Kroger: Refocus On Store Growth Supports Positive Growth Outlook [Seeking Alpha]
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: Seeking Alpha
The company has a strong track record of maintaining margins and profitability within a tight range. Kroger's focus on expanding the number of stores will support its growth in line with the US GDP growth rate. Summary This post is to provide my thoughts on Kroger's ( NYSE: KR ) business and stock. I am bullish on KR as the business has seen very strong, solid trends in the recent quarter, with positive momentum heading into 1Q24. With the refocus on expanding the number of stores, KR should be able to easily grow in line with the US GDP growth rate. Business KR is the largest supermarket operator in the US, operating mainly under the “Kroger” brand. The business has a revenue size of more than $150 billion as of FY23 (fiscal year ends in end-January) and has exhibited GDP-like growth over the past two decades on average. In terms of profitability, KR has demonstrated a strong track record of maintaining margins within a tight range, where gross margin bounced around low 20
Show less
Read more
Impact Snapshot
Event Time:
KR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KR alerts
High impacting Kroger Company (The) news events
Weekly update
A roundup of the hottest topics
KR
News
- Celebrate Derby Day Traditions with Kroger [Yahoo! Finance]Yahoo! Finance
- Celebrate Derby Day Traditions with KrogerPR Newswire
- The Clever Reason Trader Joe's Offers Fewer Items Than Most Grocery Stores [Yahoo! Finance]Yahoo! Finance
- This self-made millionaire breaks down how you can hit the seven-figure mark in 2024 [Yahoo! Finance]Yahoo! Finance
- The 20 Best Subscription Boxes For Moms That Love A Thoughtful Gift [Forbes]Forbes
KR
Earnings
- 3/7/24 - Beat
KR
Sec Filings
- 4/29/24 - Form 4
- 4/26/24 - Form 4
- 4/25/24 - Form 4
- KR's page on the SEC website