Topics

Kroger Co.

/marketstate/country/us

After Hours

5:32 p.m.

KR
Kroger Co.
/zigman2/quotes/206215053/composite

$

44.35

Change

-0.03 -0.07%

Volume

Volume 443,921

Quotes are delayed by 20 min

/zigman2/quotes/206215053/composite

Today's close

$ 45.08

$ 44.38

Change

-0.70 -1.55%

Day low

Day high

$44.18

$45.33

Open

52 week low

52 week high

$32.00

$50.15

Open

Video

Strategizing for 2022

  • Strategizing for 2022 Strategizing for 2022 9:52
3:18 a.m. Dec. 2, 2021 - By Tonya Garcia
Kroger beat expectations as shoppers continue to dine at homeKroger Co. stock jumped 6.3% in Thursday premarket trading after the grocer reported third-quarter earnings that beat expectations. Net income totaled $483 million, or 64 cents per share, down from $631 million, or 80 cents per share, last year. Adjusted EPS of 78 cents beat the FactSet consensus for 67 cents. Sales of $31.86 billion rose from $29.72 billion the previous year, and also beat the FactSet consensus of $31.16 billion. Identical sales, excluding fuel, rose 3.1%, ahead of the FactSet consensus for a 0.7% increase. Chief Financial Officer Gary Millerchip said in a statement that the grocer is seeing sustained dine-at-home trends. Kroger expects full-year adjusted EPS of $3.40 to $3.50, ahead of the FactSet consensus for EPS of $3.36. Kroger stock has rallied 26.6% for the year to date outpacing the S&P 500 index , which is up 20.2% for the period.
3:00 a.m. Nov. 29, 2021 - Barrons.com
Strategizing for 2022TD Ameritrade's JJ Kinahan warns of what could cause additional selling pressure as we approach year-end. Plus, Jason Pride of Glenmede discusses how he's positioning his portfolio to prepare for 2022.
3:21 a.m. Sept. 10, 2021 - By Tonya Garcia
Kroger raises full-year adjusted earnings guidanceKroger Co. reported second-quarter net income totaling $467 million, or 61 cents per share, down from $819 million, or $1.03 per share last year. Adjusted EPS of 80 cents beat the FactSet consensus for 64 cents. Sales of $31.68 billion were up from $30.49 billion last year and also ahead of the FactSet consensus for $30.64 billion. Digital sales more than doubled, up 114%. Identical sales excluding fuel fell 0.6%, ahead of the FactSet consensus for a 3.2% decline. On a two-year stack, identical sales were up 14%. Kroger raised its full-year adjusted EPS guidance to $3.25 to $3.35, up from of $2.95 to $3.10. The FactSet consensus is for EPS of $3.09. Kroger shares fell 1.4% in Friday premarket trading, but have gained 45.3% for the year to date. The S&P 500 index has run up 19.6% for 2021 so far.
3:25 a.m. June 17, 2021 - By Tonya Garcia
Kroger raises full year guidance, announces $1 billion share buyback programKroger Co. reported first-quarter net income totaling $140 million, or 18 cents per share, down from $1.212 billion, or $1.52 per share, last year. Adjusted EPS was $1.19, down from $1.22 last year and ahead of the FactSet consensus for $1.01. Sales totaled $41.30 billion, down from $41.55 billion last year and also ahead of the FactSet consensus for $39.87 billion. Digital sales were up 16%, and have climbed 108% on a two-year stack basis. Identical sales without fuel fell 4.1%. The FactSet consensus was for a 6.6% decline. On a two-year stack, identical sales increased 14.9%. Kroger raised its full year adjusted EPS guidance to a range of $2.95 to $3.10 from $2.75 to $2.95 previously. The FactSet consensus is for $2.84. Kroger also announced a new $1 billion share buyback program after the expiration of the previous authorization last week. Kroger stock slipped 1.4% in Thursday premarket trading, but has rallied 18.2% for the year to date. The S&P 500 index is up 12.5% for the period.
3:34 a.m. March 4, 2021 - By Tonya Garcia
Kroger shares rise after earnings beatKroger Co. reported a fourth-quarter net loss of $77.0 million, or 10 cents per share, after net income of $327.0 million, or 40 cents per share, last year. Adjusted EPS of 81 cents was ahead of the FactSet consensus of 69 cents. Sales of $30.74 billion were up from $28.89 billion and also ahead of the FactSet consensus for $30.83 billion. Digital sales more than doubled, up 118%. Identical sales excluding fuel were up 10.6%, also ahead of the FactSet consensus for 10.2% growth. Kroger is guiding for 2021 adjusted EPS of $2.75 to $2.95. The FactSet consensus is for EPS of $2.69. Kroger stock rose 1% in Thursday premarket trading, and was up 7.4% over the past year. The benchmark S&P 500 index is up 22% for the period.
8:11 a.m. Feb. 23, 2021 - By Tomi Kilgore
Kroger stock falls after BofA analyst turns bearish, about a week ahead of earnings reportShares of Kroger Co. slumped 1.2% in afternoon trading Tuesday, after BofA Securities analyst Robert Ohmes turned bearish ahead of the grocers earnings report due out next week. Ohmes downgraded Kroger to underperform from neutral, and slashed its stock price target to $28, which is 15.6% below current levels, from $40. He expects Kroger to report fiscal fourth-quarter same-store sales that beat expectations, given strong sales through the end of January, but expects identical sales to "inflect negatively" starting in early March given the peak COVID-19-related stock piling that occurred a year ago. The FactSet consensus for same-store sales, which are scheduled to be reported on March 4, is for 10.2% growth. Ohmes also sees potential for more aggressive promotions this year to pressure margins, as well as margin risks related to fuel sales given strong fuel profitability a year ago. Ohmes is also concerned that stimulus payments and increased vaccinations "could trigger a substantial boost to services spending," including restaurants, that could hurt sales at food retailers this year. Kroger's stock has edged up 0.5% over the past three months, while the SPDR Consumer Staples Select Sector ETF has slipped 2.0% and the S&P 500 has gained 7.4%.
Browse topics:

Filter results by

Industry

Retail (22)

Food And Beverage (12)

Tobacco (12)

Location

Us (32)

Asia Pacific (1)

Japan (1)

Link to MarketWatch's Slice.