Kroger Co. (KR)
This Ridiculously Cheap Warren Buffett Stock Could Make You Richer
Kroger stock has outperformed the market during the past five years. It pays a strong and growing dividend.
Kroger, Albertsons identify nearly 600 locations they will sell to get merger approved
Kroger and Albertsons, who are looking to merge, have identified the 579 locations across the country that they intend to offload from their combined grocery store count.
Kroger (KR) Unveils 10% Dividend Hike: Key Insights to Know
Kroger (KR) raises its annual dividend by 10%, reflecting robust financial health, driven by significant gains in its digital business and strategic expansions.
Daily Dividend Report: AT&T, Kroger, Matson, Pfizer, Edison
The board of directors of AT&T today declared a quarterly dividend of $0.2775 per share on the company's common shares. Dividends on the common stock are payable on August 1, 2024, to stockholders of record of the respective shares at the close of business on July 10, 2024.
Kroger: Why The Albertsons Merger Is A Win-Win
Kroger's Q1 2024 earnings beat expectations, but the stock dropped due to underperformance and the FTC blocking merger with Albertsons. Proposed merger with Albertsons would provide a scale advantage against competitors like Walmart and Costco. Kroger's digital engagement growth, private label business, debt, dividend, and valuation make it a potential buy opportunity.
Kroger: Our Takeaways From The Quarterly Earnings Report
Kroger beat analyst estimates in the prior quarter, with a 0.5% sales increase and a 5% decline in adjusted EPS. The company maintained its full year 2024 guidance, expecting low single digit sales growth and strong cash flow generation. Kroger aims to increase quarterly dividends and has paused share buybacks for growth and de-leveraging initiatives, making it an attractive investment option.
Kroger To Gain From Long-Term Margin Support, Higher Customer Visits - Analyst Sees 'Attractive Entry Point'
BofA Securities analyst Robert F. Ohmes reiterated the Buy rating on Kroger Company KR, with a price objective of $70.
Kroger Stock: Analysts Forecast New Highs, Merger or Not
Kroger's NYSE: KR long-anticipated merger with Albertsons Companies NYSE: ACI has been a deadweight on their stock price for years. Try as they might; they just can't get approval, and the stock prices are wallowing within trading ranges.
The Kroger Co. (KR) Q1 2024 Earnings Call Transcript
The Kroger Co. (NYSE:KR ) Q1 2024 Earnings Conference Call June 20, 2024 10:00 AM ET Company Participants Rob Quast - Senior Director of Investor Relations Rodney McMullen - Chairman and Chief Executive Officer Todd Foley - Interim Chief Financial Officer Conference Call Participants Rupesh Parikh - Oppenheimer Robert Ohmes - Bank of America Meryll Lynch Uriel Zachary Abraham - Morgan Stanley Kenneth Goldman - JPMorgan John Heinbockel - Guggenheim Partners Michael Lasser - UBS Michael Montani - Evercore ISI Edward Kelly - Wells Fargo Securities Kelly Bania - BMO Capital Markets Krisztina Katai - Deutsche Bank Chuck Cerankosky - Northcoast Research Operator Good morning and welcome to The Kroger Co. First Quarter 2024 Earnings Conference Call. My name is Carla and I will be coordinating your call today.
Kroger To Gain Traction From Households And Traffic Growth - Analyst Bullish On Future Sales
Telsey Advisory Group analyst Joseph Feldman reiterated the Outperform rating on Kroger Company KR, maintaining the forecast at $62.
Kroger Posts Revenue Beat, Halts Stock Buybacks as It Seeks Approval of Albertsons Deal
Kroger (KR) reported revenue for the first quarter that beat analysts' estimates and said it would pause stock buybacks as it works to get regulatory approval of its $24.6 billion acquisition of rival Albertsons (ACI). Shares initially surged after the earnings release Thursday before turning lower in intraday trading.
Kroger (KR) Q1 Earnings Beat Estimates, Identical Sales Up Y/Y
Kroger (KR) remains committed to core strengths, including an array of fresh products, personalized shopping experiences and a seamless digital ecosystem, all aimed at sustaining momentum.
