Despite Kroger's forecast for inflation of 1.5% to 2.5% in 2025 - a projection that does not include the potential impact of tariffs - the company said it sees a path to keep prices low for consumers.
An Albertsons official said all 39 employees would be offered jobs at the Albertsons on North Montana Avenue or the Safeway.
The grocery chain gave a disappointing profit forecast for the year, days after the abrupt resignation of its longtime CEO.
Kroger on Thursday forecast annual same-store sales largely above Wall Street estimates, fueled by steady grocery demand as ...
For the fourth quarter, Kroger's adjusted earnings of $1.14 a share beat the FactSet consensus estimate of $1.11 a share. "Kroger is operating from a position of strength, delivering fourth quarter ...
The Cincinnati company's results come just days after the abrupt resignation of long-time Chief Executive Officer and Chairman Rodney McMullen over personal conduct. They're also the first since a ...
Private Advisor Group LLC increased its stake in shares of Albertsons Companies, Inc. (NYSE:ACI – Free Report) by 17.3% in the 4th quarter, according to its most recent disclosure with the Securities ...
McMullen, 64, earned $15.7 million in 2023. The compensation included nearly $673,000 in performance-based incentive pay, according to SEC filings.
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