The Latest Breaking News from KR

U.S. stocks traded mixed this morning, with the Dow Jones index falling around 50 points on Thursday.

Kroger pauses share buybacks for the Albertsons merger, misses Q3 sales estimates, and narrows its FY24 EPS guidance.

U.S. stocks could open on a weak note on Thursday after the averages closed at a record high on Wednesday. Futures of all three major indices were marginally down on Thursday, pointing to cautious sentiment on Wall Street.

December S&P 500 E-Mini futures (ESZ24) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.13% this morning, taking a breather after yesterday’s rally, while investors turned their attention to U.S. jobless claims numbers due later today and key non-farm payrolls data scheduled for Friday.

Although Kroger has slightly lagged behind the S&P 500 Index over the past year, Wall Street analysts remain moderately bullish on the stock’s prospects.

Low P/E S&P stocks stand out as undervalued picks in a volatile market, offering income and potential growth. Amid this backdrop, investors looking for low P/E stocks might consider Merck & Co. (MRK), Verizon Communications (VZ), and The Kroger Co. (KR), as they are well-positioned to deliver steady returns. Read…

Kroger is expected to release its third-quarter results in December, and analysts expect a single-digit earnings growth.

Consumer staples offer stability during economic downturns as demand for essential goods remains steady, regardless of economic conditions. These stocks are less volatile, making them a defensive investment. Therefore, investors could consider investing in fundamentally solid consumer staples stocks Target (TGT), Kroger (KR), and Tyson Foods (TSN), which are trading…

The retail industry’s growth appears robust, fueled by resilient retail sales, changing consumer behavior, and rapid adoption of technologies. Therefore, fundamentally solid retail stocks Casey's General Stores (CASY), The Kroger (KR), and Walmart (WMT) could be ideal buys for this holiday season. Keep reading.

Kroger’s (KR) $25 billion merger with Albertsons (ACI) is in limbo as federal regulators and states push to block the deal over concerns of higher prices and reduced competition. As the legal battle heats up, the company is fighting to prove the merger’s benefits for shoppers. In this article, we’ll…

Thanks to resilience in consumer spending and the rapid evolution of technology, the retail sector is rising. Hence, it could be an opportune time to invest in high-quality discounted retail stocks such as Target Corp. (TGT), Kroger (KR), and Albertsons Companies (ACI). Read on….