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Kroger Co (KR.N)

KR.N on New York Stock Exchange

26.45USD
15 Dec 2017
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$0.55 (+2.12%)
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Latest Key Developments (Source: Significant Developments)

Kroger Co - To Record Non-Cash Charge Of About $410 Million In Q4
Wednesday, 13 Dec 2017 08:24am EST 

Dec 13 (Reuters) - Kroger Co ::- TO RECORD NON-CASH CHARGE OF ABOUT $410 MILLION IN Q4 RELATING TO CO'S LIABILITY ASSOCIATED WITH WITHDRAWAL FROM CENTRAL STATES PENSION FUND‍​.SEES 2017 EARNINGS PER SHARE $1.44 TO $1.49 - SEC FILING.- NON-CASH CHARGE DOES NOT CHANGE EXPECTED 2017 ADJUSTED NET EPS OF $2.00 TO $2.05, INCLUDING 53RD WEEK, EXCLUDING SOME CHARGES.FY2017 EARNINGS PER SHARE VIEW $2.11 -- THOMSON REUTERS I/B/E/S.  Full Article

Kroger, ‍Teamsters Ratify New Labor Agreement
Wednesday, 13 Dec 2017 08:00am EST 

Dec 13 (Reuters) - Kroger Co ::KROGER CO - ‍RATIFICATION OF A NEW LABOR AGREEMENT THAT PROVIDES FOR KROGER'S WITHDRAWAL FROM CENTRAL STATES PENSION FUND​.KROGER - ‍NEW LABOR AGREEMENT COVERS ASSOCIATES REPRESENTED BY IBT AT 3 DISTRIBUTION CENTERS,2 DAIRY MANUFACTURING FACILITIES OPERATED BY KROGER​.KROGER CO - ‍KROGER AND IBT HAVE ESTABLISHED A NEW FUND, CALLED INTERNATIONAL BROTHERHOOD OF TEAMSTERS CONSOLIDATED PENSION FUND.KROGER CO - ‍TOTAL NUMBER OF ACTIVE ASSOCIATES COVERED IS ABOUT 1,800 IN NEW FUND ESTABLISHED BY KROGER AND IBT​.  Full Article

International Brotherhood Of Teamsters Says The Kroger Master Agreement Has Concluded
Tuesday, 12 Dec 2017 11:53am EST 

Dec 12 (Reuters) - International Brotherhood of Teamsters :INTERNATIONAL BROTHERHOOD OF TEAMSTERS - AFTER 7 MONTHS OF NEGOTIATIONS THE KROGER MASTER AGREEMENT, INCLUDING 5 LOCAL UNION SUPPLEMENTS CONCLUDED.INTERNATIONAL BROTHERHOOD OF TEAMSTERS -NEW CONTRACT WITH KROGER RAISES WORKERS' WAGES, PROTECTS HEALTH CARE, ELIMINATES 2-TIER HOLIDAY SCHEDULE.  Full Article

Kroger And Chase Pay Announce Mobile Payment Partnership
Tuesday, 12 Dec 2017 09:00am EST 

Dec 12 (Reuters) - Jpmorgan Chase & Co ::KROGER AND CHASE PAY ANNOUNCE MOBILE PAYMENT PARTNERSHIP.KROGER CO - ‍TEAMING UP WITH CHASE PAY TO OFFER MOBILE PAYMENTS STARTING WITH SELECT RETAIL MARKETS AND E-COMMERCE PROGRAMS IN 2018​.  Full Article

Kroger Expects To Contribute About $470 Mln To Multi-Employer Pension Funds In 2017
Thursday, 30 Nov 2017 08:11am EST 

Nov 30 (Reuters) - Kroger Co ::KROGER - CURRENTLY NEGOTIATING AGREEMENT WITH THE TEAMSTERS FOR THE MASTER AGREEMENT - SEC FILING.KROGER CO - NEGOTIATING AGREEMENT WITH THE TEAMSTERS FOR MASTER AGREEMENT THIS YEAR WILL BE "CHALLENGING".KROGER CO - IN 2017, EXPECT TO CONTRIBUTE ABOUT $470 MILLION TO MULTI-EMPLOYER PENSION FUNDS.KROGER- SEES ONE-TIME NON-CASH EXPENSE IN 2017 OF $350 MILLION- $500 MILLION RELATED TO SETTLEMENT OF OBLIGATIONS FOR ELIGIBLE PARTICIPANTS’ PENSION BALANCES.  Full Article

Kroger Reports Q3 Earnings Per Share $0.44
Thursday, 30 Nov 2017 07:43am EST 

Nov 30 (Reuters) - Kroger Co ::KROGER REPORTS THIRD QUARTER RESULTS.Q3 SALES $27.7 BILLION VERSUS I/B/E/S VIEW $27.46 BILLION.CONFIRMS 2017 EPS GUIDANCE.QTRLY EARNINGS PER SHARE $0.44.IDENTICAL SUPERMARKET SALES GROWTH, WITHOUT FUEL, WAS 1.1% IN Q3 OF 2017​.KROGER EXPECTS Q4 IDENTICAL SUPERMARKET SALES GROWTH, EXCLUDING FUEL, TO EXCEED 1.1%.EXPECTS CAPITAL INVESTMENTS EXCLUDING MERGERS, ACQUISITIONS AND PURCHASES OF LEASED FACILITIES, TO BE APPROXIMATELY $3.0 BILLION FOR 2017.QTRLY ADJUSTED EARNINGS PER SHARE $0.44.2017 GAAP AND ADJUSTED NET EARNINGS PER DILUTED SHARE GUIDANCE INCLUDE EFFECT OF HURRICANES.Q3 EARNINGS PER SHARE VIEW $0.40 -- THOMSON REUTERS I/B/E/S.CONFIRMS 2017 ADJUSTED NET EARNINGS GUIDANCE FOR 53 WEEKS OF $2.00 TO $2.05 PER DILUTED SHARE.FY EARNINGS PER SHARE VIEW $1.97 -- THOMSON REUTERS I/B/E/S.  Full Article

Greenlight Capital cuts share stake in Apple, General Motors
Tuesday, 14 Nov 2017 05:34pm EST 

Nov 14 (Reuters) - Greenlight Capital: :Greenlight Capital cuts share stake in Apple Inc by 44.2 percent to 2.2 million shares - SEC filing.Greenlight Capital cuts share stake in General Motors by 36.9 percent to 34.6 million shares.Greenlight Capital takes share stake of 362,300 in Kroger Co.Greenlight capital ups share stake in Micron Technology Inc by 89.5 percent to 5.0 million shares.Greenlight Capital ups share stake in Perrigo by 14.8 percent to 2.9 million.Greenlight Capital dissolves share stake in New York REIT.Greenlight Capital cuts share stake in Chemours Co by 58.8 percent to 1.5 million shares.Greenlight Capital dissolves share stake in PVH Corp.Greenlight Capital takes share stake of 1.7 million in Venator Materials.Change in holdings are as of Sept. 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Kroger announces collaboration with Google Cloud Platform
Wednesday, 8 Nov 2017 01:43pm EST 

Nov 8 (Reuters) - Kroger Co ::Kroger announces collaboration with Google Cloud Platform.‍Announced its cloud computing portfolio is expanding with Google Cloud Platform​.  Full Article

Kroger's mid atlantic division ratifies agreement with UFCW local 400​
Tuesday, 7 Nov 2017 02:42pm EST 

Nov 7 (Reuters) - Kroger Co ::Kroger co - ‍kroger's mid atlantic division ratifies agreement with UFCW local 400​.Kroger co - ‍agreement covers 4,200 associates working at 39 stores​.  Full Article

Kroger's Ralphs Division offering home delivery in Southern California
Tuesday, 7 Nov 2017 02:21pm EST 

Nov 7 (Reuters) - Kroger Co :Says ‍Ralphs Grocery Co, a division of co is offering home delivery in select locations in Southern California through partnership with Instacart​.  Full Article

BRIEF-Kroger Co - To Record Non-Cash Charge Of About $410 Million In Q4

* - TO RECORD NON-CASH CHARGE OF ABOUT $410 MILLION IN Q4 RELATING TO CO'S LIABILITY ASSOCIATED WITH WITHDRAWAL FROM CENTRAL STATES PENSION FUND‍​