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

Jefferies upgraded Kroger from Hold to Buy and set a new price target of $73.00 from $54.00 previously

Telsey Advisory Group reiterated coverage of Kroger with a rating of Outperform and set a new price target of $65.00 from $62.00 previously

Exane BNP Paribas initiated coverage of Kroger with a rating of Neutral and set a new price target of $56.00

BMO Capital Markets upgraded Kroger from Market Perform to Outperform and set a new price target of $60.00 from $58.00 previously

Wells Fargo upgraded Kroger from Equal Weight to Overweight and set a new price target of $65.00 from $58.00 previously

Exane BNP Paribas downgraded Kroger from Neutral to Underperform and set a new price target of $48.00

Telsey Advisory Group reiterated coverage of Kroger with a rating of Outperform and set a new price target of $62.00 from $60.00 previously

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

CINCINNATI, Feb. 20, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR) announced today it will host its fourth quarter 2024 earnings conference call at 10:00 a.m. ET on Thursday, March 6, 2025. Kroger's management team will comment on financial and operational results for the fourth quarter and full year 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, March 6, 2025.  About KrogerAt The Kroger Co. (NYSE:KR), we are dedicate

CINCINNATI, Jan. 31, 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 March 1, 2025, to shareholders of record as of the close of business on February 14, 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 sustainabl

Davidson Bogel Real Estate ("DB2RE") is proud to announce its successful representation of Kroger (NYSE:KR) in the acquisition of a 14-acre property in Little Elm, Texas from local investment firm Dollar-Flowers Realty Partners. The 14-acre site, located at US 380 and FM 2931, in one of the fastest-growing communities in North Texas, allows for Kroger to enhance its retail presence and serve the expanding population of Little Elm and surrounding areas with quality grocery offerings. Edward Bogel, Ryan Turner, and David Davidson Jr. of Davidson Bogel represented Kroger in the transaction. Dollar-Flowers was represented internally by Stewart Flowers. Kroger's acquisition follows a recen

Reiterates Commitment to Investing in America to Lower Grocery Prices, Raise Associate Wages, and Support Local Communities Highlights Resilience of Value Creation Model and Strong Momentum to Drive Long-term, Sustainable Growth Board of Directors Authorizes $7.5B Share Repurchase Program including $5B Accelerated Share Repurchase CINCINNATI, Dec. 11, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today terminated its merger agreement with Albertsons after the U.S. District Court for the District of Oregon granted the Federal Trade Commission's request for a preliminary injunction to block the proposed merger. After reviewing options, the company determined it is no longer in its best interes

Third Quarter Highlights Identical Sales without fuel increased 2.3%Operating Profit of $828 million; EPS of $0.84Adjusted FIFO Operating Profit of $1,017 million and Adjusted EPS of $0.98Achieved strong Adjusted Free Cash FlowExecuted its go-to-market strategy to deliver value for customers Grew digital sales 11%Our Brands sales growth outpaced total grocery sales growthIncreased total households and loyal households CINCINNATI, Dec. 5, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today reported its third quarter 2024 results, narrowed its guidance range and updated investors on how Kroger is positioned for long-term sustainable growth.

CINCINNATI, Nov. 21, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) announced today it will host its third quarter 2024 earnings conference call at 10:00 a.m. ET on Thursday, December 5, 2024. Kroger's management team will comment on financial and operational results for the third 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, December 5, 2024.  About Kroger At The Kroger Co. (NYSE:KR), we are dedicated to our

Nourishing Change Conference will convene leaders across healthcare sectors for innovative dialogue and engagement on nutrition security, care delivery, community and mental well-being CINCINNATI, Oct. 18, 2024 /PRNewswire/ -- Kroger Health, the healthcare division of The Kroger Co. (NYSE:KR), today announced the Nourishing Change Conference, an inclusive summit on the future of health and wellbeing in America, will occur May 13 - 15, 2025 in Cincinnati, Ohio. This groundbreaking event is designed to explore the transformative power of nutrition, consumer product goods, technology, pharmacy, clinic, retail and other health interventions that can improve the holistic health of individuals and

CINCINNATI, March 25, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today announced that it has filed its answer and counterclaims to the complaint brought by Albertsons in the Delaware Court of Chancery, in connection with the previous merger agreement between the two companies, which was terminated in December 2024. As detailed in the court filing, while Kroger was working diligently to seek regulatory approval and close the merger, Albertsons was engaging in a secret and misguided campaign, together with C&S Wholesale Grocers, the divestiture buyer, to pursue its own regula

Kroger celebrates customers with the biggest appreciation event ever CINCINNATI, March 24, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today announced the return of its mega-sales event honoring customers with the retailer's hottest deals and digital coupons during Kroger's Customer Appreciation Week running March 26-April 1. "We know our customers are faced with many choices when it comes to feeding their families and as America's grocer, we are proud every time they choose Kroger," said Mary Ellen Adcock, Kroger Senior Vice President and Chief Merchant and Market Officer.

Our Brands products face off in snack bracket challenge and retailer reveals Kroger associates' favorite snacks CINCINNATI, March 20, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today shared the launch of its "Elite Ate" Snack Bracket, featuring a delicious lineup of customers' favorite snacks from Kroger's Our Brands. From savory chips to sweet treats, it is a snack-off with exclusive deals on the ultimate game day eats. The retailer is also giving the inside scoop on which snacks are MVPs among Kroger associates. "Kroger's Our Brands products are fan favorites across the board and make for a perfect snack line up that is tasty and affordable when watching co

Retailer celebrates National Nutrition Month CINCINNATI, March 18, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today shared how customers can supercharge meals and snacks with fresh in-season fruits, veggies and simple recipes to try during National Nutrition Month and enjoy all season long. "Preparing dishes with fresh, in-season produce presents limitless, simple options for families to enjoy together as spring and summer approaches," said Carlo Baldan, Kroger group vice president of Fresh Merchandising. "With guaranteed quality, value and more days of freshness for our cu

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

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

Celebrate soup season with cozy recipes to warm up from within CINCINNATI, Feb. 26, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR), America's grocer, today is sharing how customers can get the most out of soup season with cozy, warm and convenient recipes the entire family can enjoy this winter. "Warm up from the inside out with our favorite hearty recipes, from the cold-weather classics we know and love to new twists on winter staples, Kroger is serving up inspiration to make soup season simple and delicious," said Carlo Baldan, Kroger' group vice president of Fresh Merchandis

The limited-time collaboration features underwater-inspired dishes and an exclusive fry cook collectible CHICAGO, Feb. 25, 2025 /PRNewswire/ -- Grab your spatulas and say "I'm ready!" because it's time to fire up the griddle with Bikini Bottom's favorite fry cook! Home Chef, the leading meal solutions company available online and in stores nationwide, is partnering with the beloved Nickelodeon animated series, SpongeBob SquarePants, to bring SpongeBob's crustaceous crew's recipes to the Home Chef menu. Inspired by SpongeBob's underwater adventures, this four-week collaboration combines iconic moments from the show with delicious dishes that will make everyone feel like a goofy goober.