Cincinnati, Ohio-based The Kroger Co. (KR) operates as a food and drug retailer. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price-impact warehouses. With a market cap of $43.3 billion, it operates as one of the world's largest food retailers.
Although Kroger has slightly lagged behind the broader market over the past year, it has outperformed in 2024. KR stock has soared 30.8% on a YTD basis and 32.4% over the past year, compared to the S&P 500 Index’s ($SPX) surge of 24.3% on a YTD basis and 35.8% over the past 52-week period.
