|
Price: $44.6000
$0.33 
0.745%
|
| Day's High:
| $44.76
| Week Perf:
| 1.16 %
|
| Day's Low: |
$ 43.71 |
30 Day Perf: |
-1.74 % |
| Volume (M): |
6,253 |
52 Wk High: |
$ 50.36 |
| Volume (M$): |
$ 278,866 |
52 Wk Avg: |
$46.25 |
| Open: |
$44.51 |
52 Wk Low: |
$42.10 |
|
|
| Market Capitalization (Millions $) |
32,067 |
| Shares
Outstanding (Millions) |
719 |
| Employees |
420,000 |
| Revenues (TTM) (Millions $) |
148,038 |
| Net Income (TTM) (Millions $) |
1,634 |
| Cash Flow (TTM) (Millions $) |
1,504 |
| Capital Exp. (TTM) (Millions $) |
2,771 |
The Kroger Co
The Kroger Co. was founded in 1883 and incorporated in 1902. As of January 31,
2004, the Company was one of the largest grocery retailers in the United States
based on annual sales. The Company also manufactures and processes food for sale
in its supermarkets. The Company employs approximately 290,000 full and part-time
employees. The Company's principal executive offices are located at 1014 Vine
Street, Cincinnati, Ohio 45202 and its telephone number is (513) 762-4000. The
Company maintains a web site (www.Kroger.com) which includes additional information
about the Company. The Company's revenues are earned and cash is generated as
consumer products are sold to customers in its supermarkets. The Company earns
income predominantly by selling products at price levels that produce revenues
in excess of its costs to make these products available to its customers. Such
costs include procurement and distribution costs, facility occupancy and operational
costs, and overhead expenses.
MERCHANDISING AND MANUFACTURING
Corporate brand products play an important role in the Company's merchandising
strategy. Supermarket divisions typically stock approximately 7,800 private
label items. The Company's corporate brand products are produced and sold in
three quality 'tiers.' Private Selection is the premium quality brand designed
to meet or beat the 'gourmet' or 'upscale' national or regional brands. The
'banner brand' (Kroger, Ralphs, King Soopers, etc.), which represents the majority
of the Company's private label items, is designed to be equal to or better than
the national brand and carries the 'Try It, Like It, or Get the National Brand
Free' guarantee. FMV (For Maximum Value) is the value brand, designed to deliver
good quality at a very affordable price.
Approximately 55% of the corporate brand units sold are produced in the Company's
manufacturing plants; the remaining corporate brand items are produced to the
Company's strict specifications by outside manufacturers. The Company performs
a 'make or buy' analysis on corporate brand products and decisions are based
upon a comparison of market-based transfer prices versus open market purchases.
These plants consisted of 18 dairies, 11 deli or bakery plants, five grocery
product plants, three beverage plants, three meat plants and two cheese plants.
SEGMENTS
The Company operates retail food and drug stores, multi-department stores,
jewelry stores, and convenience stores in the Midwest, South and West. The Company's
retail operations, which represent approximately 99% of consolidated sales,
are its only reportable segment. All of the Company's operations are domestic.
Kroger has a high-quality asset base that holds the #1 or #2 market share in
43 of our 52 major markets with leading market share in many of the nation's
largest and fastest-growing markets. We define a major market as one in which
we operate nine or more stores.
Company Address: 1014 Vine Street Cincinnati 45202 OH
Company Phone Number: 762-4000 Stock Exchange / Ticker: NYSE KR
| KR is expected to report next financial results on December 08, 2023. |
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Customers Net Income fell by |
KR's Customers Net Profit Margin fell to |
-45.11 % |
3.15 %
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| Stock Performances by Major Competitors |
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Ingles Markets Incorporated
Ingles Markets Incorporated (IMKTA) recently released its financial results for the three and twelve months ending September 30, 2023. Despite facing challenges, the company remains optimistic and grateful for the hard work and commitment of its associates.
During the fiscal fourth quarter of 2023, Ingles Markets Incorporated experienced a revenue improvement of 1.207%. However, this could not prevent a contraction in income of -18.05% compared to the corresponding reporting season a year prior. The company reported net sales of $1.58 billion and earnings per share of $2.78.
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Weis Markets Inc
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As a market analyst, I closely monitor the financial performance of various companies, and one that has recently caught my attention is Weis Markets Inc. The company's remarkable revenue growth in the third quarter of 2023 stands out, indicating its strong potential for future success.
With a staggering 607.436% year-on-year increase in revenue to $2.03 billion, Weis Markets Inc has demonstrated its ability to outshine its competitors in the Grocery Stores industry. This impressive feat is particularly significant when compared to the industry's modest 0.38% revenue growth during the same period.
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Spartannash Company
Spartannash Company Shows Resilience Despite Declining Revenue
Investors in Spartannash Company have seen a mixed bag of results in the third quarter of 2023. While the company experienced a decline in revenue, it managed to raise its earnings per share and profitability, providing some optimism for the future.
According to the financial report, profitability for Spartannash Company increased by an impressive 23.08% to $0.32 per share compared to the same period last year. However, revenue took a hit, sinking by 1.423% to $2.26 billion year on year. These figures represent a decline from the preceding reporting period, where profit dropped to $0.56 per share and revenue decreased by 2.112% to $2.31 billion.
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Performance Food Group Company
Performance Food Group Company (PFG) has kicked off the first quarter of the 2023 earnings season with an impressive performance, boasting double-digit bottom-line growth and a moderate increase in revenue. These results mark a significant improvement compared to the previous quarter's figures, where revenue saw only a slight uptick and profits took a hit.
In the first quarter, PFG's bottom-line surged by an impressive 24.19%, reaching $0.77 per share. This growth is undoubtedly commendable, reflecting the company's strong focus on profitability and efficient management of its operations. Meanwhile, revenue inched up by 1.487%, reaching $14.94 billion compared to the same period last year. While this may seem like a modest increase, it demonstrates PFG's ability to generate stable and consistent revenue streams.
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Amcon Distributing Co
Amcon Distributing Co, a leading company in the grocery stores sector, recently announced its financial results for the fiscal quarter ending September 30, 2023. Despite a decrease in earnings per share (EPS) compared to the previous fiscal period, the company experienced a significant revenue increase of 7.219% during the same period.
In the July to September 30, 2023 fiscal span, Amcon Distributing Co reported an EPS of $4.78 and revenue of $696.49 million. This marks a decline in EPS from $7.91 per share earned in the same period a year ago. However, the company's revenue growth of 7.219% outperformed the average revenue elevation of 0.10% experienced by its contemporaries in the grocery stores sector.
|
| Per Share |
Current |
| Earnings (TTM) |
2.25 $ |
| Revenues (TTM) |
205.89 $
|
| Cash Flow (TTM) |
2.09 $ |
| Cash |
3.37 $
|
| Book Value |
14.75 $
|
| Dividend (TTM) |
1.04 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
2.25 $
|
| Revenues (TTM) |
205.89 $ |
| Cash Flow (TTM) |
2.09 $ |
| Cash |
3.37 $
|
| Book Value |
14.75 $ |
| Dividend (TTM) |
1.04 $ |
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| |
| Supermarket |
|
Segment |
|
 |
of total Revenue |
| Fuel Sales |
|
Segment |
|
|
of total Revenue |
| Other sales |
|
Segment |
|
|
of total Revenue |
| |
|
|
2.93%