With the VIX indicator moving to a six-month high, investors may want to consider gradually pivoting toward defensive stocks. To be clear, I’m not suggesting hitting the panic button. However, it makes sense to respond to a potentially significant dynamic.Besides the rising VIX – otherwise known as the fear index – the benchmark S&P 500 fell below the 5,000 level. As Lawrence G. McMillan, president of MacMillan Analysis mentioned, this breach “changes the investment picture to a large extent.” Further, the ...

Amended Divestiture Plan Adds Stores, Facilities and Banner Names to Enhance Competition in Overlap Geographies and to Address Regulator Concerns CINCINNATI, April 22, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) announced today that they have amended their definitive agreement with C&S Wholesale Grocers, LLC (C&S) for the sale of assets in connection with their proposed merger previously announced on October 14, 2022. This amended package modifies and builds on t ...

Company hiring for salaried and hourly roles in retail, supply chain, healthcare and delivery CINCINNATI, April 17, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), today announced it is seeking to hire new associates for opportunities in retail, supply chain, healthcare and delivery to meet the company's ongoing staffing needs heading into the spring season. Candidates are invited to explore rewarding roles across the business, from cashiers, baggers and deli bakery clerks to pharmacy technicians, Kroger de ...

Core Viewpoint - Kroger Co has received an upgrade from Wells Fargo, moving from "equal weight" to "overweight," with a new price target of $65, reflecting improving fundamentals and potential for a significant buyback [1] Group 1: Stock Performance - Kroger's shares are currently up 1% at $55.92 [1] - The stock has an 18.2% year-over-year lead and a 23.6% gain year-to-date [1] - The stock is approaching its annual high of $58.33, although it remains below its all-time high of $62.78 [1] Group 2: Options Market - The Schaeffer's Volatility Index (SVI) for Kroger is at 21%, which is in the low 17th percentile of its 12-month range, indicating low volatility expectations from options traders [1]

Kroger (KR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this supermarket chain have returned -1.5%, compared to the Zacks S&P 500 composite's -0.9% change. During this period, the Zacks Retail - Supermarkets industry, which Kroger falls in, has lost 1.2%. The key question now is: What could be the stock's future direction?Although ...

Core Insights - The Kroger Co. has launched a new home décor collection called SDS for HD, in collaboration with Craig Conover, featuring over 40 items designed to enhance dining and entertaining experiences [1][2][3] Company Overview - The Kroger Co. serves over 11 million customers daily through a variety of retail food stores and digital shopping experiences, aiming to create ZeroHungerZeroWaste communities by 2025 [4] Collaboration Details - The SDS for HD collection includes kitchen accessories and entertaining essentials, with plans for seasonal collections from spring to fall [1][2] - Craig Conover expressed excitement about the collaboration, highlighting the opportunity to reach more customers during their grocery trips [3] Brand Background - Sewing Down South, founded by Craig Conover in 2018, draws inspiration from Charleston and has partnered with various retailers to expand its product offerings [5]

Vegan stocks enjoys a key catalyst that you cannot ignore. I’m talking of course about Generation Z.According to a report by The Food Institute, 81% of college students will choose a plant-based food offering when it’s the default option. Further, Gen Z members – or Zoomers to use the cultural lexicon – are more interested in plant-based options than previous generations. Given the ideological trend, this dynamic is not at all surprising.It must be said that everyone has differing opinions on the topic. Her ...

Retailer celebrates Latin cuisine and culinary tradition leading up to Cinco de MayoCINCINNATI, April 10, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced it is kicking-off Cinco de Mayo with a four-week Latin flavors event. Customers are invited to experience savory Latin cuisine and explore the vibrant world of Latin flavors waiting for them at Kroger. Kroger is kicking-off Cinco de Mayo with a four-week Latin flavors event. Customers are invited to experience savory Latin cuisine and exp ...

Kroger's quarterly profitability and outlook for next year impressed Wall Street.Shares of Kroger (KR 0.09%) climbed 15.2% in March, according to data provided by S&P Global Market Intelligence. The company smashed Wall Street's earnings estimates, and its surprisingly upbeat forecast caused analysts to revise their forecasts higher.Kroger's quarterly report was received positivelyThe grocer reported earnings on March 7, and the stock immediately surged higher. Kroger posted a roughly 1% decrease in "identi ...

Investors interested in Retail - Supermarkets stocks are likely familiar with Kroger (KR) and Walmart (WMT) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate revi ...