MARKET COMPOSITE
KR - Kroger Co.8:00:02 PM 4/26/2024
Price
$55.49
-0.42 (-0.75%)
The Kroger Company, or simply Kroger, is an American retail company founded by Bernard Kroger in 1883 in Cincinnati, Ohio. It is the United States' largest supermarket by revenue , and the second-largest general retailer . Kroger is also the fifth-largest retailer in the world and the fourth largest American-owned private employer in the United States. Kroger is ranked #23 on the Fortune 500 rankings of the largest United States corporations by total revenue. As of 15 August 2020, Kroger operates, either directly or through its subsidiaries, 2,752 supermarkets and multi-department stores. Kroger's headquarters are in downtown Cincinnati. It maintains markets in 35 states and the District of Columbia, with store formats that include hypermarkets, supermarkets, superstores, department stores, and 170 jewelry stores . Kroger-branded grocery stores are located in the Midwestern and Southern United States. Kroger operates 35 food processing or manufacturing facilities, 1,575 supermarket fuel centers, 2,258 pharmacies, and 222 The Little Clinic in-store medical clinics.
Financials
Quarterly financials
(USD)Feb 2024Q/Q
Revenue82.2B-
Gross Profit18.5B-
Cost Of Revenue63.7B-
Operating Income2.7B-
Operating Expenses15.8B-
Net Income1.7B-
Interest Expense254MM-
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

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    Senior Vice President Valerie Jabbar has sold 15,000 shares of The Kroger Co (NYSE:KR) on April 23, 2024, according to a recent SEC Filing.

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    Kroger's (KR) merger with Albertsons is poised to generate significant benefits, including lower prices, increased local product offerings and substantial investments in wages and benefits.

    Kroger and Albertsons plan to sell an additional 166 stores to C&S Wholesale Grocers, bringing the total to 579 stores that would be sold to make way for their proposed merger.

    Kroger and Albertsons have agreed to sell over 160 additional stores in a divestiture package, a bid to appease competition regulators and close their long-pending merger.

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    Kroger and Albertsons Cos. have agreed to sell 166 additional stores, a bid to appease competition regulators and close their long-pending merger. The companies said Monday that they would now sell 579 stores in total, under a revised deal with C&S Wholesale Grocers. Kroger also agreed to sell its Washington-based Haggen banner to C&S. Back in September, Albertsons and Kroger said they would sell stores and other assets to C&S as they look to assuage regulatory concerns about their combinatio...

    Grocery chains Kroger and Albertsons now plan to sell more locations and assets. Albertsons also reported strong earnings for the fiscal fourth quarter.

    Kroger and Albertsons Cos are expanding their planned sale of grocery stores, offloading 166 more locations than previously agreed upon to C&S Wholesale Grocers as they work to get regulatory approval for their proposed $25 billion merger, the companies said on Monday. Under the new agreement, C&S will pay Kroger about $2.9 billion in cash for the stores, up from the previous payout of $1.9 billion. With the additional 166 stores, the companies are now selling 579 stores to C&S, as well as giv...