Northcoast upgraded Kroger from Neutral to Buy and set a new price target of $60.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/4/2025 | $70.00 | Buy | Goldman |
| 1/24/2025 | $61.00 | Neutral | Citigroup |
| 12/3/2024 | $60.00 | Outperform → Market Perform | BMO Capital Markets |
| 12/3/2024 | $54.00 → $73.00 | Hold → Buy | Jefferies |
| 11/27/2024 | $62.00 → $65.00 | Outperform | Telsey Advisory Group |
| 10/18/2024 | $56.00 | Neutral | Exane BNP Paribas |
| 6/18/2024 | $58.00 → $60.00 | Market Perform → Outperform | BMO Capital Markets |
| 4/16/2024 | $58.00 → $65.00 | Equal Weight → Overweight | Wells Fargo |
CINCINNATI, March 13, 2025 /PRNewswire/ -- The Kroger Co.'s (NYSE:KR) Board of Directors today declared a quarterly dividend of 32 cents per share to be paid on June 1, 2025, to shareholders of record as of the close of business on May 15, 2025. The company's quarterly dividend has grown at a 13.5% compounded annual growth rate since it was reinstated in 2006. The company continues to expect, subject to board approval, an increasing dividend over time. Kroger's capital allocation strategy is to use its free cash flow to invest in the business to drive long-term sustainable net
Fourth Quarter Highlights Identical Sales without fuel increased 2.4%Operating Profit of $912 million; EPS of $0.90Adjusted FIFO Operating Profit of $1,174 million and Adjusted EPS of $1.14Delivered 11% digital sales growth, excluding the 53rd week in 2023Fiscal 2024 Highlights Identical Sales without fuel increased 1.5%Operating Profit of $3.8 billion; EPS of $3.67Adjusted FIFO Operating Profit of $4.7 billion and Adjusted EPS of $4.47Delivered more than $13B in digital sales17% increase in Media, excluding the 53rd week in 2023, contributed to $1.35B in Operating Profit from Alternative Profit BusinessesIncreased associate wages resulting in average hourly wage of more than $19 and rate of
Ronald Sargent appointed Chairman of the Board of Directors and Interim CEO Mark Sutton will serve as Kroger's lead independent directorKroger expects full-year Identical Sales without fuel to be at the high end of its guidance rangeKroger expects full-year Adjusted Earnings Per Share to be slightly above the high end of its guidance rangeFourth quarter earnings conference call to be webcast Thursday, March 6, 2025 at 10 a.m. ETCINCINNATI, March 3, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today announced that Chairman and Chief Executive Officer Rodney McMullen has resigned from the Company following a Board investigation of his personal conduct that, while unrelated to the business, wa
8-K - KROGER CO (0000056873) (Filer)
8-K - KROGER CO (0000056873) (Filer)
8-K - KROGER CO (0000056873) (Filer)
CINCINNATI, March 13, 2025 /PRNewswire/ -- The Kroger Co.'s (NYSE:KR) Board of Directors today declared a quarterly dividend of 32 cents per share to be paid on June 1, 2025, to shareholders of record as of the close of business on May 15, 2025. The company's quarterly dividend has grown at a 13.5% compounded annual growth rate since it was reinstated in 2006. The company continues to expect, subject to board approval, an increasing dividend over time. Kroger's capital allocation strategy is to use its free cash flow to invest in the business to drive long-term sustainable net
Yael Cosset to Lead as Chief Digital Officer CINCINNATI, March 11, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today announced the creation of a new eCommerce business unit, which aligns the teams contributing to every aspect of the online customer experience. Yael Cosset, Kroger's senior vice president and chief information officer, will lead this function as executive vice president and chief digital officer, effective immediately. As chief digital officer, Cosset will continue to oversee technology and data for the company and expand his responsibilities to include the ne
Fourth Quarter Highlights Identical Sales without fuel increased 2.4%Operating Profit of $912 million; EPS of $0.90Adjusted FIFO Operating Profit of $1,174 million and Adjusted EPS of $1.14Delivered 11% digital sales growth, excluding the 53rd week in 2023Fiscal 2024 Highlights Identical Sales without fuel increased 1.5%Operating Profit of $3.8 billion; EPS of $3.67Adjusted FIFO Operating Profit of $4.7 billion and Adjusted EPS of $4.47Delivered more than $13B in digital sales17% increase in Media, excluding the 53rd week in 2023, contributed to $1.35B in Operating Profit from Alternative Profit BusinessesIncreased associate wages resulting in average hourly wage of more than $19 and rate of
Goldman resumed coverage of Kroger with a rating of Buy and set a new price target of $70.00
Citigroup resumed coverage of Kroger with a rating of Neutral and set a new price target of $61.00
BMO Capital Markets downgraded Kroger from Outperform to Market Perform and set a new price target of $60.00
SC 13G/A - KROGER CO (0000056873) (Subject)
SC 13G/A - KROGER CO (0000056873) (Subject)
SC 13G/A - KROGER CO (0000056873) (Subject)
Todd Foley to ensure seamless transition before retiring CINCINNATI, Feb. 12, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today announced its succession plan for Chief Financial Officer. David Kennerley, senior vice president and CFO for PepsiCo Europe, will succeed Todd Foley as senior vice president and chief financial officer, effective April 3. Kennerley will join Kroger on March 10 as senior vice president while Foley continues as interim CFO through the end of Kroger's fiscal year 2024 reporting cycle. Foley will remain a senior vice president of the company and conti
Retailer drops price on zero-compromise shopping guide for the third year; more than $800 in savings available on holiday staples CINCINNATI, Nov. 14, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today shared its zero-compromise Freshgiving meal offering customers a holiday basket that includes all the staples for less than $4.85 per person—even more affordable than the retailer's turkey day bundle last year. Complete with pumpkin pie, turkey at the center of the plate and plenty of fresh sides, this feast is sure to please. "As families gather together to give thanks and ref
Customers invited to join in and round up purchases; debuts commercial raising awareness around food insecurity CINCINNATI, Sept. 17, 2024 /PRNewswire/ -- The Kroger Co.'s (NYSE:KR) Zero Hunger | Zero Waste Foundation today announced its annual Hunger Action Month campaign, directing all funds raised in Kroger Family of Stores during the month of September to the Feeding America network of food banks in our communities. Customers can round up their purchase to the nearest dollar in their neighborhood store to help neighbors struggling with hunger. Hunger Action Month is an an
4 - KROGER CO (0000056873) (Issuer)
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