The Latest Breaking News from Kroger

LOS ANGELES — Battered by two years of pandemic stress, tens of thousands of Southern California grocery workers voted overwhelmingly to authorize a strike if supermarkets don't meet their wage demands as negotiations on a new contract resume in the coming weeks.

Kroger Co (NYSE:KR) has entered into a strategic collaboration with NVIDIA Corp (NASDAQ:NVDA) for Artificial Intelligence-enabled applications and services. The parties will build a state-of-art AI lab and demonstration center to expand Kroger's freshness initiatives and improve shipping logistics. The lab will be located in Kroger's Cincinnati-based headquarters office. It will use NVIDIA AI Enterprise software…

Joining fellow retailer Kroger on the IBD Breakout Stocks Index, Costco stock rises in down market as top funds scoop up shares.

Kroger (NYSE:KR) has outperformed the market over the past 5 years by 3.25% on an annualized basis.

Analysts raised their price target on Kroger Co (NYSE:KR) following the release of Q4 results. BMO Capital analyst Kelly Bania raised the price target to $57 from $41 and kept a Market Perform rating on the shares, implying a 2% downside. The analyst notes that the company's Q4 earnings beat was driven by strong comps,…

Within the last quarter, Kroger (NYSE:KR) has observed the following analyst ratings:

Grocery-store operator Kroger broke out on strong earnings and bullish guidance, despite inflation and labor concerns.

The Dow Jones rose despite a Fed official saying there is need for more rate hikes, Vladimir Putin insisted the Ukraine war was going well.

Kroger Co (NYSE:KR) reported fourth-quarter FY21 sales growth of 7.5% year-on-year, to $33.05 billion, beating the consensus of $32.86 billion. Identical Sales without fuel increased 4%; the two-year stack increased 14.6%. Digital sales two-year stack grew 105%. Adjusted EPS of $0.91 beat the consensus of $0.74. The gross margin was 22.2%, and the…