The latest trading day saw Kroger (KR) settling at $68.26, representing a +2.86% change from its previous close.
The latest trading day saw Kroger (KR) settling at $69.66, representing a -2.23% change from its previous close.
The retail grocery sector woke up to a new reality this week. On Feb. 9, 2026, Kroger Co. NYSE: KR announced the immediate appointment of Greg Foran as its new Chief Executive Officer, a high-profile move that instantly reshuffled investor expectations.
The Kroger Co. rallied on the new CEO appointment, leveraging Walmart experience to accelerate digital transformation and strategic growth. KR reaffirmed 2025 guidance, projecting EPS of $4.75–$4.80 and identical sales growth of 2.8%–3.0%, underscoring operational resilience. Despite mixed Q3 results and macro headwinds, KR maintains robust margins and announces a $2B buyback, supporting long-term value.
Kroger named former Walmart executive Greg Foran as its chief executive officer on Monday, 11 months after the abrupt resignation of its previous CEO.
Kroger is locked in a battle with Walmart in the grocery business. Now it's bringing in a CEO trained at the retail giant to help it compete.
Kroger Co (NYSE:KR, XETRA:KOG) shares added more than 6% on Monday morning following the grocery chain's announcement that Greg Foran has been named as its new CEO. Foran succeeds Ron Sargent, who had served as interim CEO since March 2025, and will also join Kroger's Board of Directors.
Grocery giant Kroger named former Walmart executive Greg Foran as its new CEO. Foran took the job Monday (Feb. 9) and succeeds Ron Sargent, who had been acting as the company's interim CEO since March, Kroger said in a Monday news release.
Kroger is a resilient, value 'Buy', amid market volatility, offering defensive growth and operational leverage. KR's e-commerce sales are a core growth driver, achieving a $14B annual run-rate and six quarters of double-digit growth, supported by third-party fulfillment partnerships. Management guides for 7% EPS growth in FY2026, driven by private-label strength, AI efficiencies, and accelerated store expansion.
Kroger's stock rallies after the grocer named Greg Foran, the former leader of Walmart U.S. as its new CEO after a nearly yearlong search.
The US grocer has been searching for a permanent CEO after the company ousted Rodney McMullen last year in the wake of a board investigation that found that his personal conduct was "inconsistent" with certain company policies.
Greg Foran would steer the big grocer as it deals with cash-strapped shoppers and seeks to expand its footprint.