Kroger(KR)
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Kroger Reveals Every Bunny's Favorite Easter Candy
Prnewswire· 2024-03-05 19:15
Retailer shares America's top-selling candies and debuts exclusive Peeps® flavor CINCINNATI, March 5, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) is egg-cited to share America's favorite candies ahead of Easter. The retailer revealed it expects the Easter Bunny's top picks will be chocolate, jellybeans and candy eggs in several varieties and shared a brand-new Peeps® flavor available exclusively at Kroger. "No one has better taste in candy than the Easter Bunny who is selecting a lot of egg-cellent treat ...
Kroger (KR) Set to Report Q4 Earnings: Key Factors to Note
Zacks Investment Research· 2024-03-04 14:46
The Kroger Co. (KR) is likely to register an increase in the top line when it reports fourth-quarter fiscal 2023 results on Mar 7 before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $37,265 million, indicating an increase of 7% from the prior-year reported figure.The bottom line of this operator of a supermarket chain is expected to improve year over year. Over the past 30 days, the Zacks Consensus Estimate for fourth-quarter earnings per share has been stable at $1.13. The conse ...
Why the Market Dipped But Kroger (KR) Gained Today
Zacks Investment Research· 2024-02-28 23:46
Kroger (KR) ended the recent trading session at $48.53, demonstrating a +0.33% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.17%. Elsewhere, the Dow saw a downswing of 0.06%, while the tech-heavy Nasdaq depreciated by 0.55%.The supermarket chain's stock has climbed by 3.69% in the past month, exceeding the Retail-Wholesale sector's gain of 0.24% and lagging the S&P 500's gain of 3.98%.The investment community will be closely monitoring the performance of Krog ...
Kroger: Undervalued And Benefits From Changing Consumer Habits
Seeking Alpha· 2024-02-28 19:21
Brandon Bell Overview I last published an analysis on Kroger (NYSE:KR) back in November of 2023. Since then, they've reported earnings and have made fundamental improvements in some segments of their business. I thought it would be a good time to revisit it since the price has moved up a bit since my last analysis. The dividend remains strong and the dividend payout ratio still sits at a really safe level of 25%. I also think it's worth mentioning that Seeking Alpha's Quant gives Kroger a Strong Buy Rat ...
Pre-Earnings Bull Note Boosts Grocery Stock
Schaeffers Research· 2024-02-27 17:54
Kroger Co (NYSE:KR) stock is 2.6% higher this afternoon, last seen trading at $48.51 after Wells Fargo upgraded it to "equal weight" from "underweight" and hiked its price target to $50 from $42. In its note, the analyst said it expects Kroger's unit volumes in food retail to improve. This upgrade comes before the Cincinnati-based grocery chain operator is slated to report fourth-quarter financial results, due out before the open on Thursday, March 7.A look at Kroger stock's history of post-earnings reactio ...
What The FTC Lawsuit Against Kroger Could Mean For Grocers
Forbes· 2024-02-27 11:00
Unionized grocery store workers rally to oppose the proposed merger between Kroger and Albertsons ... [+] outside a Ralph's supermarket in Los Angeles on April 13, 2023, out of concern for less competition, increasing food prices and putting union jobs at risk. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)AFP via Getty ImagesThe FTC has filed a lawsuit to stop the $25 billion Kroger KR -Albertsons ACI merger. The historic lawsuit rigorously documents how the 5,000 stor ...
Kroger Issues Statement on FTC Decision to Block Proposed Merger with Albertsons Companies
Prnewswire· 2024-02-26 17:39
CINCINNATI, Feb. 26, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today issued the following statement: Contrary to the FTC's statements, blocking Kroger's merger with Albertsons Companies will actually harm the very people the FTC purports to serve: America's consumers and workers. Kroger's business model is to take costs out of the business and invest in lowering prices for customers. Kroger has reduced prices every year since 2003, resulting in $5 billion invested to lower prices and a 5% reduction in ...
Buy Low, Sell High, Get Paid To Wait: A Dividend Investing Blueprint
Seeking Alpha· 2024-02-23 18:14
Core Investment Framework - The investment approach emphasizes buying low, waiting for dividends, and selling high, focusing on high-quality companies with a history of revenue, earnings, and cash flow growth [3][4] - The framework aligns with value investing principles, suggesting that stock prices will eventually reflect their true value based on cash flows [5][6] Dividend Yield Analysis - Historical analysis of dividend yields for companies like Johnson & Johnson (JNJ) shows that yields above 2.8% indicate undervaluation, while yields below 2.6% suggest overvaluation [6][7] - For JPMorgan Chase & Co. (JPM), yields above 2.96% are considered cheap, while yields below 2.38% are deemed expensive, providing a tool for assessing valuation [7][8] Future Dividend Growth Considerations - The effectiveness of historical yield analysis is contingent on future dividend growth aligning with past trends; if future growth is expected to exceed historical rates, lower yields may be justified [8][9] - The case of 3M Company (MMM) illustrates that a slowdown in dividend growth can lead to higher expected yields and lower stock prices [9] Importance of Dividends - Dividends provide a tangible return to investors, reinforcing the idea that cash returned to shareholders is preferable to retained earnings in certain contexts [10][11] - A strong dividend policy signals effective management and capital allocation, as companies with limited growth opportunities should return excess cash to shareholders [11][12] Income Projections - A hypothetical investment of $10,000 in Realty Income Corporation (O) with a 5.8% yield and 1% growth could generate $1,273 in dividends after ten years, demonstrating the impact of yield and growth on income [13][14] - In contrast, a similar investment in Microsoft Corporation (MSFT) with a 0.75% yield and 10% growth would yield only $202, highlighting the trade-off between yield and growth [14][15] Strategic Investment Goals - The target income for a $10,000 investment is set at $800 in low-rate environments and $1,000 in higher-rate environments, reflecting the need for sufficient income to mitigate concerns about stock price fluctuations [17][18] - The systematic approach to dividend investing allows for the identification of undervalued stocks, enabling reinvestment opportunities when market conditions are favorable [18]
Here's Why Kroger (KR) Gained But Lagged the Market Today
Zacks Investment Research· 2024-02-22 23:45
In the latest trading session, Kroger (KR) closed at $47.84, marking a +0.06% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 2.11%. Elsewhere, the Dow gained 1.18%, while the tech-heavy Nasdaq added 2.96%.The supermarket chain's shares have seen an increase of 3.71% over the last month, not keeping up with the Retail-Wholesale sector's gain of 4.94% and outstripping the S&P 500's gain of 3.08%.The investment community will be closely monitoring the performance of ...
Kroger Announces Fourth Quarter Conference Call with Investors
Prnewswire· 2024-02-22 21:30
CINCINNATI, Feb. 22, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) announced today it will host its fourth quarter 2023 earnings conference call at 10:00 a.m. ET on Thursday, March 7, 2024. Kroger's management team will comment on financial and operational results for the fourth quarter and full year 2023. The presentation will broadcast online at ir.kroger.com. Click on "Quarterly Results" to access the event. An on-demand replay of the webcast will be available at approximately 1:00 p.m. ET on Thursday, ...