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Kroger Co Add to portfolio

INX:KR, Jul 16, 09:41 UTC

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Tuesday, July 10


News

Kroger is warning customers that a $250 coupon making the rounds on social media is fake (KR)

KR

Kroger confirmed on Monday that a $250 coupon making the rounds on social media is a scam. "This giveaway is not affiliated with or supported by the Kroger Company. Bad news for Kroger shoppers: it turns out that the $250 coupon you may have seen making the rounds on social media is actually a fake.

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News

Scam alert: Kroger is warning customers about fake coupons

KR DTRUMP

Scam alert: Kroger is warning customers about fake coupons Updated: Jul 10, 2018 - 10:02 AM. If you shop at Kroger, the supermarket chain has a warning about coupons you may have seen on social media lately. In a message posted on Kroger’s official Facebook page, the retailer said there’s a bogus $250 Kroger shopping coupon that a lot of people have been sharing. Kroger says the coupon is 100% fake and recommends that you stay away from it! “Attention Kroger Customers: There is currently an unauthorized “$250 Kroger Shopping Coupon” circulating across social media.

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Monday, July 09


News

Kroger warns of $250 coupon circulating on social media - WISH

KR

Surveillance photos capture naked prowler at multiple Bay Area homes. MONSOON WATCH: Heavy rain, dust storm moving into parts of the Valley. Kroger is warning customers about an unauthorized $250 coupon circulating on social media. Kroger says the "$250 Kroger Shopping Coupon" is not affiliated or supported by the Kroger Company.

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Thursday, June 28


News

Kroger will road test Nuro's driverless delivery vans in autumn

KR

CINCINNATI (Reuters) - Kroger Co and Silicon Valley startup Nuro will begin this autumn what they call the first real-world road test of an unmanned delivery vehicle, as the largest U.S. supermarket operator battles Amazon and others for U.S. dominance in fresh grocery delivery. The test of Nuro's "R1" van, which is shaped like a rounded, silver lunch box, comes as Kroger and other store-based food retailers are racing to catch up with or gain an advantage over online retailer Amazon.com Inc, which sent grocery sellers scrambling to add home delivery after its $13.7 billion acquisition of Whole Foods Market last year. Kroger is experimenting with ways to lower the cost of grocery delivery by automating different labor- and cost-intensive aspects of the service, from picking and packing orders to dropping them at homes. Kroger Chief Executive Officer Rodney McMullen told Reuters that the non-exclusive partnership with Nuro, announced ahead of the company's annual shareholder meeting on Thursday, will help shape the grocer's strategy for giving shoppers at its 2,800 stores in 35 states "anything, anytime and anywhere."

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Monday, June 25


News

Kroger's Stock Met Its Value Potential; Pivotal Downgrades To Hold (NYSE:KR)

KR

Kroger's Stock Met Its Value Potential; Pivotal Downgrades To Hold. Kroger Co (NYSE: KR) spiked last week on a significant earnings beat and drove the stock just shy of one analyst’s optimal valuation. Pivotal Research Group analyst Ajay Jain downgraded Kroger to Hold, but raised his price target from $30 to $31. “[T]he stars seem to be aligning for Kroger: i) from an execution standpoint and the impact of Kroger’s Re-Stock initiative; ii) favorable earnings impact from the c-store sale proceeds; iii) recent transactions with Ocado and Home Chef to improve Kroger’s omni-channel capabilities,” Jain wrote in a Monday note.

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Friday, June 22


News

Buy Kroger Stock While This Epic Rally Still Has Legs

KR

The bad guide short-circuited what was a multi-month rally in Kroger stock from $20 to $30. Those are the three big check boxes when it comes to Kroger stock. As such, I think the strong first quarter report paves the way for Kroger stock to break above $30. Comparable sales rose 1.4%. While that is a slowdown from last quarter’s 1.5% rate, this quarter’s 1.4% comp lapped a 1.6% comp in the year ago quarter, versus last quarter’s 1.5% comp lapping a 0.6% comp in the year ago quarter. Operating margins dipped big in 2017, but are already bouncing back, and should have clear runway to 2016 highs of 3% over the next several years. Assuming that comparable sales growth stabilizes around 0-1% per year and that margins bounce back to 3%, I think that Kroger can net around $3.20 in earnings per share in fivr years.

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Thursday, June 21


News

Kroger Company (The) (KR) Moves Higher on Volume Spike for June 21

KR

Among the biggest risers on the S&P 500 on Thursday June 21 was Kroger Company (The) ($KR), popping some 9.74% to a price of $28.73 a share with some 39.87 million shares trading hands. Starting the day trading at $28.29, Kroger Company (The) reached an intraday high of $29.50 and hit intraday lows of $27.75. You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Kroger Company (The), check out Stock Valuation Analysis tool for KR. The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting method.

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Kroger Company (KR) Q1 2018 Earnings Conference Call Transcript

KR OCDO

A detailed discussion of the many factors that we believe may have a material effect on our business on an ongoing basis is contained in our SEC filings, that Kroger assumes no obligation to update that information. Both our first quarter press release and our prepared remarks from this conference call will be available on our website at ir.kroger.com. Pat and his team at Home Chef will be able to leverage Kroger assets, both our physical stores and data, to drive their business even more. We believe that making education benefits available to more associates, and at more generous levels than ever before, is the best way to support their career in their future professional growth. As part of Restock Kroger, we fully expect these investments will have an ROI that will create shareholder value.

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Kroger profit beats as online investments pay off, shares soar

KR

(Reuters) - Kroger Co (KR.N) on Thursday raised the lower-end of its full-year earnings forecast and posted better-than-expected quarterly profit, as investments in online and delivery services paid off, sending its shares up nearly 8 percent. It has also been expanding home delivery, curbside pickup and self-checkout services under its turnaround program "Restock Kroger" to compete with Walmart Inc (WMT.N) and Amazon.com Inc (AMZN.O). First-quarter net earnings rose to $2.03 billion, or $2.37 per share, in the quarter from $303 million, or 32 cents per share, a year earlier, helped by the sale of nearly 800 of its convenience stores to EG Group for $2.15 billion. "This print was better than feared with comparable-store sales probably slightly above buy side expectations and management's tone about Restock Kroger quite positive," J.P. Morgan analysts wrote in a note.

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Kroger Reports First Quarter 2018 Results

KR OCDO

The company intends to use this calculation going forward as a more appropriate measure to track Kroger's performance as it redefines the grocery customer experience, and to be more comparable with how peers report. Kroger is creating the future of retail by innovating our core business and adding exciting partnerships like Ocado and our planned merger with Home Chef. Kroger's ability to achieve sales, earnings and cash flow goals may be affected by: labor negotiations or disputes; changes in the types and numbers of businesses that compete with Kroger; pricing and promotional activities of existing and new competitors, including non-traditional competitors, and the aggressiveness of that competition; Kroger's response to these actions; the state of the economy, including interest rates, the inflationary and deflationary trends in certain commodities, and the unemployment rate; the effect that fuel costs have on consumer spending; volatility of fuel margins; changes in government-funded benefit programs; manufacturing commodity costs; diesel fuel costs related to Kroger's logistics operations; trends in consumer spending; the extent to which Kroger's customers exercise caution in their purchasing in response to economic conditions; the uncertain pace of economic growth; changes in inflation or deflation in product and operating costs; stock repurchases; Kroger's ability to retain pharmacy sales from third party payors; consolidation in the healthcare industry, including pharmacy benefit managers; Kroger's ability to negotiate modifications to multi-employer pension plans; natural disasters or adverse weather conditions; the potential costs and risks associated with potential cyber-attacks or data security breaches; the success of Kroger's future growth plans; the ability to execute on Restock Kroger; and the successful integration of merged companies and new partnerships. In the first quarter of 2018, the Company adopted ASU 2017-07, "Compensation – Retirement Benefits (Topic 715 ): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." and restated prior periods for the adoption.

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