KR
$55.91
Kroger
($.24)
(.43%)
KR
Earnings Whisper ®
N/A
1st Quarter April 2024
Consensus:  $1.33
Revenue:  $44.97 Bil
Thursday
Jun 6
8:00 AM ET
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Grade
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Stock chart of KR
Analysts
Summary of analysts' recommendations for KR
Score
Grade
Pivots
Resistance
$57.24
$56.84
$56.38

$55.98

Support
$55.52
$55.12
$54.66
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Growth
Description
The Kroger Co. is one of the world's largest food retailers. The Kroger Co. formats include supermarkets, price-impact warehouse stores, and multi-department stores, which are similar to supercenters, but offer an expanded variety of national brand appeal and general merchandise. Kroger also operates convenience stores, C-stores provide valuable synergies for the rapid expansion of supermarket fuel centers. Kroger fine jewelry stores under names like Fred Meyer Jewelers and Littman Jewelers. This is a high-margin business with good cash flow. Kroger is the only major U.S. supermarket company to operate an economical three-tier distribution system. Kroger also operates food production or manufacturing facilities producing high quality private-label products that provide value for customers and enhanced margins for Kroger. Kroger operates supermarket fuel centers, which are a natural addition to one-stop-shopping strategy.