Teamsters "Still Vehemently Oppose" Kroger-Albertsons Merger
- Reuters
- Reuters
Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
6/18/2024 | $58.00 → $60.00 | Market Perform → Outperform | BMO Capital Markets | |
4/23/2024 | $24.00 | Neutral → Buy | ROTH MKM | |
4/16/2024 | $58.00 → $65.00 | Equal Weight → Overweight | Wells Fargo | |
4/8/2024 | $48.00 | Neutral → Underperform | Exane BNP Paribas | |
3/28/2024 | $60.00 → $62.00 | Outperform | Telsey Advisory Group | |
3/8/2024 | $55.00 → $60.00 | Outperform | Telsey Advisory Group | |
2/27/2024 | $42.00 → $50.00 | Underweight → Equal Weight | Wells Fargo | |
9/22/2023 | $52.00 | Hold | HSBC Securities |
4 - KROGER CO (0000056873) (Issuer)
4 - KROGER CO (0000056873) (Issuer)
4 - KROGER CO (0000056873) (Issuer)
8-K - KROGER CO (0000056873) (Filer)
8-K - KROGER CO (0000056873) (Filer)
8-K - KROGER CO (0000056873) (Filer)
Second Quarter Highlights Identical Sales without fuel increased 1.2%Operating Profit of $815 million; EPS of $0.64Adjusted FIFO Operating Profit of $984 million and Adjusted EPS of $0.93Achieved strong Adjusted Free Cash FlowExecuted its go-to-market strategy to deliver value for customers Grew digital sales 11%Increased total households, customer visits and loyal households CINCINNATI, Sept. 12, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today reported its second quarter 2024 results, reaffirmed guidance and updated investors on how Leading with Fresh and Accelerating with Digital continues to position Kroger for long-term sustainable growth.
CINCINNATI, Aug. 29, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) announced today it will host its second quarter 2024 earnings conference call at 10:00 a.m. ET on Thursday, September 12, 2024. Kroger's management team will comment on financial and operational results for the second quarter 2024. The presentation will broadcast online at ir.kroger.com. Click on "Quarterly Results" to access the event. An on-demand replay of the webcast will be available at approximately 1:00 p.m. ET on Thursday, September 12, 2024. About Kroger At The Kroger Co. (NYSE:KR), we are dedicated t
CINCINNATI, Aug. 15, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) ("Kroger" or the "Company") announced today that it has commenced private exchange offers to certain eligible holders ("Eligible Holders") (each an "Exchange Offer" and, collectively, the "Exchange Offers") for any and all outstanding notes (the "ACI Notes") issued by Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P. ("NALP"), Safeway Inc. ("Safeway"), Albertson's LLC ("Albertsons"), Albertsons Safeway LLC ("ASL") and American Stores Company, LLC ("ASC," and together with ACI, NALP, Safeway, Albertsons and ASL, the "Albertsons Issuing Entities"), as applicable, for up to $7,441,608,000 aggregate principal am
BMO Capital Markets upgraded Kroger from Market Perform to Outperform and set a new price target of $60.00 from $58.00 previously
ROTH MKM upgraded Albertsons from Neutral to Buy and set a new price target of $24.00
Wells Fargo upgraded Kroger from Equal Weight to Overweight and set a new price target of $65.00 from $58.00 previously
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
Customers, associates and partners are invited to donate time and skills to collectively reach one million volunteer hours Albertsons Companies, Inc. (NYSE:ACI), in collaboration with the Albertsons Companies Foundation, today announced the Million Hour Volunteer Rally to help neighbors in need. Customers, associates and partners are invited to join the company's Nourishing Neighbors charitable program on the mission to end hunger by collectively contributing one million volunteer hours to various nonprofit organizations across the country. Now through Oct. 31, customers who volunteer and record their hours during this campaign will have the opportunity to win a grand prize of free groceri
Boost by Kroger Plus members get exclusive access to more than $60 in savings during the two-week event CINCINNATI, July 8, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today announced a mega-sales event giving Boost by Kroger Plus members exclusive access to even more benefits offered through their membership during Boost Bonus Days running July 10-July 23. "Boost by Kroger Plus offers members incredible savings every day, and those savings are about to get even bigger with Boost Bonus Days," said Tom Duncan, Kroger's vice president of Marketing. "Boost has already saved mem
- Bloomberg
Telsey Advisory Group analyst Joe Feldman maintains Albertsons Companies (NYSE:ACI) with a Market Perform and maintains $27.25 price target.
Albertsons Companies Inc (NYSE:ACI) reported first-quarter FY24 sales growth of 0.9% year-on-year to $24.27 billion, beating the analyst consensus estimate of $24.14 billion. The increase was driven by a 1.4% increase in identical sales, with strong growth in pharmacy sales driving the identical sales increase. Digital sales increased 23%. Gross margin rate expanded 10 basis points to 27.8%. The operating margin was 1.9%, and operating income for the quarter declined 26.1% to $459.6 million. The company held $291.1 million in cash and equivalents as of June 15. Operating cash flow totaled $960.9 million. Adjusted EBITDA of $1.183 billion decreased 10.2% Y/Y. Adjusted EPS of $0.66
SC 13G/A - Albertsons Companies, Inc. (0001646972) (Subject)
SC 13G/A - KROGER CO (0000056873) (Subject)
SC 13G - Albertsons Companies, Inc. (0001646972) (Subject)
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
The collaboration features recipes developed from the sisters' new cookbook, Good Lookin' Cookin', out nationwide today! CHICAGO, Sept. 17, 2024 /PRNewswire/ -- Home Chef, the leading meal solutions company available online and in stores* nationwide, is announcing a new culinary collaboration with global superstar Dolly Parton, and her sister and cooking connoisseur, Rachel Parton George. This first-of-its-kind, four-week partnership will feature meals inspired by the sisters' most beloved family recipes from their brand new cookbook, Good Lookin' Cookin', available today. "W
Cakes designed by associates during Enterprise-wide decorating contest CINCINNATI, Sept. 16, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today shared new cakes, inspired by Disney and Pixar's Cars and Toy Story, are now available in Kroger's Family of Stores across the country. These cakes were designed by associates during the 2024 Cake Challenge. In January, Kroger invited the top Certified Cake Decorators representing 20 divisions to participate in the 2024 Cake Challenge, with representatives from Disney and DecoPac. Hosted at General Office in Cincinnati, Ohio, decorato