Cincinnati, Ohio-based The Kroger Co. (KR) operates as a food and drug retailer in the United States. Valued at a market capitalization of $38.6 billion, the company operates a combination of food and drug stores, multi-department stores, marketplace stores, and price-impact warehouses, which offer products ranging from natural foods, general merchandise, pharmaceuticals, organic produce, home fashion and furnishings, and more.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” KR fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the grocery store industry.