• Today, 9:57 AM
    • There's still plenty of talk about a retail giant stepping in to outbid Amazon for Whole Foods Market (NASDAQ:WFM).
    • The latest to enter the fray is Barclays with its suggestion that Wal-Mart (WMT -0.4%) could bid $50 to $70 per share for the premium grocery store chain and still be accretive.
    • Target (NYSE:TGT), Kroger (NYSE:KR) and Costco (NASDAQ:COST) have also been suggested as WFM buyers in a defensive measure to Amazon's grocery threat.
    • Whole Foods trades at $43.42 vs. the $42 Amazon offer. If Barclays and other investment firms are correct, the upside on WFM is significant in comparison to the $42 protection on the downside.
    • Sources: Bloomberg and @NotableCalls
    Today, 9:57 AM | 45 Comments
  • Yesterday, 11:28 AM
    • Does this mean Kroger (KR -0.4%) won't be launching a competing bid for Whole Foods?
    • Alongside a boost in the annual payout to $0.50 from $0.48, Kroger approves a $1B buyback program to replace the now-exhausted prior one.
    • Shares have gained since the announcement, but remain in the red on the session.
    Yesterday, 11:28 AM | 29 Comments
  • Yesterday, 11:27 AM
    • Kroger (NYSE:KR) declares $0.125/share quarterly dividend, 4.2% increase from prior dividend of $0.12.
    • Forward yield 2.25%
    • Payable Sept. 1; for shareholders of record Aug. 15; ex-div Aug. 11.
    Yesterday, 11:27 AM | 22 Comments
  • Wed, Jun. 21, 8:43 AM
    • Kroger (NYSE:KR) CFO Mike Schlotman presents this morning at the Oppenheimer 17th Annual Consumer Conference (webcast).
    • The talk takes on added significance with shares of Kroger down 27% since the company lowered guidance last week and Amazon acquired Whole Foods.
    • The presentation is due to start at 9:45 A.M. ET.
    Wed, Jun. 21, 8:43 AM | 13 Comments
  • Mon, Jun. 19, 9:23 AM
    Mon, Jun. 19, 9:23 AM | 34 Comments
  • Mon, Jun. 19, 7:57 AM
    Mon, Jun. 19, 7:57 AM | 15 Comments
  • Sat, Jun. 17, 8:00 AM
    • Key events are scheduled for the companies listed below.
    • Expected IPO filings: Altice (Pending:ATUS) on June 22, Mota Group (Pending:MOTA) on June 22, Safety, Income & Growth (SAFE) on June 22, Four Springs Capital Trust (Pending:FSPR) on June 23, Granite Point Mortgage Trust (Pending:GPMT) on June 23.
    • IPO quiet period expirations: Endra Life Sciences (Pending:NDRA) on June 19, Five Point Holdings (Pending:FPH) on June 19, ASV Holdings (NASDAQ:ASV) on June 21, Gardner Denver Holdings (NYSE:GDI) on June 21, Modern Media Acquisitions (MMDMU) on June 21, National Energy Services Reunited (NESRU) on June 21, Solaris Oilfield Infrastructure (Pending:SOI) on June 21, Veritone (Pending:VERI) on June 21.
    • Secondary offering lockup expirations: Axsome Therapeutics (NASDAQ:AXSM) on June 19, Arena Pharmaceuticals (NASDAQ:ARNA) on June 19, Diana Shipping (NYSE:DSX) on June 20, La Jolla Pharmaceuticals (NASDAQ:LJPC) on June 21.
    • Notable annual meetings: Monster Beverage (NASDAQ:MNST) on June 20, BlackBerry (NASDAQ:BBRY) on June 21, Habit Restaurants (NASDAQ:HABT) on June 21, Fortinet (NASDAQ:FTNT) on June 23.
    • Special shareholder meetings: Farmer Brothers Company (NASDAQ:FARM) on June 20, Eastern Virginia Bankshares (NASDAQ:EVBS) on June 21, Southern National Bankcorp of Virginia (NASDAQ:SONA) on June 21.
    • Analyst/Investor days: United Technologies (NYSE:UTX) on June 19, General Electric (NYSE:GE) on June 20, Fiserv (NASDAQ:FISV) on June 20, Visa (NYSE:V) on June 22.
    • Roadshow: TiVo (NASDAQ:TIVO) on June 20.
    • Jefferies Global Consumer Conference: Abercrombie & Fitch (NYSE:ANF), Staples (NASDAQ:SPLS), Noodles (NASDAQ:NDLS), Sanderson Farms (NASDAQ:SAFM) and others present on June 20; Denny's (NASDAQ:DENN), Dunkin' Brands (NASDAQ:DNKN), Home Depot (NYSE:HD), Kroger (NYSE:KR) and others present on June 21.
    • Sources: EDGAR and Bloomberg
    Sat, Jun. 17, 8:00 AM | 22 Comments
  • Fri, Jun. 16, 12:44 PM
    Fri, Jun. 16, 12:44 PM | 8 Comments
  • Fri, Jun. 16, 11:07 AM
    • Shares of Whole Foods Market (NASDAQ:WFM) are up 26.95% to $41.97 to trade almost level with the $42 offer price from Amazon (AMZN +3%). But are we done yet?
    • Analysts from SunTrust and Oppenheimer are questioning if another bidder emerges as a defensive counterplay to the Amazon threat (per Bloomberg).
    • While an offer from Kroger (KR -12.5%) for WFM could be considered a reach, there are plenty of European grocery store operators that are looking to box out the Seattle e-commerce giant.
    • The idea of another bidder for Whole Foods is also rather interesting when the broad carnage across the retail sector being seen today is considered. P-E firms have significant ownership interests in many of the chain store stocks trading below market averages today, giving them a vested interest in keeping Amazon's brick-and-mortar ambitions at bay.
    • #Amazon-WholeFoods
    Fri, Jun. 16, 11:07 AM | 94 Comments
  • Fri, Jun. 16, 9:25 AM
    Fri, Jun. 16, 9:25 AM
  • Fri, Jun. 16, 9:13 AM
    • Investors are scrambling after the shock announcement that Amazon acquired Whole Foods.
    • Target (NYSE:TGT) is down 4.62% premarket to $52.90.
    • Wal-Mart (NYSE:WMT) is 3.07% lower.
    • Kroger (NYSE:KR) is off 13.27%.
    • Sprouts Farmers Market (NASDAQ:SFM) is 6.69% lower.
    • Supervalu (NYSE:SVU) swings down 4.68%.
    • Previously: Amazon acquires Whole Foods Market (June 16)
    • #Amazon-WholeFoods
    Fri, Jun. 16, 9:13 AM | 147 Comments
  • Fri, Jun. 16, 8:25 AM
    • Kroger (NYSE:KR) is taking it on the chin after yesterday's sharp cut in guidance due in part to a commitment to win on pricing.
    • Guggenheim scratches the grocery store stock off its Best Ideas list.
    • Goldman Sachs moves to a Neutral rating after having Kroger set at Buy. The new price target is $26.
    • Also moving quickly out of the bull camp, Telsey lowers Kroger to Market Perform and JPMorgan cuts to Neutral. "Unless inflation can start to increase by perhaps 2% or more, the current environment, along with the headwind of wage inflation, likely will eclipse many of inflation's benefits," warns JP.
    • Not every firm on Wall Street is bailing on Kroger. Oppenheimer still has a positive view for the long term. "Near term the headwinds persist, but we think longer term, these price investments will lead to market share gains," says analyst Rupesh Parikh. "So I think if you're a longer term shareholder, I would buy the weakness today," he adds.
    • Sources: Bloomberg and CNBC.
    • Previously: Kroger sinks after guidance cut, Wal-Mart to blame? (June 15)
    • Shares of Kroger are down 1.47% premarket to follow on yesterday's 19% freefall.
    Fri, Jun. 16, 8:25 AM | 24 Comments
  • Thu, Jun. 15, 12:41 PM
    Thu, Jun. 15, 12:41 PM
  • Thu, Jun. 15, 9:12 AM
    Thu, Jun. 15, 9:12 AM
  • Thu, Jun. 15, 8:23 AM
    • Kroger (NYSE:KR) is down sharply after the company lowers profit guidance. The grocery store operator now expects full-year EPS of $2.00 to $2.05 vs. $2.21 to $2.25 prior and $2.19 consensus.
    • FIFO gross margin for Q1 came in at 22.10% vs. 22.28% expected.
    • Is Wal-Mart (NYSE:WMT) to blame? "We are driving our strategy of lowering costs to reinvest in ways that provide the right value to our customers," says Kroger CEO Rodney McMullen.
    • Previously: Kroger EPS in-line, beats on revenue (June 15)
    • Kroger is down 9.35% premarket to $27.48 (52-week low).
    Thu, Jun. 15, 8:23 AM | 51 Comments
  • Thu, Jun. 15, 7:46 AM
    • Kroger (NYSE:KR): Q1 EPS of $0.58 in-line.
    • Revenue of $36.29B (+4.9% Y/Y) beats by $520M.
    • Shares -5.12% PM.
    • Press Release
    Thu, Jun. 15, 7:46 AM | 19 Comments