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Despite that, Kroger faces substantial obstacles as it works to continue improving its online operations — including competition from Walmart, which turned a profit with its e-commerce business ...
Kroger is undervalued with strong fundamentals, solid EPS growth, and buyback potential after the failed Albertsons merger.
Kroger's profit of $353 million in its fiscal second quarter was down 8% from a year earlier, while adjusted net earnings per share plunged by 18%. The company confirmed full-year earnings ...
Although e-commerce sales grew by 15%, this segment remains unprofitable. However, improvements in e-commerce returns are progressing rapidly, indicating potential future profitability.
As society has leapt into a new digital era, so has Kroger. So says Rodney McMullen, CEO of Kroger, the second-largest US retailer, as he contemplates a bold new ambition on the back of the ...
With particular enhancements in shrink control, e-commerce, and its pharmacy sector, UBS emphasized Kroger’s efficiency in managing profitability. The firm credited these improvements in part to ...
Kroger reaffirmed the rest of its guidance, including adjusted earnings per share, which it still expects to be in the range of $4.60-$4.80. This report comes as Kroger is at a crossroads.
Kroger Co.’s KR 0.31% shares fell 12% on Thursday as the grocer’s investment in online operations to compete with Walmart Inc., Amazon.com Inc. and other retailers cut into profit and ...