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Kroger Co. (KR)

  • Fri, Oct. 2, 2:11 PM
    • Kroger (KR +0.3%) unveiled a new brand this week aimed at high-end shoppers.
    • HemisFares will focus on authentic Italian products to start before adding food items from Spain, Japan, and other regions.
    • The company has a strong track record of introducing complementary private-food labels.
    | Fri, Oct. 2, 2:11 PM | 2 Comments
  • Sun, Sep. 20, 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.
    | Sun, Sep. 20, 12:53 PM | 25 Comments
  • Thu, Sep. 17, 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.
    | Thu, Sep. 17, 12:22 PM | 4 Comments
  • Mon, Sep. 14, 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.
    | Mon, Sep. 14, 7:45 PM | 5 Comments
  • Sun, Sep. 13, 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).
    | Sun, Sep. 13, 2:47 PM | 15 Comments
  • Fri, Sep. 11, 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.
    | Fri, Sep. 11, 9:19 AM | 4 Comments
  • Fri, Sep. 11, 9:11 AM
    | Fri, Sep. 11, 9:11 AM | 2 Comments
  • Fri, Sep. 11, 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.
    • Press Release
    | Fri, Sep. 11, 8:46 AM | Comment!
  • Thu, Sep. 10, 5:30 PM
  • Thu, Sep. 10, 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.
    | Thu, Sep. 10, 9:27 AM | Comment!
  • Fri, Aug. 28, 11:10 AM
    | Fri, Aug. 28, 11:10 AM | 122 Comments
  • Tue, Aug. 18, 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.
    | Tue, Aug. 18, 1:35 PM | 4 Comments
  • Wed, Jul. 22, 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.
    | Wed, Jul. 22, 9:05 AM | 5 Comments
  • Tue, Jun. 30, 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.
    | Tue, Jun. 30, 2:44 PM | Comment!
  • Thu, Jun. 25, 11:50 AM
    | Thu, Jun. 25, 11:50 AM | 38 Comments
  • Wed, Jun. 24, 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
    | Wed, Jun. 24, 8:46 AM | Comment!
KR vs. ETF Alternatives
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.
Sector: Services
Industry: Grocery Stores
Country: United States