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Kroger Co (KR.N)

KR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kroger says names Joe Grieshaber president of Fred Meyer Stores
Monday, 20 Mar 2017 02:19pm EDT 

Kroger Co : Kroger names Joe Grieshaber president of Fred Meyer Stores, Dan De La Rosa president of Columbus division .Grieshaber is replacing Jeff Burt, who resigned today to pursue other interests.  Full Article

Target names Jeff Burt senior vice president, grocery, fresh food and beverage
Monday, 20 Mar 2017 02:02pm EDT 

Target Corp : Target names Jeff Burt senior vice president, grocery, fresh food and beverage . Says Burt joins Target from Kroger Co, where he was most recently president of Fred Meyer division .Burt will join company on April 10 and will relocate to Minneapolis.  Full Article

Kroger declares dividend, approves $500 mln share repurchase program
Thursday, 9 Mar 2017 02:40pm EST 

Kroger Co : Kroger board of directors declares quarterly dividend, approves incremental $500 million share repurchase program . Declared a quarterly dividend of 12¢ per share to be paid on june 1, 2017 .$500 million share repurchase program, supplements current authorization, which has about $120 million remaining as of March 8, 2017.  Full Article

Kroger Co says currently negotiating agreements with UFCW for store associates in Atlanta and Michigan
Thursday, 2 Mar 2017 08:31am EST 

Kroger Co : Kroger Co says currently negotiating agreements with UFCW for store associates in Atlanta and Michigan . Kroger Co says in 2017, expect to contribute approximately $360 million to multi-employer pension funds - SEC filing . Kroger Co says in 2017, will also negotiate agreements with UFCW for store associates in Dallas and food 4 less warehouse stores . Kroger Co says expect Q1 EPS to be in $0.55 to $0.59 range . Kroger Co says sees Q2 EPS to be up slightly compared to last year . Kroger Co says sees Q3 EPS to be up strongly compared to last year and Q4 EPS to be up high single-digits compared to last year .Q1 earnings per share view $0.70 -- Thomson Reuters I/B/E/S.  Full Article

Kroger acquires Murray's Cheese
Tuesday, 7 Feb 2017 10:00am EST 

Kroger Co : Kroger and murray's cheese announce merger . Financial terms of merger were not disclosed. . Says Murray's former owner and president, Rob Kaufelt, will remain affiliated with business as a strategic adviser . purchased equity of Murray's Cheese, as well as its flagship location on Bleecker Street in New York City .Nick Tranchina will continue to lead Murray's cheese team in New York.  Full Article

Kroger Co moves all its C-store business to McLane Co
Thursday, 26 Jan 2017 04:18pm EST 

Kroger Co : The Kroger Co, the Cincinnati-based parent company of Loaf 'n Jug, Turkey Hill Minit Market, Tom Thumb, Kwik Shop and Quik Stop moves all its c-store business to mclane company .Mclane Company Inc - announced a service agreement with Cincinnati, Ohio-based Kroger Co. and its 787 C-stores located across 18 states.  Full Article

KROGER DECLARES QUARTERLY DIVIDEND OF 12¢ PER SHARE
Friday, 13 Jan 2017 02:29pm EST 

KROGER CO :DECLARED A QUARTERLY DIVIDEND OF 12¢ PER SHARE TO BE PAID ON MARCH 1, 2017.  Full Article

Kroger sees its liquidity needs over next 12-month period at $6.6-$7.1 bln
Tuesday, 13 Dec 2016 05:05pm EST 

Kroger Co :Kroger Co says estimates its liquidity needs over the next twelve-month period to range from $6.6 to $7.1 billion - SEC filing.  Full Article

Kroger sees FY 2016 earnings per share $2.03 to $2.08
Thursday, 1 Dec 2016 08:27am EST 

Kroger Co : Q3 sales $26.6 billion versus I/B/E/S view $26.34 billion . Sees FY 2016 earnings per share $2.03 to $2.08 . Kroger reports third quarter results . Sees FY 2016 adjusted earnings per share $2.10 to $2.15 excluding items . Kroger Co - affirms 8 - 11% long-term EPS growth target . Kroger Co - identical supermarket sales growth, without fuel, of 0.1% in Q3 of 2016 . Kroger Co - "remain committed to delivering on our long-term earnings per share growth rate guidance" . Kroger Co - narrowed its net earnings guidance range to $2.03 to $2.08 per diluted share for 2016 . Kroger Co - Kroger expects operating environment in first half of 2017 to be similar to today . Qtrly earnings per share $0.41 . Kroger Co - sees adjusted net earnings guidance range per diluted share for 2016 is $2.10 to $2.15 . Kroger Co - for Q4 of 2016, kroger expects slightly positive identical supermarket sales growth, excluding fuel. . Kroger Co - company's expected capital investments - excluding mergers, acquisitions and purchases of leased facilities - is $3.6 to $3.9 billion for year . Kroger Co - "second half of 2017 should show improvement as company cycles current environment" . Kroger Co - for Q4 of 2016, kroger expects slightly positive identical supermarket sales growth, excluding fuel . Kroger Co sees both positive identical supermarket sales and net earnings per diluted share growth, excluding 53(rd) week for fiscal 2017.  Full Article

Kroger files for potential senior notes offering
Monday, 26 Sep 2016 09:13am EDT 

Kroger Co : Files for potential senior notes offering; size not disclosed - SEC filing . Expects to use net proceeds of offering to refinance long-term indebtedness that matures in October 2016 and January 2017 . Senior notes will be issued only in denominations of $2,000 and integral multiples of $1,000 in excess thereof Source: (http://bit.ly/2dlVV50) Further company coverage: [KR.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

More From Around the Web

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Target names Kroger veteran Jeff Burt new grocery chief

Target Corp on Monday named Kroger Co veteran Jeff Burt its senior vice president of grocery, fresh food and beverage, as the retailer makes a renewed push to overhaul the business amid an intensifying price war.