|Bid||28.200 x 900|
|Ask||28.210 x 3100|
|Day's range||28.000 - 28.380|
|52-week range||19.690 - 31.450|
|PE ratio (TTM)||6.97|
|Earnings date||13 Sep 2018|
|Forward dividend & yield||0.56 (1.95%)|
|1y target est||30.18|
What Caused the Consumer Sector to Rise Last Week? On July 9, the Kroger Company (KR) announced a $17 million investment in its distribution center on Mount Zion Road in Florence, Kentucky. Kroger stock fell 3.7% last week.
Kroger (KR) is trying all means to overcome competition in the grocery space, which is undergoing a fundamental change with technology playing a key role and focus shifting to online shopping.
Kroger (KR), recently added to the Barron’s Next 50, could use buybacks to boost earnings beyond investors’ current expectations and set the stock up to double. Kroger should generate roughly $15 billion of operating cash flow over the next three years. The company will return $6 billion to shareholders, or roughly 25% of the current market capitalization, using a meaningful portion of its free cash flow to repurchase shares.
A four-pack of Smooth Operator razor cartridges costs $8 at many Kroger Co. stores. In some editions Tuesday, a Life & Arts article about how grocery stores market to men incorrectly gave the price as ...
While convenience is still a high priority, meal-kit companies are adapting to Amazon's possible entrance to the market and offering more ways for consumers to purchase their products.
Shares of the Kellogg Company (K), Kroger (KR), and Church and Dwight (CHD) have shown sharp recovery in recent months thanks to improving fundamentals and multiyear low valuations. New product launches and acquisitions are driving the top lines of Kellogg and Church and Dwight. Meanwhile, Kroger is benefiting from its digital offerings and growth in its private label products.
Kroger (KR) tries all means to counter competition in the grocery space. It is introducing digital coupons, order online pick up in store and smart shopping lists.
Kroger management talks about its strong performance from its Simple Truth line and the impact of its space optimization initiatives.
It's quite apparent that competition among grocery retailers is far from subsiding, and Kroger understands that. The company's partnership with Nuro will definitely prove to be game changer.
Kroger Co. is betting driverless cars can speed up the adoption of grocery delivery in the U.S. The largest U.S. supermarket chain by sales and stores on Thursday said it would work with electric-vehicle startup Nuro Inc. to test what they called the world’s first driverless grocery deliveries. Kroger and Nuro executives said delivering groceries without drivers—while still years away—would make such services cheaper and easier to introduce in less densely populated parts of the country.
By Lisa Baertlein CINCINNATI (Reuters) - Kroger Co and Silicon Valley startup Nuro will begin this autumn what they call the first real-world road test of an unmanned delivery vehicle, as the largest U.S. supermarket operator battles Amazon and others for U.S. dominance in fresh grocery delivery. The test of Nuro's "R1" van, which is shaped like a rounded, silver lunch box, comes as Kroger and other store-based food retailers are racing to catch up with or gain an advantage over online retailer Amazon.com Inc, which sent grocery sellers scrambling to add home delivery after its $13.7 billion acquisition of Whole Foods Market last year. Kroger is experimenting with ways to lower the cost of grocery delivery by automating different labor- and cost-intensive aspects of the service, from picking and packing orders to dropping them at homes.
Shares of pharmacy giants CVS (CVS), Rite Aid (RAD), and Walgreens Boots Alliance (WBA) all plummeted on Thursday morning after Amazon (AZMN) announced its purchase of online pharmacy delivery startup PillPack. The move clearly has some investors worried that Amazon's push into the pharmaceutical industry will hurt the current powers. So let's take a look at more of the details to find out what's really going on.
SAN FRANCISCO (AP) — Kroger Co. is about to test whether it can steer supermarket customers away from crowded grocery aisles with a fleet of diminutive driverless cars designed to lower delivery costs.