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Kroger Co (KR.N)

KR.N on New York Stock Exchange

29.43USD
18 Jan 2019
Change (% chg)

$0.50 (+1.73%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Kroger Announces Succession Plan For CFO Michael Schlotman
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Kroger Co ::KROGER ANNOUNCES SUCCESSION PLAN FOR CHIEF FINANCIAL OFFICER, J. MICHAEL SCHLOTMAN.SCHLOTMAN TO RETIRE AS CFO.GARY MILLERCHIP, CEO OF KROGER PERSONAL FINANCE, APPOINTED AS SCHLOTMAN'S SUCCESSOR.SCHLOTMAN WILL REMAIN ON THROUGH DECEMBER 2019.MICHAEL SCHLOTMAN TO RETIRE AS CHIEF FINANCIAL OFFICER, KROGER CO.GARY MILLERCHIP WILL SUCCEED SCHLOTMAN EFFECTIVE APRIL 4, 2019.  Full Article

Kroger Co - Kroger Reported Identical Sales Growth, Without Fuel, Of 1.6% For Q3 Of 2018
Thursday, 6 Dec 2018 

Kroger Co ::KROGER REPORTS THIRD QUARTER 2018 RESULTS.Q3 SALES $27.67 BILLION VERSUS REFINITIV IBES ESTIMATE OF $27.71 BILLION.UPDATES 2018 GAAP EPS GUIDANCE TO $3.80-$3.95 AND MAINTAINS 2018 ADJUSTED OPERATING EPS GUIDANCE OF $2.00-$2.15.Q3 GAAP EPS OF $0.39, Q3 ADJUSTED OPERATING EPS OF $0.48.KROGER - CONTINUES TO EXPECT CAPITAL INVESTMENTS, EXCLUDING MERGERS, ACQUISITIONS, AND PURCHASES OF LEASED FACILITIES, TO BE ABOUT $3.0 BILLION IN 2018..KROGER REPORTED IDENTICAL SALES GROWTH, WITHOUT FUEL, OF 1.6% FOR Q3 OF 2018.RECONFIRMED ITS IDENTICAL SALES GUIDANCE, EXCLUDING FUEL, FOR REMAINDER OF YEAR.KROGER - EXPECTS H2 RESULTS TO BE SIMILAR TO H1 RESULTS..Q3 EARNINGS PER SHARE VIEW $0.43 -- REFINITIV IBES DATA.FY EARNINGS PER SHARE VIEW $2.12 -- REFINITIV IBES DATA.  Full Article

Kroger And Walgreens Expand Exploratory Pilot
Tuesday, 4 Dec 2018 

Kroger Co ::KROGER AND WALGREENS EXPAND EXPLORATORY PILOT.KROGER CO - HOME CHEF EXPRESS MEAL KITS NOW AVAILABLE IN 65 CHICAGO-AREA WALGREENS STORES.KROGER CO - FIRST CONCEPT OPERATIONAL IN FLORENCE, KENTUCKY; REMAINING 12 PILOT STORES TO BE OPERATIONAL EARLY NEXT YEAR.  Full Article

Kroger Announces Cincinnati Region As Selection For America’s First Customer Fulfillment Center
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Kroger Co ::KROGER - ANNOUNCED CINCINNATI REGION AS ITS SELECTION FOR AMERICA’S FIRST CUSTOMER FULFILLMENT CENTER.KROGER - IS INVESTING $55 MILLION TO BUILD THE FIRST CFC; IS PLANNING TO OPEN 20 CFCS.  Full Article

Kroger Columbus Associates Ratify New Contract With UFCW Local 1059
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Kroger Co ::KROGER COLUMBUS ASSOCIATES RATIFY NEW CONTRACT WITH UFCW LOCAL 1059.KROGER - COLUMBUS DIVISION AGREEMENT RAISES STARTING WAGES TO AT LEAST $10 PER HOUR AND ACCELERATES WAGE PROGRESSIONS TO $11/HR AFTER 1 YEAR OF SERVICE.KROGER CO - COLUMBUS DIVISION AGREEMENT INCLUDES A PREMIUM INCREASE FOR NIGHT SHIFT WORK.KROGER CO - CONTRACT PULLED FORWARD FROM AUGUST 2020 TO INVEST IN WAGE INCREASES.KROGER CO - ACCELERATING PREVIOUSLY ANNOUNCED $500 MILLION INVEST IN ASSOCIATE WAGES, TRAINING AND DEVELOPMENT AS PART OF RESTOCK KROGER.KROGER CO - LOCAL 1059 CONTRACT COVERS OVER 13,000 ASSOCIATES WORKING AT 83 STORES IN COLUMBUS, SURROUNDING AREAS.  Full Article

Kroger Says "Shocked And Saddened" By Shooting Incident In Jeffersontown On Wednesday
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Kroger Co ::KROGER CO SAYS "SHOCKED AND SADDENED" BY SHOOTING INCIDENT IN JEFFERSONTOWN ON WEDNESDAY.KROGER, ON SHOOTING INCIDENT IN JEFFERSONTOWN, SAYS "OUR STORE IS CLOSED AND WILL REOPEN AFTER THE INVESTIGATION CONCLUDES".  Full Article

Kroger & Walgreens Join Together In Exploratory Pilot
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Walgreens Boots Alliance Inc ::KROGER & WALGREENS JOIN TOGETHER IN EXPLORATORY PILOT.WALGREENS - COMPANIES TESTING OFFERING THAT BRINGS KROGER PICKUP AND SELECTION OF KROGER-OWNED BRANDS TO WALGREENS STORES IN SELECT PILOT LOCATIONS.WALGREENS - 2 RETAIL LEADERS HAVE SELECTED 13 WALGREENS STORES IN NORTHERN KENTUCKY, NEAR KROGER'S CINCINNATI HEADQUARTERS, TO PILOT THE FORMAT.  Full Article

Kroger Sets Quarterly Dividend Of 14 Cents Per Share
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Kroger Co ::KROGER CO - DECLARED A QUARTERLY DIVIDEND OF 14¢ PER SHARE.KROGER CO - CONTINUES TO EXPECT, SUBJECT TO BOARD APPROVAL, AN INCREASING DIVIDEND OVER TIME.  Full Article

Kroger Q2 Adjusted EPS Of $0.41
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Kroger Co ::KROGER REPORTS SECOND QUARTER 2018 RESULTS.Q2 SALES $27.9 BILLION VERSUS I/B/E/S VIEW $27.95 BILLION.Q2 EPS OF $0.62.Q2 ADJUSTED EPS OF $0.41.UPDATES 2018 GAAP EPS GUIDANCE TO $3.88-$4.03.MAINTAINS ADJUSTED 2018 EPS GUIDANCE OF $2.00-$2.15.ON TRACK TO GENERATE FREE CASH FLOW AND INCREMENTAL FIFO OPERATING PROFIT COMMITTED TO IN RESTOCK KROGER FOR 2018-2020.SEES 2018 IDENTICAL SALES GROWTH, EXCLUDING FUEL, TO RANGE FROM 2.0% TO 2.5%.KROGER - CONTINUES TO EXPECT CAPITAL INVESTMENTS, EXCLUDING MERGERS, ACQUISITIONS, AND PURCHASES OF LEASED FACILITIES, TO BE ABOUT $3 BILLION IN 2018.EXPECT INVESTMENTS IN SPACE OPTIMIZATION DURING FIRST HALF OF 2018 TO BECOME A TAILWIND LATE IN Q3.FY EARNINGS PER SHARE VIEW $2.12 -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE VIEW $0.38, REVENUE VIEW $27.95 BILLION -- THOMSON REUTERS I/B/E/S.FOR REMAINDER OF 2018, EXPECTS ITS LEVERAGE RATIO TO REMAIN SLIGHTLY ABOVE TARGET RANGE.Q2 ID SALES WITHOUT FUEL 1.6%.  Full Article

Kroger Mid-Atlantic Associates In Richmond And Hampton Roads Ratify New Contract With UFCW Local 400
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Kroger Co ::KROGER MID-ATLANTIC ASSOCIATES IN RICHMOND AND HAMPTON ROADS RATIFY NEW CONTRACT WITH UFCW LOCAL 400.KROGER CO - MID-ATLANTIC DIVISION AGREEMENT RAISES STARTING WAGES TO $9.50 AN HOUR FOR PART-TIME ASSOCIATES, $10 AN HOUR FOR FULL-TIME ASSOCIATES.KROGER CO - AFTER 1-YEAR OF SERVICE, WAGES MOVE TO $10 AN HOUR FOR PART-TIME AND $11 AN HOUR FOR FULL-TIME.KROGER - KROGER MID-ATLANTIC DIVISION ANNOUNCED ASSOCIATES WORKING AT 22 KROGER STORES IN RICHMOND & HAMPTON ROADS RATIFIED NEW CONTRACT WITH UFCW LOCAL 400.KROGER CO - AGREEMENT COVERS MORE THAN 3,200 ASSOCIATES IN RICHMOND, HAMPTON ROADS, VIRGINIA BEACH AND NORFOLK AREAS.  Full Article

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Shutdown clouds outlook for consumer-driven U.S. economic growth

NEW YORK After tax cuts, rising incomes and buoyant stock markets set off a consumer boom in 2018, signs are emerging that the main engine of U.S. economic growth could sputter, and a record-long government shutdown further muddies the waters. | Video