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Kroger Company (The) stock price
Kroger Company (The) latest news:
Popular consumer retail ETF dragged lower by Walmart's faltering stock
A downturn in shares of Walmart Inc. on Tuesday was weighing on consumer staples, and a popular exchange-traded fund that tracks the sector. The Consumer Staples Select Sector SPDR ETF was off 1.9% in early trade, with one of the biggest weights on the fund derived from the more than 9% drop in shares of Walmart Inc. . Other consumer-staples names were driven, including Kroger Co. , off 3.6% and shares of Costco Wholesale Corp. , down 1.4%. The decline in consumer staples was among the most severe among the S&P 500 index's 11 sectors during the session. Walmart's stock, on track to post its steepest daily percentage decline in about three years, also was exacting a more than 70-point toll on the Dow Jones Industrial Average . The Walmart share stumbles comes after the world's biggest retailer reported that online sales growth slowed during the fourth quarter. The online sales slippage also put its profit margin under pressure. Meanwhile, the Nasdaq Composite Index was slightly higher, up 0.1%, at 7,248, while the S&P 500 was off 0.4% at 2,722. The Dow was down 193 points, or 0.8%, at 25,023. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Kroger is getting out of the convenience store business
It’s sold its convenience store portfolio for $2B.
BRIEF-Kroger Announces Divisions For Scan, Bag, Go Expansion
* KROGER CO - WILL INTRODUCE SCAN, BAG, GO SHOPPING
18 OPERATING DIVISIONS
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BRIEF-Kroger Adds New Waste-To-Energy System At Manufacturing Plant In Greensburg
* KROGER ADDS NEW WASTE-TO-ENERGY SYSTEM AT MANUFACTURING
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Report: Kroger considers teaming up with China's Alibaba against Amazon
China eCommerce giant could enhance U.S. supermarket chain's checkout technology.
Alibaba, U.S. grocer Kroger had early business development talks: source
SAN FRANCISCO (Reuters) - Chinese e-commerce and technology company Alibaba Group Holding Ltd and U.S. grocer Kroger Co have had early discussions on working together, including a meeting in which U.S. executives traveled to China, a source familiar with the matter said.
BRIEF-Kroger Declares Quarterly Dividend of 12.5¢ Per Share
Kroger Co(KR): * KROGER BOARD OF DIRECTORS DECLARES QUARTERLY DIVIDEND. * Kroger Co(KR) - DECLARED A QUARTERLY DIVIDEND OF 12.5¢ PER SHARE TO BE PAID ON MARCH 1, 2018 Source text for Eikon: Further company coverage:
Reports: Kroger may acquire digital bulk retailer Boxed
Aldi, Costco and Target are also possible buyers, according to Forbes and Reuters.
Aldi, Kroger recall apples due to possible Listeria contamination
The apples are from Jack Brown Produce of Sparta, Mich.
To thwart Amazon, Kroger and Walmart lure shoppers with curbside pickup
As Amazon.com looks to upend the U.S. grocery market with home delivery, some veteran supermarket operators are betting on a different strategy: curbside pickup. Americans have long loved the convenience of drive-through service for burgers and coffee. The companies have invested heavily in online systems that allow customers to order ahead from their neighborhood store.
BRIEF-International Brotherhood Of Teamsters Says The Kroger Master Agreement Has Concluded
* INTERNATIONAL BROTHERHOOD OF TEAMSTERS - AFTER 7 MONTHS OF
NEGOTIATIONS THE KROGER MASTER AGREEMENT, INCLUDING 5 LOCAL
UNION SUPPLEMENTS CONCLUDED
Kroger Proves There's Life After Amazon/Whole Foods
The supermarket just bucked the conventional wisdom with its latest earnings report.
Company News For Dec 1, 2017
Shares of Kroger Co KR surged 6 1 after posting third quarter 2017 earnings 0 44 a share surpassing the Zacks Consensus Estimate of 0 40 L Brands Inc s LB shares surged 6 7 after the company reported that total sales for November increased 2 Shares of Barnes
Kroger forecasts upbeat quarter
Kroger's quarterly profit and sales rise and beat estimates, and the largest U.S. supermarket chain issues an upbeat forecast. Fred Katayama reports.
Video provided by Reuters
Kroger Investors Cleaning Up in Aisle Five
Grocery-store shareholders can break their fast. Kroger reported third-quarter sales of $27.7 billion and earnings of 44 cents a share on Thursday, while same-store nonfuel sales were up 1.1% from a year ago. Those figures topped analyst expectations and the stock rallied 6% Thursday.
Kroger stock posts biggest gain in 12 years after earnings beat
CEO says company had its best Black Friday ever, putting it on track for a strong holiday season. Shares of supermarket chain Kroger Co. (KR) jumped more than 10% Thursday, to mark its biggest percentage gain in 12 years, after better-than-expected third-quarter earnings. The company posted net income of $397 million, or 44 cents a share, in the quarter, up from $391 million, or 41 cents a share, in the year-earlier period.
Kroger says 'high' interest in convenience stores
The Cincinnati-based grocer reported a $397 million profit on sales of $27.7 billion for the fiscal quarter ended Nov. 4.
Kroger profit improves amid Amazon threat, shares pop
(Reuters) - Kroger Co issued an upbeat holiday forecast and better-than-expected quarterly results, helped by aggressive discounts that lured more shoppers to its supermarkets, and shares soared as much as 13.6 percent.
Kroger rebounds with a $397M profit
The Cincinnati-based grocery store also reported $27.7 billion in sales for the fiscal quarter ended Nov. 4.
Kroger Solid Earnings Beat a Sign of Things to Come?
UPDATE: Kroger shares jump 10% on better-than-expected earnings
Shares of supermarket chain Kroger Co. jumped more than 10% in premarket trade Thursday, after better-than-expected third-quarter earnings. The company said it had net income of $397 million, or 44 cents a share, in the quarter, up from $391 million, or 41 cents a share, in the year-earlier period. Sales rose to $27.749 billion from $26.557 billion, while same-store sales rose 1.1%. The FactSet consensus was for EPS of 40 cents, sales of $27.484 billion and same-store sales growth of 0.9%. Chief Executive Rodney McMullen said the company had its best ever Black Friday, led by record sales at Fred Meyer. The company is still expecting full-year EPS of $1.74 to $1.79 and adjusted EPS of $2.00 to $2.05. The FactSet consensus is for 2017 EPS of $1.97. Shares have fallen 29% in 2017, while the S&P 500 has gained 17%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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