Should Value Investors Buy The Kroger Co. (KR) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
8 Food And Grocery Stocks Soar — And Not Due To Price Gouging
Food prices are soaring. But don't blame gouging and corporate greed, says a new analyst report.
Kroger and Albertsons wrap up court hearing for their merger
Kroger and Albertsons were expected to present their closing arguments Tuesday in a U.S. District Court hearing on their proposed merger, which the federal government hopes to block.
Kroger (KR) Is Considered a Good Investment by Brokers: Is That True?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Is the Kroger-Albertsons merger really doomed? The deal's chances, and what it means for consumers, explained
A weekslong court battle is playing out in Oregon right now that could determine the future of your grocery shopping—with one side arguing the largest proposed supermarket merger in U.S. history will drive up prices, and the other side assuring it will benefit consumers.
Kroger Stock is a Win-Win for Buy-and-Hold Investors
Kroger's NYSE: KR stock price has struggled since early 2022 when the pandemic-driven bubble burst. There are still hurdles, including the stalled merger with Albertsons Companies NYSE: ACI, but they are diminishing, and investors are faced with a win-win situation regardless of them.
Kroger: Still On Sale After Q2 2024 Earnings
Kroger's stock surged due to Q2 2024 revenue and adjusted earnings exceeding expectations despite a miss on earnings per share. The company's digital sales and new product introductions contributed significantly to revenue growth, showcasing strong performance in e-commerce. Despite mixed profitability metrics, Kroger's shares remain attractively priced, supporting a 'buy' rating.
Should Value Investors Buy The Kroger Co. (KR) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The end of Kroger's FTC battle is the next catalyst for the retailer, says analyst
Kroger has faced pushback from the Federal Trade Commission over its planned merger with Albertsons.
The Kroger Co. (KR) Q2 2024 Earnings Conference Call Transcript
The Kroger Co. (NYSE:KR ) Q2 2024 Earnings Conference Call September 12, 2024 10:00 AM ET Company Participants Rob Quast - Senior Director of IR Rodney McMullen - Chairman and CEO Todd Foley - Interim CFO Conference Call Participants Edward Kelly - Wells Fargo Securities Kelly Bania - BMO Capital Markets Anders Myhre - Guggenheim Partners Leah Jordan - Goldman Sachs Simeon Gutman - Morgan Stanley Michael Montani - Evercore ISI Kenneth Goldman - JPMorgan Rupesh Parikh - Oppenheimer Mark Carden - UBS Robert Ohmes - Bank of America Merrill Lynch Chuck Cerankosky - Northcoast Research Joe Feldman - Telsey Advisory Group Operator Good morning, and welcome to The Kroger Co. Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
Billionaires, including Warren Buffett, invest in Kroger stock: should you follow suit?
As economic uncertainty looms, Kroger Co (NYSE: KR) is emerging as a potential haven for investors. The grocery giant, known for its strong consumer staples portfolio, offers a solid dividend yield of 2.34%, positioning it well to deliver stable returns during tough economic times.
Kroger Beats Q2 Earnings Estimates, Updates FY24 Identical Sales View
Kroger delivers adjusted earnings of 93 cents per share, edging past the Zacks Consensus Estimate by one cent.
