Core Points - The Kroger Co. has finalized the sale of its specialty pharmacy business to Elevance Health, which was initially announced on March 18, 2024 [1] - The transaction aims to ensure minimal disruptions for patients and associates during the transition [1] - The sale does not include Kroger Family of Pharmacies in-store retail locations and The Little Clinics [1] - The specialty pharmacy served patients with chronic illnesses requiring complex care [1] - The sale is not expected to impact Kroger's 2024 guidance [1] Company Overview - Kroger operates with nearly 420,000 associates and serves over 11 million customers daily through various retail food stores and a seamless digital shopping experience [2] - The company is committed to its purpose of feeding the human spirit and creating ZeroHungerZeroWaste communities [2]

Group 1 - The Kroger Co. is actively supporting disaster relief efforts in response to Hurricane Helene by providing food, water, and financial contributions [1][2] - Customers can participate in relief efforts by rounding up their purchases or donating at checkout, with funds benefiting the American Red Cross [1][2] - Kroger is distributing truckloads of drinkable water and ice to affected communities and plans to expand these efforts as needs evolve [2] Group 2 - The company has a longstanding partnership with the United Service Organizations (USO) and is providing support through mobile canteens for military service members involved in disaster relief [2] - Kroger is also acknowledging vendors who donated products for hurricane relief efforts after the cancellation of the Kroger Wellness Festival due to the hurricane [2] - The company emphasizes its commitment to community support and recovery in the aftermath of the disaster [1][2]

Kroger celebrates customers with the hottest deals and digital coupons CINCINNATI, Sept. 24, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced it will kick off a mega-sales event honoring customers with the retailer's hottest deals and digital coupons during Customer Appreciation Week running September 25-October 1."We are so grateful for the trust our customer's place in us to feed their families every day and for the opportunity to play a part in some of life's most precious moments from holi ...

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 August 17, 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 i ...

CINCINNATI, Sept. 19, 2024 /PRNewswire/ -- The Kroger Co.'s (NYSE: KR) Board of Directors today declared a quarterly dividend of 32 cents per share to be paid on December 1, 2024, to shareholders of record as of the close of business on November 15, 2024. The company's quarterly dividend has grown at a 13.5% compounded annual growth rate since it was reinstated in 2006. The company continues to expect, subject to board approval, an increasing dividend over time. Kroger's capital allocation strategy is to us ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Kroger (KR) .Kroger currently has an average brokerage recommendation (ABR) of 1.71, on a scale ...

Customers invited to join in and round up purchases; debuts commercial raising awareness around food insecurity CINCINNATI, Sept. 17, 2024 /PRNewswire/ -- The Kroger Co.'s (NYSE: KR) Zero Hunger | Zero Waste Foundation today announced its annual Hunger Action Month campaign, directing all funds raised in Kroger Family of Stores during the month of September to the Feeding America network of food banks in our communities. Customers can round up their purchase to the nearest dollar in their neighborhood store ...

Cakes designed by associates during Enterprise-wide decorating contestCINCINNATI, Sept. 16, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared new cakes, inspired by Disney and Pixar's Cars and Toy Story, are now available in Kroger's Family of Stores across the country. These cakes were designed by associates during the 2024 Cake Challenge.New cakes inspired by Disney and Pixar’s Cars and Toy Story are now available at Kroger’s Family of Stores across the country.In January, Kroger invited the top ...

Kroger's NYSE: KR stock price has struggled since early 2022 when the pandemic-driven bubble burst. There are still hurdles, including the stalled merger with Albertsons Companies NYSE: ACI, but they are diminishing, and investors are faced with a win-win situation regardless of them. The company has been building capital and improving its balance sheet for nearly two years, setting it up for a smooth closing and accelerated growth when the Albertsons deal is closed or accelerating capital returns if blocke ...

WendellandCarolyn The past couple of days have been quite positive for shareholders of The Kroger Co. (NYSE:KR). On September 12, shares of the massive grocery chain closed up 7.2%. And as of midday on September 13, the stock was up another 1%. This move higher has been driven by financial results covering the second quarter of the 2024 fiscal year that management just reported. Even though earnings per share fell short of expectations, revenue and adjusted earnings per share exceeded the estimates that ana ...