Key Developments: Kroger Co (KR)
35.35USD
19 Jun 2013
$-0.17 (-0.48%)
$35.52
$35.45
$35.45
$35.29
222,546
3,862,766
$35.56
$20.98
Latest Key Developments (Source: Significant Developments)
Kroger Co Issues FY 2014 EPS Guidance Above Analysts' Estimates-Conference Call
Kroger Co announced that announced that for fiscal 2014, it expects earnings per share guidance to be in the range of 2.71 to 2.79. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.77 for fiscal 2014. Full Article
Kroger Co Declares Quarterly Dividend
Kroger Co declared a quarterly dividend of $0.15 per share to be paid on June 1, 2013, to shareholders of record as of the close of business on May 15, 2013. Full Article
Kroger Co Issues FY 2013 EPS Guidance Above Analysts' Estimates
Kroger Co announced that for fiscal 2013, it expects net earnings to range from $2.71 to $2.79 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.64 for fiscal 2013. Full Article
Kroger Co Declares Quarterly Dividend
Kroger Co announced that it has declared a quarterly dividend of $15 per share to be paid on March 1, 2013, to shareholders of record as of the close of business on February 15, 2013. Full Article
Kroger Co Raises FY 2012 EPS Guidance-Conference Call
Kroger Co announced that for fiscal 2012, it raised its earnings per diluted share (EPS) guidance, excluding the two adjustment items, to $2.44 to $2.46, up from the previous guidance of $2.35 to $2.42. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.42 for fiscal 2012. Full Article
Kroger Co Announces Merger with Axium Pharmacy
Kroger Co announced that it will acquire the outstanding shares of Axium Pharmacy Holdings, Inc., a specialty pharmacy, to create a merger of the two companies. Financial terms were not disclosed. Full Article
Kroger Co Ratifies Agreements with UFCW Local 1529
Kroger Co announced that it has ratified new labor agreements with UFCW Local 1529. The two contracts cover more than 9,040 associates working in 80 stores in West Tennessee, Mississippi, East Arkansas, and Murray, KY. Full Article
Kroger Co Raises Long Term EPS Guidance
Kroger Co raised its long term, fully-diluted earnings per share (EPS) growth target from 6% to 8% to 8% to 11%. The Company reported EPS of $2.00 in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.57 for fiscal 2014, EPS of $2.79 for fiscal 2015 and EPS of $2.79 for fiscal 2016. Full Article
Kroger Co Raises Quarterly Dividend
Kroger Co announced that its Board of Directors raised the quarterly dividend by approximately 30%, to $0.15 per share, to be paid on December 1, 2012 to shareholders of record as of the close of business on November 15, 2012. Full Article
Kroger Co Raises FY 2012 EPS Guidance; Reaffirms FY 2012 Identical Supermarket Sales Guidance
Kroger Co announced that for the fiscal 2012 it is raising earnings per diluted share (EPS) guidance to a range of $2.35-$2.42. The Company continues to expect identical supermarket sales growth for fiscal 2012, excluding fuel, of 3.0% to 3.5%. The Company expects to achieve in the upper end of the range for both earnings per share and sales growth. The previous earnings per share guidance was a range of $2.33 to $2.40. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.37 for fiscal 2012. Full Article
UPDATE 2-Kroger says sales holding up despite tax, gas pressure
March 7 - U.S. supermarket operator Kroger Co reported a better-than-expected quarterly profit and said business remains strong despite higher taxes and gasoline prices, sending shares to their highest point in more than four years.
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