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Kroger Co (KR.N)

KR.N on New York Stock Exchange

27.56USD
4:00pm EDT
Change (% chg)

$0.20 (+0.73%)
Prev Close
$27.36
Open
$27.55
Day's High
$27.61
Day's Low
$27.27
Volume
1,793,545
Avg. Vol
2,330,434
52-wk High
$32.73
52-wk Low
$20.36

Latest Key Developments (Source: Significant Developments)

Kroger Introduces Dip
Monday, 17 Sep 2018 06:00am EDT 

Sept 17 (Reuters) - Kroger Co ::KROGER INTRODUCES DIP.KROGER SAYS CO'S STYLE BRAND "DIP" ROLLING OUT NATIONWIDE THIS WEEK TO 300 FRED MEYER, MARKETPLACE FORMAT STORES.KROGER CO - OVER 80 PERCENT OF DIP COLLECTION PRICED AT $19 OR LESS.  Full Article

Kroger Says Store Disruptions Will Stop Before Holiday Season
Thursday, 13 Sep 2018 10:49am EDT 

Sept 13 (Reuters) - Kroger Co ::CEO - KROGER BRANDS MADE UP 28.2 PERCENT OF UNIT SALES AND 26.5 PERCENT OF SALES DOLLARS IN Q2 - CONF CALL.CFO - HEADSWINDS DUE TO STORE OPTIMIZATION IN Q2 WAS NOT A SURPRISE TO US - CONF CALL.CFO - STORE OPTIMIZATIONS EXPECTED TO BECOME A TAILWIND IN LATE Q3 - CONF CALL.CFO - "WE INTEND TO CONTINUE TO INVEST IN PRICE TO DRIVE UNIT GROWTH" - CONF CALL.CFO - RISING CREDIT CARD FEES IS A GROWING PROBLEM - CONF CALL.CFO - FOODS CO. SUPERMARKET DIVISION NO LONGER ACCEPT VISA CREDIT CARDS; PREPARED TO EXPAND NONACCEPTANCE TO OTHER BANNERS AS WELL.CFO - FOR REMAINDER OF FISCAL 2018, WE EXPECT LEVERAGE RATIO TO REMAIN SLIGHTLY ABOVE TARGET RANGE - CONF CALL.CFO - HIGHER LEVERAGE RATIO DUE TO INCREASED BORROWINGS TO FUND CO'S MERGER WITH HOME CHEF AND INVESTMENTS IN OCADO - CONF CALL.CFO - KROGER REMAINS COMMITTED TO BRINGING LEVERAGE RATIO BACK INTO TARGET RANGE - CONF CALL.EXEC - WITHOUT SPACE OPTIMIZATION AND THE OTHER PROJECTS, Q2 SAME-STORE SALES GROWTH WOULD HAVE BEEN A LITTLE OVER 2 PERCENT - CONF CALL.EXEC - AS WE GET TO THE BACK HALF OF THE YEAR WITH HOLIDAY SELLING SEASON, WE WON'T HAVE STORES DISRUPTED - CONF CALL.EXEC - STORE OPTIMIZATIONS AFFECTED BOTH TRAFFIC AND AVERAGE TICKET - CONF CALL.  Full Article

Kroger And Instacart Bringing Same-Day Delivery To 75 Additional Kroger Family Of Stores Markets Throughout U.S.
Thursday, 30 Aug 2018 09:04am EDT 

Aug 30 (Reuters) - Kroger Co ::KROGER SAYS CO, INSTACART BRINGING SAME-DAY DELIVERY TO 75 ADDITIONAL KROGER FAMILY OF STORES MARKETS THROUGHOUT U.S. BY LATE OCT..  Full Article

Alibaba Says To Work With Kroger To Bring Kroger Simple Truth Products To China
Tuesday, 14 Aug 2018 02:20pm EDT 

Aug 14 (Reuters) - Alibaba Group Holding Ltd ::ALIBABA U.S. SPOKESMAN SAYS PLEASED TO WORK WITH KROGER TO BRING KROGER SIMPLE TRUTH PRODUCTS TO CHINA THROUGH TMALL GLOBAL PLATFORM.  Full Article

Kroger Co and Home Chef Announce Merger Agreement
Wednesday, 23 May 2018 04:15pm EDT 

May 23 (Reuters) - Kroger Co ::KROGER AND HOME CHEF TO JOIN FORCES TO REVOLUTIONIZE MEALTIME.KROGER - INITIAL TRANSACTION PRICE IS $200 MILLION & FUTURE EARNOUT PAYMENTS OF UP TO $500 MILLION OVER 5 YRS CONTINGENT ON ACHIEVING CERTAIN MILESTONES.KROGER CO - EXPECTS TRANSACTION TO HAVE NO EFFECT ON 2018 EARNINGS, AND TO BE SLIGHTLY ACCRETIVE IN 2019.KROGER CO - POST DEAL, HOME CHEF TO OPERATE AS UNIT OF KROGER CO., MAINTAIN ITS E-COMMERCE BUSINESS ON HOMECHEF.COM.  Full Article

Kroger Family Of Stores Hiring 11,000 Employees
Tuesday, 10 Apr 2018 07:30am EDT 

April 10 (Reuters) - Kroger Co ::KROGER FAMILY OF STORES HIRING 11,000 EMPLOYEES.FAMILY OF STORES IS HIRING TO FILL AN ESTIMATED 11,000 POSITIONS IN ITS SUPERMARKET DIVISIONS, INCLUDING NEARLY 2,000 MANAGEMENT POSITIONS.INVESTING $500 MILLION IN ASSOCIATE WAGES, TRAINING AND DEVELOPMENT OVER NEXT THREE YEARS, AS PART OF RESTOCK KROGER.  Full Article

Kroger Appoints Rebekah Manis as Director Of Investor Relations​
Tuesday, 27 Mar 2018 02:00pm EDT 

March 27 (Reuters) - Kroger Co ::KROGER NAMES NEW DIRECTOR OF INVESTOR RELATIONS.REBEKAH MANIS HAS BEEN PROMOTED TO DIRECTOR OF INVESTOR RELATIONS​.  Full Article

There Is No Truth To Report On Target, Kroger Mulling Merger - Source Familiar With Situation
Friday, 23 Mar 2018 08:57am EDT 

March 23 (Reuters) - Kroger Co ::THERE IS NO TRUTH TO REPORT ON TARGET CORP AND KROGER CO MULLING MERGER - SOURCE FAMILIAR WITH THE SITUATION.  Full Article

There Is 'No Truth' To Target-Kroger Merger Report - CNBC ‍​
Friday, 23 Mar 2018 08:45am EDT 

March 23 (Reuters) - :THERE IS 'NO TRUTH' TO TARGET-KROGER MERGER REPORT - CNBC, CITING SOURCE ‍​.  Full Article

Target And Kroger Mull A Merger - Fast Company
Friday, 23 Mar 2018 08:16am EDT 

March 23 (Reuters) - :TARGET AND KROGER MULL A MERGER - FAST COMPANY, CITING SOURCES ‍​.  Full Article

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Kroger to test grocery pick-up program at Walgreens stores

U.S. grocer Kroger Co said on Tuesday it is exploring a partnership with Walgreens Boots Alliance Inc to allow its customers order online and pick up groceries at some of the drug retailer's stores.