Kroger ups average pay to $15.50 per hour as digital sales top $10 billion [USA TODAY]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: USA TODAY
CLOSEKroger is Cincinnati's largest employer. Here are five facts to know about the company.Cincinnati EnquirerCONNECTTWEETLINKEDINEMAILMOREKroger's total sales surged 8.4% to $132.5 billion in pandemic-ravaged 2020 – tallying extra receipts to add the equivalent of nearly two Fortune 500 companies to its total revenues.The Cincinnati-based grocer also posted a $2.6 billion profit for the year, a 5.6% increase. A key sales metric, identical sales without fuel, increased 14.1% in 2020.Kroger's growth was propelled by an epic shift of customers' food consumption habits amid the COVID-19 pandemic:nearly $1 of every $4 that Americans used to spend going out to eat has shifted away to food consumed at homeThe pandemic has also spurred consumers' embrace of ordering groceries online for either home delivery or curbside pickup.COVID vaccine incentive:Kroger will pay workers $100 to get vaccineStores close:Kroger announces store closings over hazard pay mandatesKroger digital sales top $10 bi
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News
- The 20 Best Subscription Boxes For Moms That Love A Thoughtful Gift [Forbes]Forbes
- Nourishing Tomorrow: How 'Food is Medicine' Advances Food Retailing and Positive Outcomes for Nutrition Responsive Health Conditions [Yahoo! Finance]Yahoo! Finance
- Real estate mogul Grant Cardone shares 3 money 'habits' that he says helped him achieve 'financial freedom' [Yahoo! Finance]Yahoo! Finance
- Norfolk approves big box store development at Wards Corner site where Target sought [Yahoo! Finance]Yahoo! Finance
- KR vs. WMT: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
KR
Earnings
- 3/7/24 - Beat
KR
Sec Filings
- 4/26/24 - Form 4
- 4/25/24 - Form 4
- 4/24/24 - Form 4
- KR's page on the SEC website