The supermarket chain’s CEO blamed inflation and tariffs imposed by President Donald Trump for cutting 63 clerk positions.
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.
Kroger is seeking a new path forward after the company said its long-tenured chief executive officer, Rodney McMullen, ...
"Kroger's 2024 results demonstrate the resilience of our value creation model, which is generating solid results and strong ...
The grocery chain gave a disappointing profit forecast for the year, days after the abrupt resignation of its longtime CEO.
Kroger shares are jumping Thursday morning as the grocery chain's better-than-expected quarterly earnings offset a soft outlook.
Kroger anticipates adjusted earnings in the current fiscal year range of $4.60 to $4.80 a share. Analysts were expecting ...
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 ...
Kroger (KR) defied some of the more gloomy weather in the retail sector at the start of the year to offer better-than-expected sales guidance ...
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 ...
Kroger reported 2024 sales results that were lower than Wall Street forecasts on Thursday, but the grocer predicted sales ...
Kroger reported 2024 sales results that were lower than Wall Street forecasts on Thursday, but the grocer predicted sales ...