24.79 0.00 (0.00%)
After hours: 4:59PM EDT
|Bid||24.79 x 100|
|Ask||24.80 x 600|
|Day's range||24.03 - 24.87|
|52-week range||19.69 - 31.45|
|PE ratio (TTM)||11.86|
|Earnings date||13 Jun 2018 - 18 Jun 2018|
|Forward dividend & yield||0.50 (2.10%)|
|1y target est||27.40|
The companies will host drug take-back events on National Prescription Drug Take-Back Day at more than 100 Kroger Family of Pharmacies locations CINCINNATI and DUBLIN, Ohio , April 23, 2018 /PRNewswire/ ...
Company's Zero Hunger | Zero Waste initiative fuels promotion of sustainable practices and products CINCINNATI , April 23, 2018 /PRNewswire/ -- In celebration of Earth Month, The Kroger Co. (NYSE: KR) ...
Though Supervalu’s (SVU) stock has delivered below-average performance this year, Wall Street believes there’s scope for revival. Analysts, on average, are expecting a 69% rise in SVU’s stock price over the next 12 months. The company, which was trading at $14.54 as of April 19, has been assigned a target price of $24.56. Individual target prices range between $14 and $55.
Kroger earned the award for prioritizing ENERGY STAR best practices in its energy management strategy and for its continued commitment to energy reduction. Part of Kroger's commitment to energy reduction is encouraging our stores to use technologies that earn ENERGY STAR building certifications.
Supervalu’s (SVU) stock has failed to please investors for quite some time now. Poor financial performance and growing pessimism for the food retailer after Amazon’s entry into the space have been some of the key reasons behind SVU’s share price decline. It was reported on April 6 that the company is exploring the possibility of a potential sale after facing pressure from activist shareholders, including Blackwells Capital LLC. SVU’s share price soared on the news and closed 9.3% higher on April 6.
Supervalu (SVU) is slated to report its 4Q18 results on April 24. It’s likely to post a 14% YoY (year-over-year) decline in earnings per share (or EPS). The company’s gross margin is likely to contract further, by ~280 basis points to 12.1% in 4Q18.
Supervalu’s (SVU) total sales are projected to increase 35% YoY (year-over-year) to $3.92 billion during 4Q18, according to Wall Street. As in the first three quarters of the year, growth is likely to be driven by the company’s acquisitions in the wholesale segment. This segment recorded 38.4% growth in business in 9M18, largely driven by the integration with Unified Grocers, which the company acquired last year.
Since the Amazon acquisition, while Whole Foods customers enjoy the discounts, vendors, especially local food makers, feel the headwind.
Kroger Co. said Friday that it has approved a new $1.2 billion share buyback program, in addition to the $1 billion program announced March 15. The grocery giant will use the proceeds from the sale of its convenience store business to EG Group. The sale includes 762 convenience stores including 66 franchise operations across 18 states with 11,000 workers.
CINCINNATI, April 20, 2018 /PRNewswire/ -- The Kroger Co. (KR) today announced it has completed the sale of its convenience store business unit to EG Group for $2.15 billion. After tax proceeds total $1.7 billion. $1.2 billion of the proceeds will be used to fund an accelerated share repurchase ("ASR") program.
LOS ANGELES, April 19, 2018 /PRNewswire/ -- Ralphs Grocery Company has joined in the effort to help the communities its stores serve combat the opioid epidemic. Ralphs currently stocks naloxone, an opioid overdose-reversing drug, in its 79 in-store pharmacies in Southern California. All Ralphs Pharmacies dispense naloxone without the need for a prescription – making it easier for families, friends, caregivers and those at-risk individuals to have the drug on hand if needed to save a life.
Amazon (AMZN) increased Prime program membership fee for monthly subscribers in January, and the upcoming 1Q18 report is expected to reflect the effects of the fee hike. Prime membership comes with numerous benefits, such as free delivery of items purchased on Amazon’s online retail site as well as grocery purchases from Whole Foods Market. Amazon acquired Whole Foods for $13.7 billion last year to bolster its position in the grocery sector, which is largely held by traditional retailers such as Walmart (WMT) and Kroger (KR).
NEW YORK, April 17, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
CINCINNATI, April 16, 2018 /PRNewswire/ -- The Kroger Co. (KR) today announced new and enhanced long-term associate benefits following the Tax Cuts and Jobs Act, including an industry-leading education assistance program called Feed Your Future, accelerated investments in store associate wages, a more generous 401(k) benefit, and enriched associate discount and support programs. "The Tax Cuts and Jobs Act is a catalyst that is enabling us to accelerate investments in Restock Kroger, our plan to serve America through food inspiration and uplift," said Rodney McMullen, Kroger's chairman and CEO.
Whitbread led the FTSE 100 gainers after Elliott Advisors, the activist hedge fund, disclosed a 6 per cent stake. Following stake building by Sachem Head last year, close to 10 per cent of the Premier ...
LOS ANGELES, April 12, 2018 /PRNewswire/ -- Need a job? Supermarket partners Ralphs and Food 4 Less are now hiring to fill more than 600 open positions in their Southern California supermarkets. "We have a variety of part-time positions that we need to fill in every Ralphs and Food 4 Less store in Southern California," said Kendra Doyel, senior director of human resources for Ralphs and Food 4 Less.
Walmart, Amazon, CVS, Spotify and Apple are the companies to watch.
SALT LAKE CITY, April 10, 2018-- Today, Smithfield Foods, Inc. joined forces with Smith’ s Food and Drug to donate more than 35,000 pounds of protein to Utah Food Bank. Smithfield’ s contribution was part ...
Kroger Co. is hiring 11,000 workers to improve customer service and efficiency at its thousands of stores as competition among food retailers heats up. Kroger said the new positions at its nearly 2,800 supermarkets will include 2,000 managers and represent a 2% increase to its workforce of about 450,000 full- and part-time employees. Last year Kroger gave voluntary buyouts to 1,300 white-collar workers to cut costs as sales slumped.
Kroger is hiring 11,000 workers, up about 1,000 from last year. The nation's largest grocery chain by revenue is locked in a fierce completion with Amazon.com, which acquired Whole Foods last year, as ...