Welcome to our dedicated page for Kroger news (Ticker: KR), a resource for investors and traders seeking the latest updates and insights on Kroger stock.
Kroger Co. (NYSE: KR) maintains its position as a leading U.S. food retailer through strategic initiatives across physical and digital markets. This news hub provides investors with essential updates on corporate developments, financial performance, and industry leadership.
Access timely press releases covering quarterly earnings, store expansions, sustainability efforts, and technological innovations. Our curated collection includes analysis of merger activity, private-label growth strategies, and competitive positioning within the grocery sector.
Key updates feature operational milestones like digital platform enhancements, pharmacy network developments, and community partnership programs. Track KR's responses to market trends, supply chain optimizations, and shareholder value initiatives through verified primary sources.
Bookmark this page for structured access to KR's official communications, enabling informed analysis of revenue drivers and long-term strategic direction. Regular updates ensure awareness of material developments affecting investment considerations.
The Teamsters Warehouse Division has held meetings regarding Kroger's proposed acquisition of Albertsons, announced in October 2022. Over 20,000 Teamsters at Kroger and Albertsons are affected by this merger. The union has expressed concerns about job security, automation, and potential divestitures needed for regulatory approval, emphasizing that collaboration with organized labor is crucial for success. Director Tom Erickson highlighted the union's commitment to ensuring that both current and future members benefit from the merger outcomes.
The 2023 Daytona 500 Champion, Ricky Stenhouse Jr, will appear at Ralphs grocery store in Fontana, California, on February 24 for a meet and greet with fans ahead of the Pala Casino 400 race. Stenhouse Jr, driving the No. 47 Ralphs/Tree Top Camaro, will sign autographs and participate in various activities. Ralphs will also offer health screenings and vaccinations during the event. The race takes place on February 26, with live coverage starting at 3:30 PM on FOX. Ralphs, a subsidiary of Kroger (NYSE:KR), emphasizes community support through its Zero Hunger | Zero Waste initiative.
The Kroger Co. (NYSE: KR) will host its fourth quarter 2022 earnings conference call on March 2, 2023, at 10:00 a.m. ET. This call will provide insights into the financial and operational results for both the fourth quarter and the full year of 2022. The event can be accessed online, and a replay will be available on the same day after 1:00 p.m. ET. Kroger's fourth quarter ended on January 28, 2023, and the company emphasizes its commitment to feeding the human spirit and building sustainable communities.
The Kroger Co. (NYSE: KR) and Procter & Gamble (NYSE: PG) have launched the 2023 Game Changers Scholarship program, offering 23 scholarships of $2,000 each to diverse female students pursuing degrees in business, sciences, or liberal arts. The initiative, now in its second year, aims to empower young women and promote gender equality in education and business. The application deadline is May 12, 2023, and selection criteria include academic performance, leadership, and community service. This program also complements the Queen City Game Changers leadership initiative and the LPGA Kroger Queen City Championship scheduled for September 4-10, 2023, in Cincinnati.
The Kroger Co. (NYSE: KR) announced its offerings for the Big Game on February 10, 2023, featuring an array of affordable appetizers averaging under $6 each. The menu includes options like tortilla chips with guacamole, veggie dips, and Pigs in a Blanket. Kroger also highlights elevated choices like Hot Italian Sliders and Barbecue Chicken Flatbread. For convenience, customers can shop in-store or through Kroger Pickup and the Boost membership service, promising savings on delivery. With a commitment to fresh and affordable food, Kroger positions itself as a go-to destination for game day spreads.
The Kroger Co. (NYSE: KR) has unveiled a romantic at-home dinner package for Valentine's Day, priced at $35. The meal includes a spicy marinara dish served over Private Selection rigatoni, complemented by a Pinetti Notte Primitivo wine and chocolate-dipped strawberries. Kroger anticipates selling over 4.4 million pounds of chocolate and nearly 23 million roses this Valentine's Day, with 8 million being red roses. The grocer aims to enhance the Valentine's experience through fresh ingredients and offers a special delivery service for floral arrangements via DoorDash.
Niman Ranch has expanded its reach by offering a variety of fresh and prepared products at all Mariano's store locations in Chicagoland. Known for its commitment to humane and sustainable farming, Niman Ranch provides antibiotic-free meats that are Certified Humane. This partnership allows Mariano's to feature over 15 Niman Ranch products including pork chops, ribs, and sausages. According to Paul Willis, Niman Ranch’s Founding Hog Farmer, this collaboration supports local farmers and meets high quality standards. Mariano's is dedicated to sustainability and local sourcing, making it an exclusive provider of Niman Ranch in the region.
Kroger (NYSE: KR) announces an expansion of its collaboration with Gotham Greens to provide greenhouse-grown produce and plant-based foods across the U.S. Currently available in over 300 stores, the partnership aims to reach nearly 1,000 stores by the end of 2023. This initiative aligns with Kroger's commitment to sustainability, aiming for zero food waste to landfill by 2025. Gotham Greens uses innovative farming methods, requiring 95% less water and 97% less land than traditional farming, to deliver quality, non-GMO, pesticide-free products year-round. This partnership enhances Kroger's fresh food offerings while supporting environmentally friendly practices.
Kroger Health has been awarded the title of Retailer of the Year by Mass Market Retailers for its innovative health initiatives. This recognition highlights the organization's commitment to linking nutrition and health through its food as medicine initiative, and enhancing fair reimbursement for community pharmacists. Kroger Health operates over 2,200 pharmacies and 226 clinics across 35 states, serving more than 17 million customers annually. The award emphasizes Kroger Health's leadership in retail healthcare, collaborative industry relationships, and effective use of technology. As a health division of Kroger (NYSE: KR), it aims to provide accessible and affordable healthcare solutions.
The Kroger Co. (NYSE: KR) has received the 2023 Campus Forward Award for its excellence in early career hiring. Recognized in the Enterprise Early Career Programs category, Kroger has established effective internship programs aimed at developing talent from diverse backgrounds. Key highlights include a commitment to innovation in recruitment, a focus on diversity and inclusion, and impactful mentorship programs. The award, given by RippleMatch, celebrates organizations making significant investments in early career hiring and community engagement. This recognition underscores Kroger's commitment to nurturing the next generation of leaders.