Stock Data
$0.57 (0.97%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER DEFENSIVE
Industry
GROCERY STORES
Kroger Company, based in Cincinnati, Ohio, is a leading food and drug retailer in the United States. With a rich history dating back to 1883, Kroger offers a wide range of products through its various store formats, including combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Customers can find everything from natural and organic foods, pharmacies, and general merchandise to apparel, home goods, and electronics. Additionally, Kroger manufactures food products for its supermarkets and operates online sales and fuel centers, making it a comprehensive destination for shopping needs.
Kroger missed earnings for the first time in a year as gross margin squeezed under fuel costs and egg deflation, but the grocer powered past revenue expectations and kept its full-year guidance intact. CEO Greg Foran is betting hard on eCommerce, which climbed 19%, and Precision Marketing profit, up over 20%, as the new leadership team plots a turnaround.
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