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.
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 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 ...
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 ...
McMullen, 64, earned $15.7 million in 2023. The compensation included nearly $673,000 in performance-based incentive pay, according to SEC filings.
Kroger is scheduled to report its fourth-quarter results Thursday before the market opens, an event that will be shadowed by Rodney McMullen's sudden departure. Here is what you need to know: ...
The announcement Monday came the same day that Kroger’s CEO, Rodney McMullen, resigned after an investigation by the Cincinnati grocery company’s board into his “personal conduct.” That undisclosed ...
Ex-Kroger CEO Rodney McMullen left over $11 million on the table when he left the grocer, according to the company's SEC ...