Kroger discloses $350M Ocado payment tied to center closures
The Kroger Co. filed an amended current report to update its earlier disclosure about closing certain fulfillment centers in the United States.
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Rhea-AI Filing Summary
The Kroger Co. filed an amended current report to update its earlier disclosure about closing certain fulfillment centers in the United States. The company now estimates that the impairment and related charges from these closures include a cash payment to Ocado of approximately $350 million. This amount represents a significant one-time cash charge associated with shutting down these facilities and adjusting the related fulfillment arrangements.
Insights
Kroger adds about $350M cash cost to closing certain U.S. fulfillment centers.
The Kroger Co. updated its earlier disclosure on closing certain U.S. fulfillment centers by quantifying the cash component of the related charges. The company determined that the impairment and related charges include a cash payment to Ocado of approximately $350 million, directly tied to these closures.
This is described as part of impairment and related charges, indicating a one-time cash outflow rather than an ongoing operating cost. The update clarifies the magnitude of the cash impact of unwinding or modifying fulfillment arrangements associated with Ocado.
Investors can now more clearly factor this approximate $350 million payment into their assessment of Kroger’s cash usage and non-recurring charges related to the affected fulfillment centers, alongside future financial disclosures that will show how this charge flows through results.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did The Kroger Co. (KR) disclose in this amended 8-K/A?
How much will Kroger pay Ocado in connection with the fulfillment center closures?
What event triggered the approximately $350 million cash payment by Kroger?
Is the $350 million Ocado payment an ongoing expense for Kroger?
Why did Kroger amend its earlier filing from November 18, 2025?
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report :
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The
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Explanatory Note
This Amendment to the Current Report on Form 8-K of The Kroger Co. (the “Company”) filed on November 18, 2025 is being filed solely to update the disclosure under Item 2.06 to report the estimated amount of the cash charge related to the closure of certain fulfillment centers in the United States.
| Item 2.06 | Material Impairments. |
On December 4, 2025, the Company determined the impairment and related charges as a result of the closure of certain fulfillment centers in the United States includes a cash payment to Ocado of approximately $350 million.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| The Kroger Co. | ||
| December 5, 2025 | By: | /s/ George H. Vincent |
| George H. Vincent | ||
| Executive Vice President, General Counsel and Secretary | ||
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