record on February 13 [8]
Skip the Reservation: Kroger Makes Valentine's Day Special with Surf and Turf Savings
Prnewswire· 2026-02-10 18:00
Core Insights - Kroger is promoting a special Surf and Turf dinner for Valentine's Day, encouraging customers to celebrate at home without needing reservations [1] - The company emphasizes quality ingredients and affordability, aiming to provide a restaurant-like experience for customers [1] Promotions and Offers - Customers can enjoy special offers including discounts on various products such as blueberries at $1.99 per pint and boneless strip steak for $9.99 per pound, valid from February 11 [1] - Kroger is offering 20% off any six bottles of wine and wild caught lobster tails at 2 for $10 [1] Culinary Tips - Kroger's culinary experts provide tips for preparing surf and turf, including selecting quality seafood and the best cuts of steak, such as ribeye and filet mignon [1] - Recommendations include using Private Selection® Cracked Peppercorn seasoning and salting steak ahead of cooking for better flavor [1] Floral Delivery Service - Kroger is partnering with DoorDash and Uber Eats for on-demand floral delivery, offering $25 off $75 on the Bloom Haus storefront until February 14 [1] - Customers can order fresh flowers from over 1,700 locations nationwide, enhancing the Valentine's Day experience [1]
Kroger: Shares Rally On New CEO Announcement - Time For Re-Rating?
Seeking Alpha· 2026-02-10 14:45
Core Viewpoint - The Kroger Co. has experienced a stock rally following the announcement of a new CEO, but the stock has since retracted despite the company reaffirming its 2025 guidance amid competitive and macroeconomic challenges [1] Group 1: Company Performance - Kroger's stock initially surged due to the new CEO announcement but has since pulled back [1] - The company has maintained its guidance for 2025, indicating confidence in its operational strategy despite external pressures [1]
Kroger names Greg Foran as CEO, Sargent remains chairman
Yahoo Finance· 2026-02-10 14:38
Core Viewpoint - Kroger has appointed Greg Foran as its new CEO, marking the end of a search for a permanent leader and indicating a strategic shift in leadership for the company [1][4]. Leadership Appointment - Greg Foran has been appointed as CEO of Kroger with immediate effect and will also join the board of directors [1]. - Ron Sargent, who has been serving as interim CEO since March 2025, will remain as chairman of the board to support the transition [1]. Foran's Background and Experience - Foran brings over 40 years of senior management experience across five countries, including significant roles in digital upgrades and operational restructuring [2]. - He previously served as president and CEO of Walmart US, where he oversaw the largest division of the group until 2019, achieving positive comparable sales for 20 consecutive quarters and managing over 4,600 stores and around one million employees [3]. - Most recently, Foran was the CEO of Air New Zealand, where he implemented a digital program and managed challenges related to the pandemic [3]. Leadership Style and Vision - Sargent praised Foran as a highly respected operator with a strong focus on customer service, commitment to associates, and a disciplined approach to execution, which aligns well with Kroger's needs [4]. - Foran expressed enthusiasm about his new role, emphasizing the importance of building on momentum and delivering long-term value for customers, associates, and shareholders [2]. Management Changes - The appointment of Foran follows a series of senior management changes at Kroger, including promotions within its retail divisions [5]. - Victor Smith has been promoted to senior vice-president of retail divisions, while Monica Garnes and Ken DeLuca have taken leadership roles in the Atlanta and Fry's divisions, respectively [5].