CINCINNATI, April 15, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced several appointments of experienced enterprise leaders to retail roles.
Kroger appointed Joe Kelley, president of the Colorado-based King Soopers & City Markets division, to be senior vice president of Retail Divisions. Kelley is an industry veteran of nearly 40 years. He has held a number of executive leadership roles across a variety of retailers, including Price Chopper, Stop and Shop, Star Market, and Shaws Supermarkets. Kelley joined the Kroger enterprise in 2019.
Retailer promises an affordable holiday meal and shares DIY inspiration for the entire family
CINCINNATI, April 7, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced it is making Easter more affordable with a holiday meal that includes all the staples for less than $6 per person. Complete with ham, sides and dessert families can enjoy the day without skipping their seasonal favorites.
Retailer on-track to launch more than 900 new items in 2025
CINCINNATI, March 31, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's grocer, today shared it is introducing new Our Brands products, sharing five must try items hitting Kroger shelves. Customers can look forward to unique new products from Kroger®, Private Selection® and Simple Truth®, bringing Our Brands' signature quality and affordability to more grocery staples.
CINCINNATI, March 25, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced that it has filed its answer and counterclaims to the complaint brought by Albertsons in the Delaware Court of Chancery, in connection with the previous merger agreement between the two companies, which was terminated in December 2024.
As detailed in the court filing, while Kroger was working diligently to seek regulatory approval and close the merger, Albertsons was engaging in a secret and misguided campaign, together with C&S Wholesale Grocers, the divestiture buyer, to pursue its own regulatory strategy, which ultimately undermined Kroger's efforts. Albertsons's misconduct shockingly came to light in the middle of the antitrust trials under government cross examination of Susan Morris, Albertsons's recently promoted CEO designate. As a result of its misconduct, Albertsons is not entitled to the $600 million termination fee under the terms of the parties' merger agreement, nor is Albertsons entitled to the other damages it seeks.
Kroger celebrates customers with the biggest appreciation event ever
CINCINNATI, March 24, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced the return of its mega-sales event honoring customers with the retailer's hottest deals and digital coupons during Kroger's Customer Appreciation Week running March 26-April 1.
"We know our customers are faced with many choices when it comes to feeding their families and as America's grocer, we are proud every time they choose Kroger," said Mary Ellen Adcock, Kroger Senior Vice President and Chief Merchant and Market Officer. "We are thrilled to bring back our customer appreciation event with even more deals and discounts to express thanks to our customers for giving Kroger a seat at their table."
Our Brands products face off in snack bracket challenge and retailer reveals Kroger associates' favorite snacks
CINCINNATI, March 20, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared the launch of its "Elite Ate" Snack Bracket, featuring a delicious lineup of customers' favorite snacks from Kroger's Our Brands. From savory chips to sweet treats, it is a snack-off with exclusive deals on the ultimate game day eats. The retailer is also giving the inside scoop on which snacks are MVPs among Kroger associates.
Retailer celebrates National Nutrition Month
CINCINNATI, March 18, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared how customers can supercharge meals and snacks with fresh in-season fruits, veggies and simple recipes to try during National Nutrition Month and enjoy all season long.
"Preparing dishes with fresh, in-season produce presents limitless, simple options for families to enjoy together as spring and summer approaches," said Carlo Baldan, Kroger group vice president of Fresh Merchandising. "With guaranteed quality, value and more days of freshness for our customers, we make it easy to create nutritious meals. Fresh is always in season at Kroger."
CINCINNATI, March 13, 2025 /PRNewswire/ -- The Kroger Co.'s (NYSE: KR) Board of Directors today declared a quarterly dividend of 32 cents per share to be paid on June 1, 2025, to shareholders of record as of the close of business on May 15, 2025.
The company's quarterly dividend has grown at a 13.5% compounded annual growth rate since it was reinstated in 2006. The company continues to expect, subject to board approval, an increasing dividend over time.
Yael Cosset to Lead as Chief Digital Officer
CINCINNATI, March 11, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced the creation of a new eCommerce business unit, which aligns the teams contributing to every aspect of the online customer experience. Yael Cosset, Kroger's senior vice president and chief information officer, will lead this function as executive vice president and chief digital officer, effective immediately.
Fourth Quarter Highlights
Identical Sales without fuel increased 2.4%Operating Profit of $912 million; EPS of $0.90Adjusted FIFO Operating Profit of $1,174 million and Adjusted EPS of $1.14Delivered 11% digital sales growth, excluding the 53rd week in 2023Fiscal 2024 Highlights
Identical Sales without fuel increased 1.5%Operating Profit of $3.8 billion; EPS of $3.67Adjusted FIFO Operating Profit of $4.7 billion and Adjusted EPS of $4.47Delivered more than $13B in digital sales17% increase in Media, excluding the 53rd week in 2023, contributed to $1.35B in Operating Profit from Alternative Profit BusinessesIncreased associate wages resulting in average hourly wage of more than $19 and rate of more than $25 with comprehensive benefits factored in, which is a 38% increase in rate in the last seven yearsCommenced a $5.0B Accelerated Share Repurchase Program to be completed under Kroger's $7.5B share repurchase authorizationCINCINNATI, March 3, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced that Chairman and Chief Executive Officer Rodney McMullen has resigned from the Company following a Board investigation of his personal conduct that, while unrelated to the business, was inconsistent with Kroger's Policy on Business Ethics. The Board has appointed Lead Director Ronald "Ron" Sargent to serve as Chairman of the Board of Directors and interim Chief Executive Officer, effective immediately. The Board also announced that Mark Sutton will serve as Kroger's lead independent director, also effective immediately.
Celebrate soup season with cozy recipes to warm up from within
CINCINNATI, Feb. 26, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR), America's grocer, today is sharing how customers can get the most out of soup season with cozy, warm and convenient recipes the entire family can enjoy this winter.
"Warm up from the inside out with our favorite hearty recipes, from the cold-weather classics we know and love to new twists on winter staples, Kroger is serving up inspiration to make soup season simple and delicious," said Carlo Baldan, Kroger' group vice president of Fresh Merchandising. "Nothing beats enjoying a warm and hearty meal on a chilly day. We hope customers discover new recipes that become family staples this season from Kroger."
The limited-time collaboration features underwater-inspired dishes and an exclusive fry cook collectible
CHICAGO, Feb. 25, 2025 /PRNewswire/ -- Grab your spatulas and say "I'm ready!" because it's time to fire up the griddle with Bikini Bottom's favorite fry cook! Home Chef, the leading meal solutions company available online and in stores nationwide, is partnering with the beloved Nickelodeon animated series, SpongeBob SquarePants, to bring SpongeBob's crustaceous crew's recipes to the Home Chef menu. Inspired by SpongeBob's underwater adventures, this four-week collaboration combines iconic moments from the show with delicious dishes that will make everyone feel like a goofy goober.
CINCINNATI, Feb. 20, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) announced today it will host its fourth quarter 2024 earnings conference call at 10:00 a.m. ET on Thursday, March 6, 2025. Kroger's management team will comment on financial and operational results for the fourth quarter and full year 2024.
The presentation will broadcast online at ir.kroger.com. Click on "Quarterly Results" to access the event. An on-demand replay of the webcast will be available at approximately 1:00 p.m. ET on Thursday, March 6, 2025.
Roast, broil or bake: Retailer shares convenient recipes to try in the air fryer
CINCINNATI, Feb. 20, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR), America's grocer, today is sharing how customers can make mealtimes easy and delicious serving up convenient air fryer recipes, along with a simple-to-follow cheat sheet to take the guess work out of dinnertime.
"Whether you are a seasoned air fryer enthusiast or a newbie, the air fryer is a game changer in the kitchen, elevating the simplest of meals into culinary experiences," said Paul Sturkey, product and project development chef at Kroger. "From roasting fresh veggies and searing salmon, to reheating leftovers and frying chicken, these recipes are simple, crowd-pleasing and quicker than traditional cooking methods."
Retailer's fastest online delivery offers same great prices as in-store shopping
CINCINNATI, Feb. 18, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared how its Express Delivery service can help customers in a pinch by bringing items they need from the store to a customer's door and fast. From a missing ingredient for dinner to cold remedies on a sick day or ingredients customers might have forgotten in their grocery haul, Express Delivery powered by Instacart—the retailer's fastest same day delivery service—can be shopped directly from Kroger's website and digital app, boasting the same great prices, savings and rewards found in-store.
Todd Foley to ensure seamless transition before retiring
CINCINNATI, Feb. 12, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced its succession plan for Chief Financial Officer.
David Kennerley, senior vice president and CFO for PepsiCo Europe, will succeed Todd Foley as senior vice president and chief financial officer, effective April 3. Kennerley will join Kroger on March 10 as senior vice president while Foley continues as interim CFO through the end of Kroger's fiscal year 2024 reporting cycle. Foley will remain a senior vice president of the company and continue to serve on the senior leadership team to support the company during this transition period until the end of Kroger's first quarter.
Retailer shares the love with floral, candy and other sweet gifts
CINCINNATI, Feb. 6, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today is sharing the love this Valentine's Day with Bloom Haus floral bouquets, savory date night recipes and swoon-worthy savings on gifts for all lovebirds. Customers can also get special gifts delivered straight to their loved ones' doors with DoorDash and Uber Eats.
Foundation supports health and wellbeing research and education across the U.S.
CINCINNATI, Feb. 5, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR), and PepsiCo Inc (NYSE: PEP) today announced their team of chefs took home a Gold Mitt Award for Chef's Choice in the FMI (Food Marketing Institute) Foundation's Stir it Up! culinary event held during the FMI Midwinter Executive Conference. Celebrating ten years of National Family Meals Month, and to support food security within our communities, retailers and suppliers were tasked with embracing the theme, "What's for Dinner? Dishing up New Family Flavors."
Agreement increases access to convenient, high-quality care for Express Scripts customers
CINCINNATI, Feb. 5, 2025 /PRNewswire/ -- Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR) and its Family of Pharmacies today announced a new agreement with Express Scripts, the pharmacy benefit services business of Evernorth.
The new agreement provides access to prescription medications and health services at the Kroger Family of Pharmacies for Express Scripts customers.
The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.
Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.
On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.