The Kroger Co. remains a Buy due to its compelling valuation despite recent share price underperformance and mixed profitability. KR's e-commerce sales surged 13% year-over-year, with adjusted growth of 19%, and private label 'Our Brands' outpaced national brands by 175 basis points. Management forecasts flat to modest growth in identical sales and EPS for fiscal 2026 but expects operating cash flow to decline to around $6.7 billion.
The latest trading day saw Kroger (KR) settling at $56.93, representing a -2.7% change from its previous close.
Customers of The Kroger Co. banners Fred Meyer, Ralphs and Harris Teeter can now have groceries and eligible prescriptions delivered in one order, Kroger said in a Monday (Aug. 24) press release. This capability is delivered through the company's websites and apps, and it is powered by grocery technology company Instacart, according to the release.
The latest trading day saw Kroger (KR) settling at $57.9, representing a +2.81% change from its previous close.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Kroger (KR) have what it takes?
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?
The Kroger Co. trades at an attractive 11x forward earnings after a post-Q1 pullback, improving its long-term risk/reward profile. Q1 results showed slower sales and margin compression, but e-commerce and private brands delivered strong growth and profitability. KR raised its dividend by 11.4% and announced a $2 billion buyback, supported by a strong balance sheet and conservative payout ratios.
In the latest trading session, Kroger (KR) closed at $57.23, marking a +2.09% move from the previous day.
Kroger (KR) closed at $56.68 in the latest trading session, marking a -1.92% move from the prior day.
Ukrop Homestyle Foods, a Virginia-based food manufacturer that makes prepared comfort food and bakery items, just issued a voluntary recall of six of its products.
Investors need to pay close attention to KR stock based on the movements in the options market lately.
In the closing of the recent trading day, Kroger (KR) stood at $57.86, denoting a -3.36% move from the preceding trading day.