The supermarket chain’s CEO blamed inflation and tariffs imposed by President Donald Trump for cutting 63 clerk positions.
Costco rivals BJ's Wholesale Club and Kroger beat earnings estimates early Thursday, with digital sales a highlight for both retailers. BJ stock soared above buy range. Kroger stock jumped back in buy ...
America’s biggest grocery chain said it is focused on finding a permanent new CEO and shifting purchases to countries not ...
Despite Kroger's forecast for inflation of 1.5% to 2.5% in 2025 - a projection that does not include the potential impact of tariffs - the company said it sees a path to keep prices low for consumers.
Kroger CEO Rodney McMullen has resigned following a board investigation that found his personal conduct to be inconsistent with company policies, the U.S. grocery giant announced this week ...
Kroger is seeking a new path forward after the company said its long-tenured chief executive officer, Rodney McMullen, ...
"Kroger's 2024 results demonstrate the resilience of our value creation model, which is generating solid results and strong ...
The grocery chain gave a disappointing profit forecast for the year, days after the abrupt resignation of its longtime CEO.
Kroger shares are jumping Thursday morning as the grocery chain's better-than-expected quarterly earnings offset a soft outlook.
Highlights Identical Sales without fuel increased 2.4% Operating Profit of $912 million; EPS of $0.90 Adjusted FIFO Operating Profit of $1,174 million ...
Kroger has forecast annual same-store sales largely above Wall Street estimates, fuelled by steady grocery demand.
For the fourth quarter, Kroger's adjusted earnings of $1.14 a share beat the FactSet consensus estimate of $1.11 a share. "Kroger is operating from a position of strength, delivering fourth quarter ...