Seeking Alpha

Kroger completes merger with Harris Teeter

  • Kroger (KR) says it expects to maintain its 2.00-2.20 net debt to EBITDA ratio after allocating more free cash flow to debt reduction in the wake of its merger with Harris Teeter (HTSI).
  • The grocery store operator projects to see EPS accretion of $0.06-$0.09 in the first full year after the merger.
  • Thomas Dickson, the former Chairman and CEO of Harris Teeter, has retired, according to Kroger.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs