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The Latest Breaking News from Kroger

Kroger Partners With NVIDIA For AI Services

Kroger Co (NYSE:KR) has entered into a strategic collaboration with NVIDIA Corp (NASDAQ:NVDA) for Artificial Intelligence-enabled applications and services. The parties will build a state-of-art AI lab and demonstration center to expand Kroger's freshness initiatives and improve shipping logistics. The lab will be located in Kroger's Cincinnati-based headquarters office. It will use NVIDIA AI Enterprise software…

Benzinga

Jim Cramer Thinks This Grocery Retailer Can Withstand Inflation Better Than Rivals

CNBC host Jim Cramer said that grocery retailer Kroger Co. (NYSE: KR) is withstanding the “worst inflation in decades” better than its rivals.

Benzinga

Southern California grocery workers prepare for a strike: 'We've walked through hell'

Grocery workers across Southern California began voting Monday to authorize a strike against Ralphs, Albertsons, Vons and Pavilions in an effort to pressure the companies to raise wages.

Los Angeles Times

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Walmart and Kroger pancake mix recalled over ‘cable fragments’

Those who think they may have purchased two kinds of pancake and waffle mix are being asked to immediately throw them away

The Independent UK

Here's How Much $1000 Invested In Kroger 5 Years Ago Would Be Worth Today

Kroger (NYSE:KR) has outperformed the market over the past 5 years by 3.25% on an annualized basis.

Benzinga

Analysts Bump Up Kroger Price Target Post Q4 Results

Analysts raised their price target on Kroger Co (NYSE:KR) following the release of Q4 results. BMO Capital analyst Kelly Bania raised the price target to $57 from $41 and kept a Market Perform rating on the shares, implying a 2% downside. The analyst notes that the company's Q4 earnings beat was driven by strong comps,…

Benzinga

Expert Ratings For Kroger

Within the last quarter, Kroger (NYSE:KR) has observed the following analyst ratings:

Benzinga

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Kroger Shares Gain On Q4 Earnings Beat, Robust FY22 Outlook

Kroger Co (NYSE:KR) reported fourth-quarter FY21 sales growth of 7.5% year-on-year, to $33.05 billion, beating the consensus of $32.86 billion. Identical Sales without fuel increased 4%; the two-year stack increased 14.6%. Digital sales two-year stack grew 105%. Adjusted EPS of $0.91 beat the consensus of $0.74. The gross margin was 22.2%, and the…

Benzinga

Kroger: Q4 Earnings Insights

Kroger (NYSE:KR) reported its Q4 earnings results on Thursday, March 3, 2022 at 08:00 AM. Here's what investors need to know about the announcement. Earnings Kroger beat estimated earnings by 22.97%, reporting an EPS of $0.91 versus an estimate of $0.74.

Benzinga

This Is What Whales Are Betting On Kroger

Someone with a lot of money to spend has taken a bullish stance on Kroger (NYSE:KR). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Earnings Outlook For Kroger

Kroger (NYSE:KR) is set to give its latest quarterly earnings report on Thursday, 2022-03-03. Here's what investors need to know before the announcement. Analysts estimate that Kroger will report an earnings per share (EPS) of $0.74.

Benzinga

Is Now The Time To Buy Stock In Costco, Kroger Or ChargePoint?

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.

Benzinga

Grocery workers seek better pay and conditions as chains reap huge profits

Kroger workers asking for $5 raise while CEO’s salary is 904 times the median employee wage

The Guardian - US

Analyst Ratings For Kroger

Analysts have provided the following ratings for Kroger (NYSE:KR) within the last quarter:

Benzinga

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Salon

Big Food profiteering off inflation

Big chains and suppliers like Tyson, P&G and Kroger are fattening profits by raising prices — just because they can

Benzinga

Sports-Focused CBD Brand Level Select To Hit More Than 1,200 The Kroger Co. Stores Across The U.S.

Sports Performance-Based CBD LEVEL SELECT™ Partners with America's Largest Grocery Retailer Kroger Stores

Benzinga

Citi Turns Bearish On This Grocery Giant - Read Why

Citi analyst Paul Lejuez downgraded Kroger Co (NYSE:KR) to Sell from Neutral with a price target of $42, down from $47, implying a 4% downside. The company has been viewed as a defensive name within retail, but this does not reflect the risks Kroger faces in 2022 and beyond, Paul Lejuez said. The risks include…

Benzinga

Benzinga Pro's Top 5 Stocks To Watch For Friday, Jan. 28, 2022: PODD, KR, TEAM, GOOGL, SBUX

Today's 5 Stock Ideas: Insulet (PODD) - Shares up premarket. The company announced FDA clearance of its Omnipod 5 Automated Insulin Delivery System. Kroger (KR) - Shares down premarket. Citigroup downgraded

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The Independent UK

Bernie Sanders writes blistering open letter to Kroger CEO over ‘corporate greed Americans are sick and tired of’

“In total, your workers in Colorado could see their wages cut by as much as $3.34 an hour after factoring in cuts to overtime and other benefits,” Sanders writes

Benzinga

Expert Ratings For Kroger

Kroger (NYSE:KR) has observed the following analyst ratings within the last quarter:

Benzinga

Analyst Ratings For Kroger

Over the past 3 months, 8 analysts have published their opinion on Kroger (NYSE:KR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Analyst Upgrades Kroger On Market Share Gains, Sees Inflation As A Headwind In 2022

Kroger Co (NYSE: KR) shares have been strong performers in the past year, and one analyst said Wednesday the stock is set up well for another solid year in 2022, though there are some headwinds it will face.

Salon

America's new class war: Labor is back

Forget the "woke" Democrats and timid union leaders. Workers across the country are standing up and fighting back

Tribune News Service

Los estantes vacíos de los supermercados por repunte de ómicron se deben a la escasez de trabajadores, no a la cadena de suministro

La variante ómicron pasa factura a los trabajadores de supermercados que pueden sentir la frustración de los clientes mientras intentan mantener los estantes abastecidos y las líneas de pago en movimiento.

Tribune News Service

Empty grocery shelves in omicron spike are about worker shortages, not the supply chain

The omicron variant is taking a toll on grocery workers who can sense customers’ frustration as they try to keep shelves stocked and checkout lines moving.

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