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0.000426803243704668 0.00056907099160609 -0.00113529662825446 -0.000853606487409337 0.000995874235310758 0.00256081946222781 -0.00270308721012943 -0.00270308721012943
Stock impact report

The man who fixed Walmart's grocery was just appointed CEO of Kroger's [Fortune]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
Company Research Source: Fortune
U.S. and Air New Zealand CEO Greg Foran to be its new chief executive, filling a corner office that has sat empty for almost a year. Foran is the executive whose hands-on style and high standards revitalized Walmart's mammoth grocery business last decade. Wall Street clearly loved the appointment: Kroger shares shot up as much as 8% on the news. Kroger was ranked No. 27 on the 2025 Fortune 500 list on the strength of $147 billion in revenue. But the company has been a hot mess lately. Almost a year ago, ex-CEO Rodney McMullen resigned abruptly because of an undisclosed ethics violation related to his personal conduct. A number of other Kroger top executives have since left the company too, creating a leadership vacuum in an already dicey time: Kroger is trying to figure out how to attract cash-strapped consumers battered by inflation. Compounding Kroger's problems was the blocking in 2024 of a $24.6 billion merger with Albertsons , which it was banking on to expand its footprint in Show less Read more
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