The supermarket chain’s CEO blamed inflation and tariffs imposed by President Donald Trump for cutting 63 clerk positions.
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 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.
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 ...
Kroger (KR) defied some of the more gloomy weather in the retail sector at the start of the year to offer better-than-expected sales guidance ...
Kroger reported 2024 sales results that were lower than Wall Street forecasts on Thursday, but the grocer predicted sales ...
Ex-Kroger CEO Rodney McMullen left over $11 million on the table when he left the grocer, according to the company's SEC ...
McMullen, 64, earned $15.7 million in 2023. The compensation included nearly $673,000 in performance-based incentive pay, according to SEC filings.
The announcement Monday came the same day that Kroger’s CEO, Rodney McMullen, resigned after an investigation by the Cincinnati grocery company’s board into his “personal conduct.” That undisclosed ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results