fcharlie

Kroger Gains Back Market Share from Wal-Mart

This is the problem with Seeking Alpha. Anyone can write anything they want. Kroger doesn't own any farms. Now you're saying that I said or implied that they "milk cows". You wrote an article that blatantly said "Did you know that Kroger actually owns several dairy farms" It's not true. And now that you can't reference any mention of this in the 10-K, you say you "believe Kroger contracts the function of milking cows", which isn't very convincing that you know what you are talking about.

I'm not trying to be a jerk, and I will sincerely apologize if you can cite any filing that Kroger owns farms. All you've done is cite manufacturing facilities that have the word 'farm' in their name. I'm in the process of making Kroger a major holding for myself, and I try to know as much as possible about a company. I'm not arguing for the fun of it, I just want an answer, and I think I've found it.

Kroger Gains Back Market Share from Wal-Mart

Jake,

are you confusing owning farms with owning dairy processing facilities? I see no mention of farm ownership in the fact book.

Don't Bet Against King Kroger

At these prices, Kroger is as close to a sure thing as I've seen in a while. They will continue to repay debt until they get a ratings upgrade. (they are already on ratings watch for one and management thinks it is imminent). Once they get it, they renegotiate their revolver and gain access to A2P2 commercial paper and then they resume massive share repurchases. This stock will be $30 before you know it. Boring, perhaps... but so easy to win with this one.

Kroger Gains Back Market Share from Wal-Mart

Please tell me where you found the information about Kroger owning dairy farms. I can't find any mention of it in the filings.