When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Kroger (KR) .Kroger currently has an average brokerage recommendation (ABR) of 1.71, on a scale ...

Customers invited to join in and round up purchases; debuts commercial raising awareness around food insecurity CINCINNATI, Sept. 17, 2024 /PRNewswire/ -- The Kroger Co.'s (NYSE: KR) Zero Hunger | Zero Waste Foundation today announced its annual Hunger Action Month campaign, directing all funds raised in Kroger Family of Stores during the month of September to the Feeding America network of food banks in our communities. Customers can round up their purchase to the nearest dollar in their neighborhood store ...

Cakes designed by associates during Enterprise-wide decorating contestCINCINNATI, Sept. 16, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared new cakes, inspired by Disney and Pixar's Cars and Toy Story, are now available in Kroger's Family of Stores across the country. These cakes were designed by associates during the 2024 Cake Challenge.New cakes inspired by Disney and Pixar’s Cars and Toy Story are now available at Kroger’s Family of Stores across the country.In January, Kroger invited the top ...

Kroger's NYSE: KR stock price has struggled since early 2022 when the pandemic-driven bubble burst. There are still hurdles, including the stalled merger with Albertsons Companies NYSE: ACI, but they are diminishing, and investors are faced with a win-win situation regardless of them. The company has been building capital and improving its balance sheet for nearly two years, setting it up for a smooth closing and accelerated growth when the Albertsons deal is closed or accelerating capital returns if blocke ...

Retailer recognized for earning the confidence of consumers, investors and associatesCINCINNATI, Sept. 13, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), today announced it has been recognized by Newsweek as one of "World's Most Trustworthy Companies" for 2024. Newsweek recognizes the top 1,000 most trustworthy companies across the globe, spanning 23 industries and 20 countries."Our Fresh for Everyone promise reflects Kroger's commitment that customers can trust the quality, value and freshness of every it ...

The Kroger Co. (NYSE:KR) Q2 2024 Earnings Conference Call September 12, 2024 10:00 AM ET Company Participants Rob Quast - Senior Director of IR Rodney McMullen - Chairman and CEO Todd Foley - Interim CFO Conference Call Participants Edward Kelly - Wells Fargo Securities Kelly Bania - BMO Capital Markets Anders Myhre - Guggenheim Partners Leah Jordan - Goldman Sachs Simeon Gutman - Morgan Stanley Michael Montani - Evercore ISI Kenneth Goldman - JPMorgan Rupesh Parikh - Oppenheimer Mark Carden - UBS Robert Oh ...

财务数据和关键指标变化 - 第二季度相同店销售增长1.2% [19] - 数字销售增长11%,其中送货上门销售增长17%,自提销售增长10% [20][21] - FIFO毛利率较去年同期上升42个基点,达到22.6% [23] - 销售、一般及管理费率较去年同期上升65个基点 [24] - 调整后每股收益为0.93美元,较去年同期下降3% [24] 各条业务线数据和关键指标变化 - 生鲜业务表现优于中心店业务 [62] - 自有品牌销售增长超过国品牌 [11] - 健康和保健业务销售超出内部预期,但利润率受到GLP-1药品销售占比上升的影响 [17] 各个市场数据和关键指标变化 - 主流家庭是销售增长的主要驱动力,通过更多家庭和访问次数带动 [9] - 预算有限的客户在月初大量采购必需品,月末消费谨慎 [8] - 餐饮价格通胀高于食品价格通胀,导致客户从餐厅转向在家烹饪 [67] 公司战略和发展方向及行业竞争 - 公司持续投资提升客户体验,包括提高工资、改善工作环境等 [18] - 公司正在扩大自有品牌产品线,提供优质低价替代品 [11][12] - 公司正在加强数字化和个性化营销,提升客户忠诚度 [13][14] - 公司正在整合Albertsons,预计能为客户、员工和社区带来显著利益 [33][34] - 公司面临来自亚马逊、Costco等非传统竞争对手的压力,需要不断调整基本业务模式 [86][87] 管理层对经营环境和未来前景的评论 - 通胀预计将维持在1%左右的水平,公司有信心应对 [25][67] - 公司有信心通过提升自有品牌、成本节约等措施来平衡价格投资 [38][83] - 公司对下半年销售前景持谨慎乐观态度,预计客户将继续优先购买食品和必需品 [31][32] 其他重要信息 - 公司提高了第二季度股息,这是连续第18年增加股息 [30] - 公司提高了全年资本支出指引,预计将加快新店和改造项目的开设 [29][70] - 公司在第二季度与多个工会达成新的劳资协议 [26][27] 问答环节重要的提问和回答 问题1 **关于竞争环境和价格促销策略** 提问内容:行业价格促销是否加剧,公司如何应对? [37] 回答内容:价格促销基本恢复正常水平,公司通过提高促销效率和供应商支持来平衡价格投资 [38] 问题2 **关于数字业务的毛利率影响** 提问内容:数字业务对毛利率的影响如何? [40] 回答内容:数字业务毛利率的改善是通过自有品牌销售增长、减少损耗等因素带动的,未来两三年内有望实现显著进步 [41][43] 问题3 **关于客户购买行为变化的影响** 提问内容:中高收入客户的购买行为变化对公司有何影响? [74] 回答内容:中高收入客户更多选择在家烹饪而非就餐,这对公司是有利的,公司将根据客户变化调整促销策略 [75][76][77]

| --- | --- | --- | |-----------------------------------------------------|-------|-------| | | | | | | | | | | | | | Kroger Q2 2024 Earnings Release September 12, 2024 | | | | | | | Safe Harbor This presentation includes certain statements that constitute "forward-looking statements" about Kroger's financial position and expected performance, including our proposed transaction with Albertsons Companies. These statements are based on management's assumptions and beliefs in light of currently available infor ...

The Kroger Co. (KR) reported second-quarter fiscal 2024 results, with sales falling short of the Zacks Consensus Estimate and earnings beating the same. Although revenues grew year over year, earnings declined compared to the same period last year. Decent sales performance in the first two quarters gave management confidence to lift the lower end of the full-year identical sales without fuel view by 50 basis points.Kroger's well-defined customer segmentation strategy, emphasis on value and focus on its 'Our ...

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 50 points on Thursday.The Dow traded down 0.11% to 40,814.73 while the NASDAQ rose 0.33% to 17,453.69. The S&P 500 also rose, gaining, 0.13% to 5,561.28.Check This Out: Wall Street’s Most Accurate Analysts Give Their Take On 3 Materials Stocks Delivering High-Dividend YieldsLeading and Lagging SectorsCommunication services shares rose by 1.2% on Thursday.In trading on Thursday, real estate shares dipped by 0.6%.Top ...