Kroger Co. (The)

KR

US5010441013

Food Retail & Distribution

Market Closed - Nyse Other stock markets 04:00:02 2024-04-24 pm EDT			5-day change	1st Jan Change
56.15 ^USD	+0.93%		+1.61%	+22.84%

08:55pm	Kroger Insider Sold Shares Worth $4,605,194, According to a Recent SEC Filing	MT
08:54pm	Kroger Insider Sold Shares Worth $1,713,685, According to a Recent SEC Filing	MT

The Kroger Co. Reports Earnings Results for the Second Quarter and Six Months Ended August 13, 2022

September 09, 2022 at 08:27 am EDT

The Kroger Co. reported earnings results for the second quarter and six months ended August 13, 2022. For the second quarter, the company reported sales was USD 34,638 million compared to USD 31,682 million a year ago. Net income was USD 731 million compared to USD 467 million a year ago. Basic earnings per share from continuing operations was USD 1.01 compared to USD 0.62 a year ago. Diluted earnings per share from continuing operations was USD 1 compared to USD 0.61 a year ago.
For the six months, sales was USD 79,238 million compared to USD 72,980 million a year ago. Net income was USD 1,394 million compared to USD 607 million a year ago. Basic earnings per share from continuing operations was USD 1.92 compared to USD 0.8 a year ago. Diluted earnings per share from continuing operations was USD 1.89 compared to USD 0.79 a year ago.

Latest news about Kroger Co. (The)

Kroger Insider Sold Shares Worth $4,605,194, According to a Recent SEC Filing	02:55pm	MT
Kroger Insider Sold Shares Worth $1,713,685, According to a Recent SEC Filing	02:54pm	MT
Kroger to Pay $47.5 Million to Settle Washington Opioid Lawsuit, State Attorney General Says	Apr. 23	MT
Consumer Cos Climb, Recouping Some Losses -- Consumer Roundup	Apr. 22	DJ
News Highlights : Top Company News of the Day - Monday at 5 PM ET	Apr. 22	DJ
News Highlights : Top Company News of the Day - Monday at 7 PM ET	Apr. 22	DJ
US FTC sues to block $8.5 bln takeover of Capri by Tapestry	Apr. 22	RE
Sector Update: Consumer Stocks Higher in Late Afternoon Trading	Apr. 22	MT
News Highlights : Top Company News of the Day - Monday at 3 PM ET	Apr. 22	DJ
Sector Update: Consumer Stocks Advance in Afternoon Trading	Apr. 22	MT
Sector Update: Consumer	Apr. 22	MT
News Highlights : Top Company News of the Day - Monday at 1 PM ET	Apr. 22	DJ
Top Midday Stories: Verizon Shares Down, Truist Shares Up Post Earnings; CNH Industrial Names New Chief Executive; Tesla Dissolves Newly Created Marketing Team	Apr. 22	MT
News Highlights : Top Company News of the Day - Monday at 11 AM ET	Apr. 22	DJ
Albertsons Reports Mixed Fourth Quarter as Divestiture Plan for Kroger Deal Expands	Apr. 22	MT
Kroger, Albertsons Amend Divestiture Plan Related to Proposed Merger	Apr. 22	MT
Kroger, Albertsons to sell 166 more stores to gain regulatory approval for $25 bln merger	Apr. 22	RE
Kroger, Albertsons amend asset sale agreement with C&S Wholesale	Apr. 22	RE
Hipgnosis Songs and Tyman jump on takeover talk	Apr. 22	AN
North American Morning Briefing : Stock Futures -2-	Apr. 17	DJ
The Kroger Co Announces the Launch of SDS for HD	Apr. 16	CI
Market sentiment sours	Apr. 16
Evercore ISI Trims Kroger Price Target to $62 From $63, Maintains Outperform Rating	Apr. 16	MT
Wells Fargo Upgrades Kroger to Overweight From Equalweight, Adjusts PT to $65 From $58	Apr. 16	MT
ANALYST RECOMMENDATIONS : AMD, Colgate, Fair Isaac, Tyson Foods, AstraZeneca	Apr. 16

Chart Kroger Co. (The)

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Company Profile

Kroger Co. is one of the American leaders in food products distribution. Net sales break down by activity as follows: - distribution of non-perishable food products (50.6%). In addition, the group offers general merchandise products (apparel, home fashion and furnishings, outdoor living, electronics, automotive products and toys), health care and beauty products, and natural products; - distribution of fresh produce (24.6%): fruit and vegetables, meat products, seafood, fine groceries, bakery products, fresh prepared products, etc.; - operation of supermarkets with service stations (10.6%); - distribution of pharmaceutical products (9%); - other (5.2%): primarily manufacturing of food products for third parties through 33 production sites (bakeries and dairy plants) located in the United States. As of 29/02/2022, As of January 29, 2022, business is ensured through 2,726 supermarkets (of which 2,252 had pharmacies and 1,613 had fuel centers). All sales are in the United States.

Sector

Food Retail & Distribution

Calendar

2024-05-08 - Northcoast Research Conference

Related indices

S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

INTERVIEW - Kroger CEO Rodney McMullen confident about $24bn Albertsons buyout

May 11, 2023 at 12:15 pm EDT

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Ratings for Kroger Co. (The)

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

55.63 USD

Average target price

58.21 USD

Spread / Average Target

+4.64%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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Other Food Retail & Distribution

Kroger Co. (The)

Equities

KR

US5010441013

Food Retail & Distribution

The Kroger Co. Reports Earnings Results for the Second Quarter and Six Months Ended August 13, 2022

EPS Revisions