Kroger Stock News

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.

Retailer recognized for earning the confidence of consumers, investors and associates CINCINNATI , Sept. 13, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), today announced it has been recognized by Newsweek as one of "World's Most Trustworthy Companies" for 2024.

Kroger has faced pushback from the Federal Trade Commission over its planned merger with Albertsons.

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 Stanl...

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 (KR) shares surged Thursday after it better-than-expected adjusted profit for the second quarter.

Kroger's CEO says the company is still committed to closing its merger with Albertsons, despite regulatory pushback.

Kroger beat Wall Street estimates for quarterly same-store sales and raised the lower end of its annual sales forecast on Thursday, as its efforts to offer freshly sourced groceries at lower prices helped pull in customers looking to save dollars.