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Kroger Co (KR.N)

KR.N on New York Stock Exchange

28.05USD
13 Jul 2018
Change (% chg)

$0.10 (+0.36%)
Prev Close
$27.95
Open
$27.86
Day's High
$28.44
Day's Low
$27.86
Volume
1,791,635
Avg. Vol
2,946,644
52-wk High
$31.45
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$19.69

Latest Key Developments (Source: Significant Developments)

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

Kroger Board Of Directors Approves $1 Billion Share Repurchase Authorization, Declares Quarterly Dividend
Thursday, 15 Mar 2018 05:04pm EDT 

March 15 (Reuters) - Kroger Co ::KROGER BOARD OF DIRECTORS APPROVES $1 BILLION SHARE REPURCHASE AUTHORIZATION, DECLARES QUARTERLY DIVIDEND.KROGER BOARD OF DIRECTORS APPROVES $1 BILLION SHARE REPURCHASE AUTHORIZATION, DECLARES QUARTERLY DIVIDEND.KROGER CO - ‍BOARD OF DIRECTORS TODAY DECLARED A QUARTERLY DIVIDEND OF 12.5 CENTS PER SHARE​.  Full Article

Kroger And Instacart Expand Partnership
Monday, 12 Mar 2018 02:35pm EDT 

March 12 (Reuters) - Kroger Co ::KROGER AND INSTACART EXPAND PARTNERSHIP.  Full Article

Kroger Reports Q4 Earnings Per Share $0.96
Thursday, 8 Mar 2018 07:45am EST 

March 8 (Reuters) - Kroger Co ::KROGER REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 SALES ROSE 12.4 PERCENT TO $31 BILLION.Q4 EPS OF $0.96.QTRLY ADJUSTED EARNINGS PER SHARE $0.63.2018 NET EARNINGS PER DILUTED SHARE GROWTH GUIDANCE OF $1.95 TO $2.15.Q4 EARNINGS PER SHARE VIEW $0.63, REVENUE VIEW $30.83 BILLION -- THOMSON REUTERS I/B/E/S.TOTAL SALES, EXCLUDING FUEL AND THE 53RD WEEK, INCREASED 2.7% IN THE FOURTH QUARTER OVER THE SAME PERIOD LAST YEAR.KROGER RECORDED A LIFO CREDIT OF $54 MILLION IN THE FOURTH QUARTER.KROGER SEES IDENTICAL SUPERMARKET SALES GROWTH, EXCLUDING FUEL, TO RANGE FROM 1.5% TO 2.0% IN 2018.EXPECTS CAPITAL INVESTMENTS, EXCLUDING MERGERS, ACQUISITIONS, AND PURCHASES OF LEASED FACILITIES, TO BE APPROXIMATELY $3.0 BILLION IN 2018.EXPECTS ITS 2018 TAX RATE TO BE APPROXIMATELY 22%.Q4 EARNINGS PER SHARE VIEW $0.63, REVENUE VIEW $30.83 BILLION -- THOMSON REUTERS I/B/E/S.FY EARNINGS PER SHARE VIEW $2.15 -- THOMSON REUTERS I/B/E/S.IDENTICAL SUPERMARKET SALES, WITHOUT FUEL, OF 1.5% IN THE FOURTH QUARTER OF 2017.  Full Article

Kroger Co Says "Raising The Minimum Age To 21 To Purchase Firearms And Ammunition In All Of Our Fred Meyer Locations That Sell Firearms"‍​
Thursday, 1 Mar 2018 06:09am EST 

March 1 (Reuters) - Kroger Co ::KROGER CO SAYS "RAISING THE MINIMUM AGE TO 21 TO PURCHASE FIREARMS AND AMMUNITION IN ALL OF OUR FRED MEYER LOCATIONS THAT SELL FIREARMS"‍​.KROGER - WILL NO LONGER ACCEPT ANY SPECIAL-ORDERS OF ASSAULT-STYLE RIFLES WEAPONS IN ALASKA.KROGER - "AS WE REFRESH STORES WE ARE OFTEN TRANSITIONING GUN DEPARTMENTS DUE TO SOFTER DEMAND AND CHANGING CUSTOMER PREFERENCES".KROGER - IN RESPONSE TO EVENTS IN PARKLAND & ELSEWHERE, CO HAS "TAKEN A HARD LOOK" AT POLICIES, PROCEDURES FOR FIREARM SALES‍​ ‍​.  Full Article

Kroger will road test Nuro's driverless delivery vans in autumn

CINCINNATI, June 28 Kroger Co and Silicon Valley startup Nuro will begin this autumn what they call the first real-world road test of an unmanned delivery vehicle, as the largest U.S. supermarket operator battles Amazon and others for U.S. dominance in fresh grocery delivery.