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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.
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.
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 ...
By Stuart Lauchlan April 6, 2021 Audio mode toggler Dyslexia mode Summary: Kroger had 'a good war' when it came to the COVID crisis, benefiting from the online shift in grocery shopping. But as the ...
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 ...