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US5010441013
State: 20.04.2025 | 5PM
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FIGI: BBG000BMY992
KR

The Kroger Company
GICS: 30101030 · Sector: Consumer Defensive · Sub-Sector: Grocery Stores
NAME
The Kroger Company
ISIN
US5010441013
TICKER
KR
MIC
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REUTERS
KR.N
BLOOMBERG
KR US
Tue, 15.04.2025       Kroger Co

Joe Kelley Named SVP of Retail DivisionsKenny Kimball Named Smith's Division PresidentChris Albi Named King Soopers Division President Kendra Doyel Named Food 4 Less Division President

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.

Mon, 07.04.2025       Kroger Co

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. 

Mon, 31.03.2025       Kroger Co

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.

Tue, 25.03.2025       Kroger Co

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.

Mon, 24.03.2025       Kroger Co

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."

Thu, 20.03.2025       Kroger Co

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.

Tue, 18.03.2025       Kroger Co

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."

Thu, 13.03.2025       Kroger Co

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.

Tue, 11.03.2025       Kroger Co

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.

Thu, 06.03.2025       Kroger Co

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 2023

Fiscal 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 authorization
Mon, 03.03.2025       Kroger Co

Ronald Sargent appointed Chairman of the Board of Directors and Interim CEO Mark Sutton will serve as Kroger's lead independent directorKroger expects full-year Identical Sales without fuel to be at the high end of its guidance rangeKroger expects full-year Adjusted Earnings Per Share to be slightly above the high end of its guidance rangeFourth quarter earnings conference call to be webcast Thursday, March 6, 2025 at 10 a.m. ET

CINCINNATI, 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.

Wed, 26.02.2025       Kroger Co

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."

Tue, 25.02.2025       Kroger Co

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.

Thu, 20.02.2025       Kroger Co

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. 

Thu, 20.02.2025       Kroger Co

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."

Tue, 18.02.2025       Kroger Co

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.

Wed, 12.02.2025       Kroger Co

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.

Thu, 06.02.2025       Kroger Co

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.

Wed, 05.02.2025       Kroger Co

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."

Wed, 05.02.2025       Kroger Co

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.

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