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Kroger Results Mostly Weaker Than Estimates
Judge slated to rule in antitrust case against Kroger merger with Albertsons
A state judge in Washington is slated to issue his ruling in the antitrust case against Kroger’s proposed $25 billion takeover of rival Albertsons.
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 Results Mostly Weaker Than Estimates as Albertsons Deal Remains Uncertain
Kroger (KR) shares slipped Thursday after the grocery giant reported third-quarter results mostly below analysts' estimates. The company reported $33.63 billion in revenue, below the $34.22 billion expected by analysts polled by Visible Alpha.
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.
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 told investors Thursday.
9h
Kroger CEO gives Albertsons acquisition update, explains future plans
The deal would have a huge impact on the grocery business, including in DFW, where Kroger and Albertsons are power players.
7d
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" ...
13d
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 ...
3d
Kroger-Albertsons: Antitrust lawyer has firm view on likely court outcome for acquisition
The judge's decision on the Kroger-Albertsons antitrust case in federal court could come any day now, a veteran antitrust ...
ProgressiveGrocer
12d
Class Action Filed Against Kroger, Albertsons Over No-Poach Agreements
A recently filed class action alleges that banners of Kroger and Albertsons in Colorado made no-poach agreements regarding ...
grocerydive
12d
Kroger, Albertsons gained upper hand with Colorado workers through unlawful pact, lawsuit claims
The union for the chains’ employees had a weaker hand in negotiating wages because Albertsons agreed not to poach its rival’s ...
Fresh Fruit Portal
6d
Kroger and Albertsons face lawsuit in Colorado over alleged no-poach violation
Lead plaintiff, Valarie Morgan, on behalf of herself and other workers, accuses Kroger and Albertsons of entering a deal to ...
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