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Kroger Results Mostly Weaker Than Estimates
Kroger Results Mostly Weaker Than Estimates as Albertsons Deal Remains Uncertain
Kroger shares slipped Thursday after the grocery giant reported third-quarter results mostly below analysts' estimates.
Kroger might give merger ambitions a rest if Albertsons deal fails
Removing fuel from the equation, Kroger enjoyed identical sales growth of 2.3%, the retailer reported. Poor performance from the grocery giant’s gas stations was offset by strong pharmacy and digital sales, Chief Financial Officer Todd Foley said in the earnings call.
Kroger CEO on the Albertsons merger, customers capacity to spend
Rodney McMullen, Kroger chairman and CEO, joins 'Money Movers' to discuss McMullen's thoughts on the proposed merger with Albertsons, if there are any regrets about the pursuit of acquisition, and much more.
8h
Kroger CEO McMullen gives Albertsons acquisition update, explains future plans
Kroger also posted 3Q earnings Thursday that matched estimates. CEO Rodney McMullen talked at length about several key growth ...
15h
Kroger is prepared to go it alone if Albertsons deal falls through, chief executive says
We’ve always made sure that we don’t need to do mergers to make our business successful,” President and CEO Rodney McMullen ...
Produce Blue Book
2h
Kroger Q3: Albertsons merger update, narrows guidance range
Kroger CEO Rodney McMullen says the company is prepared to move forward regardless of the outcome of its disputed merger with Albertsons.
grocerydive
2d
Kroger prepares to close out a bumpy 2024
The grocer is finishing the year mired in uncertainty as its merger with Albertsons remains in question and it deals with ...
12h
on MSN
Kroger Trims Profit, Sales Outlook Amid Uncertain Economy
Kroger Co. narrowed its annual outlook and reiterated confidence in its acquisition of rival Albertsons Cos. being approved ...
1d
Kroger, Albertsons sued by union worker in Colorado class-action case
The lawsuit is in addition to three pending cases seeking to halt Kroger's planned $24.6 billion acquisition of Albertsons.
13h
Kroger 3Q Profit Hit By Merger Costs, Opioid Litigation
Kroger said its third-quarter profit was hit by costs from its proposed tie-up with Albertsons and settlements related to the opioid crisis.
3d
on MSN
"Corporate abuse": Kroger and Albertsons are in hot water over alleged strike sabotage
These companies rigged the system against us, undermining our right to fight for better pay and fair treatment" ...
9d
on MSN
“No-poach” deal by Kroger, Albertsons undercut union in 2022 grocery strike, lawsuit says
Grocery chain rivals King Soopers and Albertsons cut a no-compete agreement in a 2022 Colorado strike that hurt the union’s ...
13h
Warren Buffett's Portfolio Stock Kroger Pauses Buybacks For Albertsons Merger, Narrows FY24 Outlook
Kroger Company (NYSE:KR) shares are trading lower in the premarket session on Thursday. The company reported third-quarter ...
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