In the latest trading session, Kroger (KR) closed at $61.06, marking a +1.14% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.47%. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq decreased by 0.51%.The supermarket chain's stock has dropped by 1.28% in the past month, falling short of the Retail-Wholesale sector's gain of 5.46% and the S&P 500's gain of 1.67%.The upcoming earnings release of Kroger will be of great interest to investors. I ...

The last few months have been a very interesting time for shareholders of grocery giant Albertsons Companies (NYSE: ACI ). On December 11th, of last year, news broke that the courts decided to block the merger betweenCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of ...

Investment Strategy - The analyst previously issued a buy rating for Kroger (NYSE: KR) due to its undervaluation, stability during market downturns, and potential to benefit from changing consumer habits that could boost sales volume [1] - The analyst specializes in uncovering strategies to utilize various investment vehicles, including high-quality dividend stocks, Business Development Companies, REITs, and Closed End Funds, to create a hybrid system between growth and income [1] - The analyst's approach aims to capture a total return on par with the S&P 500 while boosting investment income through a diversified portfolio [1] Analyst's Position - The analyst holds a beneficial long position in Kroger (NYSE: KR) through stock ownership, options, or other derivatives [2] - The article reflects the analyst's personal opinions and is not influenced by compensation or business relationships with the mentioned companies [2]

Retailer shares build-your-own bowl recipes for easy meal solutions CINCINNATI, Jan. 14, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today shared its simple guide to building the perfect bowl recipe, including extra veggies and a variety of proteins and grains for easy, hearty winter meal solutions. "Bowls are a perfect template for a fresh and hearty meal that are easy to prep ahead of time for a lunch away from home or no hassle dinner," said Carlo Baldan, group vice president of Fresh Merchandising at ...

Program teaches teens how to spot signs of prescription drug misuse and abuse CINCINNATI, Jan. 13, 2025 /PRNewswire/ -- Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR), today announced the expansion of the company's prescription drug safety program for high school students, Prescription Drug Safety: Know the truth. This initiative is part of Kroger Health's ongoing commitment to helping people live healthier lives by raising awareness about the safe use, storage and disposal of prescript ...

CINCINNATI, Jan. 10, 2025 /PRNewswire/ -- The Kroger Family of Companies (NYSE:KR), including southern California's Ralphs and Food4Less stores, today announced a commitment to raise $1 million for families impacted by the devastating wildfires impacting the Los Angeles region."We strive to fulfill our purpose, to Feed the Human Spirit, every day, and especially when disaster strikes," said Rodney McMullen, Chairman and CEO of Kroger. "Our associates are always among the first to support our communities dur ...

Core Insights - Albertsons reported better-than-expected third-quarter earnings with a net income of $400.6 million, surpassing both last year's $361.4 million and analysts' expectations of $318.1 million [2] - Revenue for the quarter was $18.77 billion, slightly below the analyst consensus of $18.8 billion but up from $18.56 billion a year ago [2] - The company slightly raised its fiscal 2024 adjusted EPS outlook to a range of $2.25 to $2.31, while lowering the top end of its same-store sales growth projection to 1.8% to 2% [2] Financial Performance - Net income increased to $400.6 million from $361.4 million year-over-year [2] - Revenue was reported at $18.77 billion, compared to $18.56 billion the previous year [2] - Analysts had expected a revenue of $18.8 billion, indicating a slight miss [2] Merger and Legal Developments - This quarterly report is the first since the proposed merger with Kroger was called off due to legal rulings against the deal [3] - Albertsons has filed a lawsuit against Kroger, alleging that Kroger did not take sufficient actions to secure merger approval [4] - Both companies have resumed their stock buyback programs after pausing them during the merger approval process [4]

Core Insights - Simple Truth® introduces six limited-time Resolution Rescue bundles to assist customers in maintaining their New Year's resolutions, particularly around Quitter's Day on January 10 [1][2][3] Customer Engagement - According to Kroger's data, 79% of customers set New Year's resolutions focused on physical health, with 58% aiming to adopt healthier eating habits [2] - The Resolution Rescue bundles are priced at $15 or less, making them accessible for customers looking to sustain their resolutions [3] Product Offerings - The bundles include: - Mocktails Bundle for alcohol-free beverages [4] - Meatless Meal Bundle featuring a dense bean salad for fiber and protein [5] - Protein-Packed Breakfast Bundle to kickstart the day [5] - Savory Snacks Bundle for mid-afternoon cravings [5] - Sweet Treats Bundle for guilt-free desserts [6] - Get Your Veggies Bundle for easy vegetable options [6] Promotional Strategy - From January 10 to January 21, customers can receive free delivery on Simple Truth® purchases of at least $15, applicable to delivery orders of $75 or more [6][8] Brand Positioning - Simple Truth® offers over 1,500 products that are free from artificial ingredients, catering to various dietary needs including plant-based and gluten-free options [7]

The Kroger Co. (KR) has made a significant move in returning value to its shareholders by entering into Accelerated Share Repurchase (“ASR”) agreements worth $5 billion. The agreements are part of Kroger's broader $7.5 billion share repurchase authorization. This step underscores Kroger's commitment to maximizing shareholder returns while leveraging its strong financial position.Digging the Details of KR’s Share Repurchase AgreementThe ASR transactions will be funded using Kroger's existing cash on hand. Th ...

CINCINNATI, Ohio, Dec. 19, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced that it entered into Accelerated Share Repurchase ("ASR") agreements with each of Wells Fargo Bank, National Association and Citibank, N.A. (the "Dealers") to repurchase, in aggregate, $5.0 billion in shares of Kroger common stock. The ASR agreements will be completed under Kroger's recently announced $7.5 billion share repurchase authorization. Kroger is funding the share repurchases under the ASR agreements with exis ...