Kroger Co. (KR) - NYSE
  • Sep. 20, 2015, 12:53 PM
    • Publix is the latest large grocery store chain to step into the home delivery game. The private chain is using Shipt to delivery online orders to a large swath of Atlanta. Shipt offers the same type of delivery service as Peapod, Instacart, Amazon Fresh (NASDAQ:AMZN), and FreshDirect.
    • Looking to keep market share, Kroger (NYSE:KR) and SuperValu (NYSE:SVU) have pick-up options for online orders and are dabbling with home delivery.
    • Target (NYSE:TGT) has tipped that it would like to "test" grocery delivery in the future and already has a curbside pickup option at some stores. Wal-Mart (NYSE:WMT) is also testing various online grocery programs.
    • Though Whole Foods Market (NASDAQ:WFM), Trader Joe's, Sprouts Farmers Market (NASDAQ:SFM), and The Fresh Market (NASDAQ:TFM) still hold an advantage with consumers for fresh produce - analysts note the specialty grocery category is getting crowded. Whole Foods is the company with the most advanced home delivery program (1-hour in some markets) in the group.
    • Data dive: Online grocery shopping is estimated to be growing at a 25% to 30% rate. Perhaps an even more important statistic is that 87% of online shoppers use more than one store for their grocery needs in a trend that could pressure pricing.
    | Sep. 20, 2015, 12:53 PM | 26 Comments
  • Sep. 17, 2015, 12:22 PM
    • Kroger (NYSE:KR) declares $0.105/share quarterly dividend, in line with previous.
    • Forward yield 1.12%
    • Payable Dec. 1; for shareholders of record Nov. 13; ex-div Nov. 10.
    | Sep. 17, 2015, 12:22 PM | 4 Comments
  • Sep. 14, 2015, 7:45 PM
    • Kroger (NYSE:KR) has named its CIO Chris Hjelm an executive VP and put him in charge of its wholly owned analytics unit, 84.51 Degrees.
    • The grocer formed the subsidiary earlier this year after buying out a joint venture from Tesco. Aside from studying consumer buying habits, Kroger sells analytics to suppliers and consumer-goods companies, and sees it as important revenue along with its baseline streams in a thin-margin industry.
    • Kroger doesn't break out financials for 84.51 Degrees, but says it's providing richer analysis than third-party companies like Nielsen.
    • The company overall posted $108.5B in revenues for fiscal 2014.
    | Sep. 14, 2015, 7:45 PM | 5 Comments
  • Sep. 13, 2015, 2:47 PM
    • U.S. gas prices fell sharply over the last three weeks, according to the latest read from Lundberg Survey.
    • The average price for a gallon of regular declined 9.8% to $2.4419 for the period ending on September 11.
    • Fuel margins are a key earnings factor for a large number of retail chains including CST Brands (NYSE:CST), Murphy USA (NYSE:MUSA), Costco (NASDAQ:COST), Kroger (NYSE:KR), Wal-Mart (NYSE:WMT), and Casey's General Stores (NASDAQ:CASY).
    | Sep. 13, 2015, 2:47 PM | 15 Comments
  • Sep. 11, 2015, 9:19 AM
    • Kroger (NYSE:KR) reports revenue rose 5.7% in Q2 before factoring in fuel sales.
    • Identical supermarket sales increased 5.3% (ex-fuel).
    • FIFO gross margin rate -7 bps to 21.5%.
    • Return on invested capital, on a rolling four quarters basis, came in at 14.24%.
    • Guidance: Identical supermarket sales growth of 4.0% to 5.0% is anticipated for FY15. The company says it expects FY15 EPS of $1.92-$1.98 vs. $1.90-$1.95 prior and $1.96 consensus.
    • Previously: Kroger beats by $0.04, beats on revenue
    • KR +6.95% premarket to $37.86.
    | Sep. 11, 2015, 9:19 AM | 4 Comments
  • Sep. 11, 2015, 9:11 AM
    | Sep. 11, 2015, 9:11 AM | 2 Comments
  • Sep. 11, 2015, 8:46 AM
    • Kroger (NYSE:KR): Q2 EPS of $0.44 beats by $0.04.
    • Revenue of $25.54B (+0.9% Y/Y) beats by $40M.
    | Sep. 11, 2015, 8:46 AM
  • Sep. 10, 2015, 5:30 PM
    | Sep. 10, 2015, 5:30 PM | 1 Comment
  • Sep. 10, 2015, 9:27 AM
    • Kroger (NYSE:KR) doled out executive VP titles to four key execs.
    • Mike Donnelly (merchandising), Chris Hjelm (NYSE:CIO), Fred Morganthall (retail ops), and Mike Schlotman (NASDAQ:CFO) were all given the VP nod and assigned extra duties.
    • The grocery store chain operator has shown very strong results over the last two years and even on a 5-year scan shares haves crushed Whole Foods Market.
    | Sep. 10, 2015, 9:27 AM
  • Aug. 28, 2015, 11:10 AM
    | Aug. 28, 2015, 11:10 AM | 122 Comments
  • Aug. 18, 2015, 1:35 PM
    • Kroger (KR -0.2%) announces it will create two new supermarket divisions in Texas.
    • A Houston division and Dallas division will break off those regions from the Southwest business group.
    • Kroger has plans to spend a combined $1.2B in the Dallas-Fort Worth and Houston markets over the next three years.
    | Aug. 18, 2015, 1:35 PM | 4 Comments
  • Jul. 22, 2015, 9:05 AM
    • Western Union (NYSE:WU) extends its contract with Kroger (NYSE:KR).
    • Over 2.3K Kroger locations offer Western Union money transfer services.
    • The companies have been partners for over 30 years.
    | Jul. 22, 2015, 9:05 AM | 5 Comments
  • Jun. 30, 2015, 2:44 PM
    • Kroger (KR +0.1%) announces COO Mike Ellis will retire from the company.
    • Ellis spent 40 years at the grocery store chain and has been the COO for the last 18 months.
    • A replacement will be named at a later date.
    | Jun. 30, 2015, 2:44 PM
  • Jun. 25, 2015, 11:50 AM
    • Kroger (NYSE:KR) announces a two-for-one stock split and new $500 share repurchase program.
    • The company's quarterly dividend is also lifted to $0.21/share which will fall to a $0.105 level after the split.
    • Previously: Kroger blasts past all comers (Jun. 18 2015)
    • Previously: The Kroger Co. declares $0.105 dividend
    • KR +1.33% to $73.91 vs. the all-time high of $77.74 in late March.
    | Jun. 25, 2015, 11:50 AM | 36 Comments
  • Jun. 24, 2015, 8:46 AM
    • Grocery store stocks could see some volatility after Ahold agrees to buy Delhaize.
    • Retail analysts think the sector could see more M&A with the presence of larger retail chains such as Target and Wal-Mart placing some pressure on companies to scale up.
    • On watch: Kroger (NYSE:KR), Supervalu (NYSE:SVU), Roundy's (NYSE:RNDY), Ingles Markets (NASDAQ:IMKTA), Village Super Market (NASDAQ:VLGEA), Weis Markets (NYSE:WMK), Fairway Group Holdings (NASDAQ:FWM).
    • Previously: Ahold, Delhaize agree to merger
    | Jun. 24, 2015, 8:46 AM
  • Jun. 19, 2015, 9:24 AM
    • Execs with Kroger (NYSE:KR) updated investors on the progress of the integration of Vitacost.com during the firm's earnings call yesterday.
    • The company was able to launch a new King Soopers Live Naturally website this week with the help of the Vitacost technology platform.
    • King Soopers is a pilot e-commerce site aimed at the health food market.
    • The impact of Vitacost has been a bit of an unquantified variable for analysts covering Kroger.
    • "Vitacost really just helps us fulfill that long tail of items that are smaller in some cases and on the King Soopers website now, you can pick up 25,000 to 30,000 additional SKUs than what you'd find in a typical Kroger store," updated COO Michael Ellis during Q&A on the call.
    • Earnings call transcript
    • Previously: Profit beat and solid guidance lifts Kroger (Jun. 18 2015)
    • Previously: Kroger blasts past all comers (Jun. 18 2015)
    | Jun. 19, 2015, 9:24 AM
Company Description
The Kroger Co. operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the United States. It also manufactures and processes some of the food for sale in its supermarkets. The Combination Food and Drug Stores are the primary food store... More
Sector: Services
Industry: Grocery Stores
Country: United States