Kroger: Investing In Digital Channel And Fresh Category, Initiating With Buy

The Kroger Co. (NYSE: KR ) operates 2,700 grocery stores in the U.S. market, with 51% of supermarkets housed in company-owned facilities. The company just delivered a stronger Q1 FY25 result, driven by growth in pharmacy, eCommerce and freshAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compe ...