Headquartered in Cincinnati, Ohio, The Kroger Co. (KR) is a leading American retail company known for its grocery, multi-department, and convenience stores. With a market cap of $38.90 billion, Kroger is one of the largest supermarket chains in the U.S., serving millions of customers through its vast network of stores and digital platforms.
Shares of KR have significantly underperformed the broader market over the past year. The stock has gained 8.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 15.8%. However, in 2024, KR stock is up 17.9%, outpacing the SPX’s 8.7% rally on a YTD basis.
