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The Kroger Co's ROI from its second quarter of 2024 to the second quarter of 2023 and 5 Year Period
Return on Investment, Quarterly Results, Trends, Rankings, Statistics
What is The Kroger Co's ROI in the second quarter of 2024?
The Kroger Co achieved a return on average invested assets (ROI) of 8.3 % in its second quarter of 2024, which is below The Kroger Co's average return on investment, which stands at 8.59%. Despite the deterioration in its net income, company has improved ROI compared to the first quarter of 2024.
Within the Retail sector 6 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Aug 17 2024 quarter, so far to 147, from total ROI ranking in the first quarter of 2024 at 847.
Definition and Formula of Return on Investment
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Select the Comparisons :
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Select the Ratio:
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Return on Investment ROI▼
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Return on Investment ROI▼
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| Return On Investment |
(Aug 17 2024)
II. Quarter |
(May 25 2024)
I. Quarter |
(Feb 03 2024)
IV. Quarter |
(Nov 04 2023)
III. Quarter |
(Aug 12 2023)
II. Quarter |
| Y / Y Investment Change TTM |
6.01 % |
5.89 % |
4.39 % |
2.49 % |
0.35 % |
| Y / Y Net Income Change TTM |
76.68 % |
-11.87 % |
42.07 % |
66.17 % |
123.22 % |
| Investment (TTM) in Millions |
35,305 |
35,196 |
34,433 |
34,218 |
33,643 |
| Return On Investment (TTM) |
8.3 % |
6.53 % |
6.65 % |
5.65 % |
4.98 % |
| KR's Overall
Ranking |
# 147 |
# 847 |
# 1075 |
# 1228 |
# |
| Seq. Investment Change TTM |
1.21 % |
1.59 % |
1.56 % |
1.52 % |
1.09 % |
| Seq. Net Income Change TTM |
28.71 % |
-0.27 % |
19.56 % |
15.12 % |
-35.8 % |
| Net Income (TTM) in Millions |
2,887 |
2,243 |
2,249 |
1,881 |
1,634 |
| Return
On Investment KR's Ranking |
| Within: |
No. |
| Industry |
# 2 |
| Sector |
# 7 |
| Overall |
# 147 |
| Return On Investment Statistics |
| High |
Average |
Low |
19.29 % |
8.59 % |
0.03 % |
| (Nov 05 2016) |
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(May 05, 2010) |
News about The Kroger Co ROI |
February 5, 2024
In a recent announcement, Kroger Co., one of the leading supermarket chains, shared news about the transition of its Chief Financial Officer (CFO). Gary Millerchip, the previous CFO, will be stepping down from his role to assume an executive position at another public company. Todd Foley, currently serving as the group vice president, will be taking over as the interim CFO. This change comes at a crucial time for Kroger, as they are striving to improve their financial performance and overall return on investment (ROI).
Assessing Kroger's Financial Performance:
Kroger's financial performance in the third quarter of 2023 revealed a return on average invested assets (ROI) of 5.65%. While this figure represents an improvement from the second quarter's 4.98%, it still falls short of the company's average ROI of 8.66%. It is worth noting that within the retail sector, 91 other companies outperformed Kroger in terms of ROI.
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| KR Annual Return On Investment |
(Feb 03 2024)
2024 |
(Jan 28 2023)
2022 |
(Jan 29 2022)
2021 |
(Jan 30 2021)
2020 |
(Feb 01 2020)
2019 |
| Total Investments in Millions |
34,433 |
32,357 |
32,740 |
33,270 |
31,088 |
| Y / Y Investment Growth |
6.42 % |
-1.17 % |
-1.59 % |
7.02 % |
33.41 % |
| Net Income in Millions |
2,169 |
2,249 |
1,666 |
2,588 |
1,512 |
| Y / Y Net Income Growth |
-3.56 % |
34.99 % |
-35.63 % |
71.16 % |
-50.88 % |
| Annual Return On Investment
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6.3 % |
6.95 % |
5.09 % |
7.78 % |
4.86 % |
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