The Latest Breaking News from KR

Kroger Co (NYSE:KR) Board of Directors approved a dividend increase of 24% from $0.84 to $1.04 per year.  The next quarterly dividend of $0.26 per share will be paid on September 1, 2022, to shareholders of record as of the close of business on August 15, 2022. Related: Kroger Q1 Earnings Top Estimates; Raises…

The increasing concerns over a potential recession has kept equities under pressure lately. Given this backdrop, inexpensive blue-chip stocks of Enterprise Products Partners (EPD), Flowers Foods (FLO), The Kroger (KR), Altria Group (MO), and Comcast Corp. (CMCSA) could be solid additions to your portfolio. Continue reading.

Retail companies have faced multiple headwinds of late, including multi-decade high inflation and persistent supply chain disruptions. With recession fears looming, many retail companies have lowered their guidance for the current year. However, not all stocks are expected to be weighed down by the recession. Kroger (KR) has raised its…

Inflation is expected to remain high despite the rising interest rates. Amid high inflationary pressure, grocery chain companies could offer steady returns because of the inelastic demand for their products. Thus, fundamentally sound grocery chain stocks The Kroger (KR) and Sanderson Farms (SAFM) could be solid buys to protect your…

 

Kroger (NYSE:KR) is set to give its latest quarterly earnings report on Thursday, 2022-06-16. Here's what investors need to know before the announcement. Analysts estimate that Kroger will report an earnings per share (EPS) of $1.30.

Kroger (NYSE:KR) has outperformed the market over the past 10 years by 5.37% on an annualized basis producing an average annual return of 16.06%. Currently, Kroger has a market capitalization of $36.30 billion.

U.S. inflation running hotter-than-expected has led the benchmark indices to end the last week in the red. On top of it, the World Bank has warned of stagflation and slashed its global growth forecast. Amid this volatile situation, fundamentally solid stocks in the consumer defensive sector Kellogg (K), Kroger (KR),…

Kroger Co (NYSE:KR) said professional quarterback Joe Burrow will serve as a Brand Ambassador promoting Kroger Health initiatives. During the 2021 NFL season, Burrow led the Bengals to the AFC Championship and a Super Bowl appearance. Burrow's 2020 Heisman Trophy speech, in which he mentioned poverty and hunger in southeast Ohio, drove significant…

Activist investor Carl Icahn said he is backing from a proxy fight at Kroger Co (NYSE:KR) on the treatment of pregnant pigs, the Wall Street Journal reported. He took the decision after he lost a similar proxy fight with McDonald's Corp (NYSE:MCD) over animal welfare. "I congratulate the McDonald's team on their victory in this proxy engagement…

Geopolitical and macroeconomic issues have caused the stock market under pressure in the last few months. Despite possessing an inelastic demand for their products, the broad-based market correction has led to a pullback in shares of grocery stocks. With looming recession fears, it could be wise to add these grocery…