CINCINNATI, Aug. 29, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) announced today it will host its second quarter 2024 earnings conference call at 10:00 a.m. ET on Thursday, September 12, 2024. Kroger's management team will comment on financial and operational results for the second quarter 2024.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, September ...

A Kroger executive reportedly testified that the company raised milk and egg prices beyond inflation.The testimony comes amid a legal battle over Kroger's proposed $24.6 billion merger with Albertsons.The FTC is fighting to block the merger, arguing it would result in higher grocery prices for millions. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! ...

CINCINNATI, Aug. 29, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has received the requisite number of consents to adopt certain proposed amendments (the "Proposed Amendments") with respect to certain series of the outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P. ("NALP"), Safeway Inc. ("Safeway"), Albertson's LLC ("Albertsons"), Albertsons Safeway LLC ("ASL") and American Stores Company, LLC ("ASC ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Kroger (KR) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Kroger currently has an average brokerage reco ...

The Federal Trade Commission (FTC) on Monday kicked off a trial amid its push to block Kroger's $25 billion merger with Albertsons by alleging the deal would undermine competition in the grocery store industry and hurt consumers. Kroger and Albertsons first announced the proposed merger in September 2023 and the companies have agreed to sell nearly 600 locations to C&S Wholesale Grocers to help the deal pass regulatory muster. Kroger has also committed to lower grocery prices by $1 billion after the deal, w ...

The Federal Trade Commission kicked off a trial on Monday in its bid to block Kroger’s $25 billion merger with Albertsons, telling a federal judge in Portland, Ore., that the deal would eliminate competition between the top grocery store chains and hit consumers’ wallets.The FTC and several states sued to block the deal in February, saying the merger would mean higher prices for consumers and less bargaining power for unionized grocery workers.FTC Chief Trial Counsel Susan Musser urged US District Judge Adr ...

CINCINNATI, Aug. 26, 2024 /PRNewswire/ -- Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR), is reminding customers about the importance of helping to safeguard the health of our communities by receiving a flu, COVID-19 or RSV vaccine, available at all Kroger Family of Pharmacies and The Little Clinic locations."Vaccines are a critical tool that can help prevent the spread of diseases, maintain public health, and are one of our best defenses against these diseases," said Colleen Lindholz, ...

Collaboration carefully curated with Lisa Vanderpump's signature style CINCINNATI, Aug. 22, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced the launch of Vanderpump Blooms x Bloom Haus™, a floral collection curated by businesswoman, TV personality, author and philanthropist Lisa Vanderpump. Available exclusively at Kroger Family of Stores beginning September 4, the collection brings Vanderpump's trademark elegant aesthetic to life with gorgeous floral arrangements.The Kroger Co. announced the ...

Program has granted more than $5 million in scholarship fundsCINCINNATI, Aug. 21, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) Foundation today announced the Kroger Scholars for the 2024-2025 academic year, awarding $300,000 to 120 students. All scholars are the children of Kroger associates and receive $2,500 toward any accredited two- or four-year college, university or vocational program. Launched in 2008, the Kroger Scholars Program has awarded more than $5 million in scholarship funds."To be selected ...

WendellandCarolyn Last year, I wrote about Kroger (NYSE:KR) and argued that it had an attractive valuation. I also liked its dividend growth record. Today, I'd only really support the latter argument. I hold the stock, and I plan to continue doing so. However, I'm not in a huge hurry to add more shares. Kroger is a great company with a long history. It has stores throughout the United States, and it sells many products under its own label. It put out a bid to buy Albertsons (ACI) for $24.6 billion in Oc ...