The Latest Breaking News from KR

BofA Turns Bullish On Kroger - Read Why

BofA analysts Robert Ohmes and Kendall Toscano upgraded Kroger Co (NYSE:KR) to Buy from Neutral with a price target of $75, up from $61, implying a 22% upside. The analysts noted that elevated food inflation should continue for at least the next six months.  The analysts added that the price increases are passed on to…

Benzinga · Apr 8, 2022

$1000 Invested In Kroger 20 Years Ago Would Be Worth This Much

Kroger (NYSE:KR) has outperformed the market over the past 20 years by 1.16% on an annualized basis producing an average annual return of 8.49%. Currently, Kroger has a market capitalization of $41.49 billion.

Benzinga · Apr 4, 2022

Carl Icahn Calls Out Kroger For Ignoring 'Human And Animal Suffering'

Longtime activist investor Carl Icahn has warned of the looming fallout of corporate America on the back of poor management.

Benzinga · Mar 30, 2022

Here's How Much $1000 Invested In Kroger 5 Years Ago Would Be Worth Today

Kroger (NYSE:KR) has outperformed the market over the past 5 years by 3.25% on an annualized basis.

Benzinga · Mar 7, 2022

Analysts Bump Up Kroger Price Target Post Q4 Results

Analysts raised their price target on Kroger Co (NYSE:KR) following the release of Q4 results. BMO Capital analyst Kelly Bania raised the price target to $57 from $41 and kept a Market Perform rating on the shares, implying a 2% downside. The analyst notes that the company's Q4 earnings beat was driven by strong comps,…

Benzinga · Mar 4, 2022

Expert Ratings For Kroger

Within the last quarter, Kroger (NYSE:KR) has observed the following analyst ratings:

Benzinga · Mar 4, 2022

Kroger Expands Fulfillment Network To Three New Cities

Kroger Co (NYSE:KR) said it is expanding its delivery capacity by adding spoke facilities in Austin and San Antonio in Texas, and Birmingham in Alabama. The new Texas and Alabama facilities will serve as new geographies for the organization. The facilities are expected to become operational later this year and create many job opportunities. The new…

Benzinga · Mar 4, 2022

Kroger Shares Gain On Q4 Earnings Beat, Robust FY22 Outlook

Kroger Co (NYSE:KR) reported fourth-quarter FY21 sales growth of 7.5% year-on-year, to $33.05 billion, beating the consensus of $32.86 billion. Identical Sales without fuel increased 4%; the two-year stack increased 14.6%. Digital sales two-year stack grew 105%. Adjusted EPS of $0.91 beat the consensus of $0.74. The gross margin was 22.2%, and the…

Benzinga · Mar 3, 2022

This Is What Whales Are Betting On Kroger

Someone with a lot of money to spend has taken a bullish stance on Kroger (NYSE:KR). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · Mar 2, 2022

Is Now The Time To Buy Stock In Costco, Kroger Or ChargePoint?

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.

Benzinga · Mar 1, 2022