The Kroger Co. operates as a retailer in the United States. The company operates supermarkets, multi-department stores, marketplace stores, and price impact warehouse stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. The company's marketplace stores offer full-service grocery, pharmacy, health and beauty care departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and price impact warehouse stores provides grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets; and sells fuel through 1,537 fuel centers. As of March 7, 2019, the company operated 2,764 retail food stores under various banner names, as well as an online retail store. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio.
Industry, Sector and Symbol
Industry Grocery stores
Sub-IndustryFood Retail
SectorRetail/Wholesale
Phone513-762-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$121.16 billion
Profitability
Miscellaneous
Employees453,000
Next Earnings Date6/20/2019 (Estimated)
OptionableOptionable
Kroger (NYSE:KR) Frequently Asked Questions
What is Kroger's stock symbol?
Kroger trades on the New York Stock Exchange (NYSE) under the ticker symbol "KR."
How often does Kroger pay dividends? What is the dividend yield for Kroger?
Kroger declared a quarterly dividend on Thursday, March 14th. Investors of record on Wednesday, May 15th will be paid a dividend of $0.14 per share on Saturday, June 1st. This represents a $0.56 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date of this dividend is Tuesday, May 14th. View Kroger's Dividend History.
When did Kroger's stock split? How did Kroger's stock split work?
Shares of Kroger split on Tuesday, July 14th 2015. The 2-1 split was announced on Thursday, June 25th 2015. The newly issued shares were issued to shareholders after the closing bell on Monday, July 13th 2015. An investor that had 100 shares of Kroger stock prior to the split would have 200 shares after the split.
How will Kroger's stock buyback program work?
Kroger announced that its Board of Directors has initiated a share buyback plan on Friday, March 16th 2018, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its stock is undervalued.
How were Kroger's earnings last quarter?
Kroger Co (NYSE:KR) issued its quarterly earnings results on Thursday, March, 7th. The company reported $0.48 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.51 by $0.03. The firm had revenue of $28.09 billion for the quarter, compared to the consensus estimate of $28.38 billion. Kroger had a return on equity of 23.50% and a net margin of 2.57%. The firm's revenue was down 9.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.63 earnings per share. View Kroger's Earnings History.
When is Kroger's next earnings date?
What guidance has Kroger issued on next quarter's earnings?
Kroger issued an update on its FY20 earnings guidance on Thursday, March, 7th. The company provided earnings per share (EPS) guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.26.
What price target have analysts set for KR?
17 brokers have issued 1-year price objectives for Kroger's stock. Their forecasts range from $22.00 to $37.00. On average, they anticipate Kroger's share price to reach $30.3125 in the next year. This suggests a possible upside of 25.2% from the stock's current price. View Analyst Price Targets for Kroger.
What is the consensus analysts' recommendation for Kroger?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kroger in the last year. There are currently 3 sell ratings, 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kroger.
What are Wall Street analysts saying about Kroger stock?
Here are some recent quotes from research analysts about Kroger stock:
- 1. According to Zacks Investment Research, "Shares of Kroger have plunged and underperformed the industry in the past three months. The stock came under pressure following the company’s fourth-quarter fiscal 2018 results, wherein the bottom line not only missed the Zacks Consensus Estimate but also declined year over year. Although, total sales managed to come ahead of the consensus mark, it fell year over year. Management also provided muted earnings view for fiscal 2019. Nonetheless, Kroger is trying to overcome competition. It is introducing digital coupons, order online pick up in store and smart shopping lists. The “Restock Kroger” program is also gaining traction. The grocery industry is no longer shielded from the e-commerce war. Given this scenario, the Ocado deal along with the buyout of Home Chef and using of Nuro’s self-driven car for grocery delivery services are good moves. Kroger also remains committed to improve identical supermarket sales and margins." (5/17/2019)
- 2. Pivotal Research analysts commented, "We continue to view 2018 as a significant transition year for Kroger accompanied by heavy price investments, new merchandising resets, and a major pickup in M&A/divestiture activity. It should be noted, however, that earnings are set to take a significant step backwards in FY18. The three-year guidance will now require close to $600 million of operating income growth over the next two years in order to hit the $3.1 billion objective by the end of FY20." (12/4/2018)
Has Kroger been receiving favorable news coverage?
Press coverage about KR stock has trended somewhat negative on Monday, according to InfoTrie. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Kroger earned a daily sentiment score of -1.6 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.
Who are some of Kroger's key competitors?
Some companies that are related to Kroger include Woolworths Group (WOW), Wesfarmers (WES), Alimentation Couche-Tard (ATD.B), Koninklijke Ahold (ADRNY), Loblaw Companies (L), Tesco (TSCO), George Weston (WN), China Resources Beer Holdings CoLtd (CRHKY), Metro (MRU), George Weston (WNGRF), Ocado Group (OCDO), Empire (EMP.A), Companhia Brasileira de Distribuicao (CBD), WM Morrison Supermarkets (MRW) and J Sainsbury (SBRY).
What other stocks do shareholders of Kroger own?
Who are Kroger's key executives?
Kroger's management team includes the folowing people:
- Mr. William Rodney McMullen, Chairman & CEO (Age 58)
- Mr. Michael J. Donnelly, Exec. VP & COO (Age 60)
- Mr. Christopher T. Hjelm, Exec. VP & Chief Information Officer (Age 57)
- Mr. John Michael Schlotman, Exec. VP (Age 61)
- Mr. Stuart W. Aitken, Sr. VP (Age 47)
Who are Kroger's major shareholders?
Kroger's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.12%), LSV Asset Management (2.56%), FMR LLC (2.31%), AQR Capital Management LLC (1.82%), Janus Henderson Group PLC (1.70%) and Geode Capital Management LLC (1.59%). Company insiders that own Kroger stock include Calvin J Kaufman, Carin L Fike, Christine S Wheatley, Christopher T Hjelm, Clyde R Moore, Erin S Sharp, J Michael Schlotman, Jorge P Montoya, Mary Ellen Adcock, Michael Joseph Donnelly, Robert D Beyer, Robert W Clark, Ronald Sargent, Susan J Kropf, Susan M Phillips and Todd A Foley. View Institutional Ownership Trends for Kroger.
Which institutional investors are selling Kroger stock?
KR stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Aristotle Capital Management LLC, FMR LLC, Amundi Pioneer Asset Management Inc., AQR Capital Management LLC, FIL Ltd, BlackRock Inc. and Tobam. Company insiders that have sold Kroger company stock in the last year include Calvin J Kaufman, Carin L Fike, Christine S Wheatley, Christopher T Hjelm, Clyde R Moore, Erin S Sharp, J Michael Schlotman, Mary Ellen Adcock, Michael Joseph Donnelly, Robert D Beyer, Robert W Clark, Ronald Sargent and Susan J Kropf. View Insider Buying and Selling for Kroger.
Which institutional investors are buying Kroger stock?
KR stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Victory Capital Management Inc., Janus Henderson Group PLC, Poplar Forest Capital LLC, Equity Investment Corp, Bank of Montreal Can, Geode Capital Management LLC and Retirement Systems of Alabama. View Insider Buying and Selling for Kroger.
How do I buy shares of Kroger?
Shares of KR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Kroger's stock price today?
One share of KR stock can currently be purchased for approximately $24.22.
How big of a company is Kroger?
Kroger has a market capitalization of $19.54 billion and generates $121.16 billion in revenue each year. The company earns $3.11 billion in net income (profit) each year or $2.11 on an earnings per share basis. Kroger employs 453,000 workers across the globe.
What is Kroger's official website?
How can I contact Kroger?
Kroger's mailing address is 1014 VINE STREET, CINCINNATI OH, 45202. The company can be reached via phone at 513-762-4000 or via email at [email protected]
MarketBeat Community Rating for Kroger (NYSE KR)
MarketBeat's community ratings are surveys of what our community members think about Kroger and other stocks. Vote "Outperform" if you believe KR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KR will underperform the S&P 500 over the long term. You may vote once every thirty days.
