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Kroger Co. - KR STOCK NEWS

Welcome to our dedicated news page for Kroger Co. (Ticker: KR), a resource for investors and traders seeking the latest updates and insights on Kroger Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kroger Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kroger Co.'s position in the market.

Rhea-AI Summary
The Kroger Co. announced the reformulation of beloved deli and bakery items, such as Home Chef fried chicken and Private Selection cinnamon rolls and crumb cake. The reformulated products now boast improved flavor profiles, freshness, and packaging, aiming to enhance customer favorites. The company expressed a commitment to constantly improving its deli and bakery products to ensure they are of the highest quality. Additionally, customers can look forward to new items like the Private Selection French Baguette and upcoming reformulated Private Selection Croissants. Kroger also introduced Boost by Kroger Plus, a delivery membership that offers savings on fuel and grocery delivery, with a free 30-day trial and monthly subscription options. Eligible cardmembers of the Kroger Family of Companies Rewards World Elite Mastercard can redeem a free one-year, next-day Boost membership or receive a free one-year extension of their current membership.
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The Kroger Co. (NYSE: KR) declared a quarterly dividend of 29 cents per share, with a 13.7% compounded annual growth rate since 2006. They aim to increase dividends over time while investing in the business and maintaining an investment grade debt rating.
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Kroger's Chief Information Officer, Yael Cosset, discusses the company's digital transformation at the National Retail Federation Big Show 2024. He emphasized the focus on enhancing customer and associate experiences, investing in digital innovations, and leveraging artificial intelligence to benefit customers and associates.
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Kroger, Albertsons, and C&S Wholesale Grocers provide an update on their proposed merger and divestiture plan, extending the anticipated closure timeline to the first half of Kroger's fiscal 2024. The merger aims to lower prices, invest in customer experience, and provide more fresh, affordable food to communities. The companies are committed to protecting union jobs, raising wages, and investing in employee benefits. The merger also promises to create more opportunities to invest in communities and donate 10 billion meals to families across the country by 2030.
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Kroger Health, a division of The Kroger Co., has announced that it will continue to be part of Centene Corporation's pharmacy network, providing access to approximately 700,000 Centene members in 2024. While not in Express Scripts' pharmacy network, Kroger will remain in the pharmacy network for all Centene lines of business, including Medicaid, Medicare, and the health insurance marketplace.
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Kroger Co. (NYSE: KR) Announces Formation of MPearlRock to Introduce Emerging CPG Brands to New Customers
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Kroger Co. (KR) offers mega savings on fresh, natural, and organic products, along with health and nutrition support. Through February 3, customers can enjoy discounts on thousands of products, hot weekly digital deals, and exclusive Kroger Pickup and Delivery offers, including Simple Truth® products. The company aims to make 2024 the best year ever for customers by providing affordable, nutritious options to embrace the new year.
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Home Chef (HMC) partners with Delish, bringing Delish's popular recipes directly to doorsteps for the first time. The collaboration combines Delish's recipes with Home Chef's fresh ingredients and easy-to-follow instructions, offering a menu of achievable recipes for home cooks. This marks the first time a meal kit company has partnered with a food media platform to bring recipes to life nationwide.
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Smithfield Foods (SMFD) distributed 1,000 spiral sliced hams to families and individuals in the Hampton Roads, Virginia, area to help fight hunger during the holiday season. The company held a food distribution event in Smithfield, Virginia, with more than 50 volunteers distributing hams and holiday sides to neighbors facing hunger. Kroger joined the initiative, providing grocery bags with holiday sides. Smithfield's CEO expressed gratitude for the opportunity to share with neighbors in need, reflecting the company's commitment to fighting hunger. The company's hunger relief program, Helping Hungry Homes®, has provided hundreds of millions of servings of protein across the U.S. and internationally, with a pledge to donate 200 million servings of protein by 2025.
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Kroger Co. (NYSE: KR) is offering increased savings, affordable meal planning ingredients, and a holiday gift guide to customers for the holiday season. The company is providing various offers and discounts, including a 5x digital event, 4x Fuel Points, discounts on sushi party platters, bonus fuel points on lottery scratch tickets purchase, buy 5 save $5 offers, discounts on household products, and up to 40% off on select holiday decorations.
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Kroger Co.

NYSE:KR

KR Rankings

KR Stock Data

39.84B
740.96M
7.65%
76.48%
2.16%
Supermarkets and Other Grocery (except Convenience) Stores
Retail Trade
Link
US
Cincinnati

About KR

kroger, one of the world’s largest retailers, employs more than 339,000 associates who serve customers in 2,425 supermarkets and multi-department stores in 31 states under two dozen local banner names including kroger, city market, dillons, jay c, food 4 less, fred meyer, fry's, king soopers, qfc, ralphs and smith's. the company also operates 789 convenience stores, 337 fine jewelry stores, 1,109 supermarket fuel centers and 38 food processing plants in the u.s. kroger also operates over 80 “the little clinic” retail healthcare sites inside select kroger, king sooper and fry’s stores. recognized by forbes as the most generous company in america, kroger supports hunger relief, breast cancer awareness, the military and their families, and more than 30,000 schools and grassroots organizations in the communities it serves. kroger contributes food and funds equal to 160 million meals a year through more than 80 feeding america food bank partners. for more information please visit kroger.c