KR - The Kroger Co.
Kroger's new CEO just admitted the grocery giant lost market share to Walmart and Costco, and the plan to win it back carries a hidden tension that Wall Street has not fully priced in.
Nearly a year and a half after Kroger announced sweeping reductions to its national store footprint, the grocery giant has largely made good on its promise, a Fast Company review has found.
In the closing of the recent trading day, Kroger (KR) stood at $64.13, denoting a +1.83% move from the preceding trading day.
Also, Amazon to hire 300,000 workers for the holidays.
The Kroger Co. (KR) Analyst/Investor Day Transcript
Kroger NYSE: KR outlined a new long-term strategy at its 2026 investor update, targeting higher sales and earnings growth through customer value investments, digital expansion, operational modernization and a stepped-up new-store development program.
Grocer said it plans to turn its attention to core strengths as part of a self-funded plan to simplify and modernize the business.
Kroger to focus on grocery business under new CEO as competition heats up
Targets approximately 3% comparable sales growth excluding fuel and pharmacy in 2029, 3%-6% adjusted EBITDA growth and 7%-11% adjusted net EPS growth through 2029 Reaffirms Guidance for 2026 CINCINNATI, Oct. 20, 2026 /PRNewswire/ -- The Kroger Co. (NYSE: KR) will host an Investor Update today in New York, where company leaders will outline a multi-year plan to build America's Favorite Grocer and accelerate growth. The company also reiterates its guidance for full-year 2026 provided at its second quarter earnings.
Maia Wealth LLC raised its stake in The Kroger Co. (NYSE: KR) by 36.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 40,048 shares of the company's stock after acquiring an additional 10,686 shares during the period. Maia Wealth LLC's holdings
October has already provided a scare for tech investors. Information Technology was the lone S&P 500 sector in the red month-to-date coming into Friday, the 16th. AI jitters, rising interest rates, concerning CDS spreads, and even regulatory worries cooled the once red-hot megatrend.
AI jitters and rising rates are fueling a market rotation into once beaten-down defensive and real-economy stocks. Steel Dynamics, Nucor, Kroger, and Kimberly-Clark face key earnings reports and corporate catalysts in the days ahead. Earnings commentary, AI infrastructure demand, dealmaking developments, and even midterm election outcomes could determine whether the rotation has staying power.
Birch Hill Investment Advisors LLC decreased its holdings in shares of The Kroger Co. (NYSE: KR) by 6.8% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 742,371 shares of the company's stock after selling 54,009 shares during the period. Kroger makes
Retailer expects to sell 25 million pounds of Halloween candy this season CINCINNATI, Oct. 16, 2026 /PRNewswire/ -- Halloween is one of America's most anticipated celebrations, and candy is at the center of it. This year, The Kroger Co. (NYSE: KR), America's grocer, expects to sell 25 million pounds of Halloween candy.
Kroger remains a Buy, offering a solid margin of safety as the new CEO advances a turnaround strategy focused on cost savings and price cuts. KR's Q2 performance was resilient despite outbreak-related headwinds, with 5% Adj. EPS growth and e-commerce sales are up 20%, while maintaining strong net debt levels at 1.91x EBITDA. Strategic cost reductions, including ~3,000 corporate job cuts and AI-driven efficiencies, are expected to fund price cuts and store investments, supporting long-term traffic and margin protection.
On October 14, 2026, The Kroger Co (KR) shares rose 3.9% today, bringing the stock price to $63.09. Over the past year, KR has traded within a range of $54.15 t
A sweet treat can turn a bad day around and make a good one great.
Kroger Co. plans to cut more than a third of its corporate workforce in the next three years under new CEO Greg Foran, according to an internal memo obtained by Fast Company. Foran joined the grocery giant in February to succeed interim CEO Ron Sargent.
Kroger (NYSE: KR | KR Price Prediction), the century-old grocery giant, will cut 37% of its corporate workforce as it battles the headwinds of high energy prices, rising costs of certain foods, and the success of rival Walmart (NYSE: WMT).
Kroger (KR) reached $62.56 at the closing of the latest trading day, reflecting a +1.49% change compared to its last close.