In letter to shareholders, retailer cites ‘cautionary tale’ of terminated Albertsons-Kroger deal’s flawed divestiture ...
The recent leadership shake-ups at Kroger and Albertsons have raised questions about whether these departures are mere ...
The supermarket chain’s CEO blamed inflation and tariffs imposed by President Donald Trump for cutting 63 clerk positions.
Despite Kroger's forecast for inflation of 1.5% to 2.5% in 2025 - a projection that does not include the potential impact of tariffs - the company said it sees a path to keep prices low for consumers.
Kroger is seeking a new path forward after the company said its long-tenured chief executive officer, Rodney McMullen, ...
"Kroger's 2024 results demonstrate the resilience of our value creation model, which is generating solid results and strong ...
For the fourth quarter, Kroger's adjusted earnings of $1.14 a share beat the FactSet consensus estimate of $1.11 a share. "Kroger is operating from a position of strength, delivering fourth quarter ...
The Cincinnati company's results come just days after the abrupt resignation of long-time Chief Executive Officer and Chairman Rodney McMullen over personal conduct. They're also the first since a ...
Kroger reported 2024 sales results that were lower than Wall Street forecasts on Thursday, but the grocer predicted sales ...
McMullen, 64, earned $15.7 million in 2023. The compensation included nearly $673,000 in performance-based incentive pay, ...
The announcement Monday came the same day that Kroger’s CEO, Rodney McMullen, resigned after an investigation by the Cincinnati grocery company’s board into his “personal conduct.” That undisclosed ...
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