Kroger (KR) Launches 30-Minute Delivery with Instacart

Kroger (KR) Declares $0.21 Quarterly Dividend; 2% Yield

September 15, 2021 4:17 PM EDT

Kroger (NYSE: KR) declared a quarterly dividend of $0.21 per share, or $0.84 annualized.

The dividend will be payable on December 1, 2021, to stockholders of record on November 15, 2021, with an ex-dividend date of November 12, 2021.

The annual yield on the dividend is 2 percent.

For a... More

Kroger (KR), Instacart Aim for 30-Minute Grocery Delivery - DJ

September 14, 2021 6:10 AM EDT

Kroger (NYSE: KR), Instacart Aim for 30-Minute Grocery Delivery - DJ

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Kroger (KR) PT Raised to $50 at Scotiabank

September 13, 2021 11:24 AM EDT

Scotiabank analyst Patricia Baker raised the price target on Kroger (NYSE: KR) to $50.00 (from $45.00) while maintaining a Sector Outperform rating.... More

Kroger (KR) PT Raised to $44 at MKM Partners

September 13, 2021 7:49 AM EDT

MKM Partners analyst Bill Kirk raised the price target on Kroger (NYSE: KR) to $44.00 (from $40.00) while maintaining a Neutral rating.

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Kroger (KR) PT Raised to $43 at Deutsche Bank

September 13, 2021 6:57 AM EDT

Deutsche Bank analyst Paul Trussell raised the price target on Kroger (NYSE: KR) to $43.00 (from $42.00) while maintaining a Hold rating.... More

Kroger (KR) PT Raised to $39 at BMO Capital

September 13, 2021 6:54 AM EDT

BMO Capital analyst Kelly Bania raised the price target on Kroger (NYSE: KR) to $39.00 (from $36.00) while maintaining a Market Perform rating.

The analyst commented, "Against the backdrop of high expectations and valuation expansion for conventional grocers in recent months, KR's beat and raise was... More

Kroger (KR) PT Raised to $40 at Credit Suisse

September 13, 2021 6:02 AM EDT

Credit Suisse analyst Kaumil Gajrawala raised the price target on Kroger (NYSE: KR) to $40.00 (from $36.00) while maintaining a Neutral rating.... More

Kroger (KR) PT Raised to $38 at BofA Securities

September 13, 2021 5:12 AM EDT

BofA Securities analyst Robert Ohmes raised the price target on Kroger (NYSE: KR) to $38.00 (from $33.00) while maintaining a Underperform rating.... More

Kroger (KR) PT Raised to $37 at Barclays

September 13, 2021 4:41 AM EDT

Barclays analyst Karen Short raised the price target on Kroger (NYSE: KR) to $37.00 (from $35.00) while maintaining a Underweight rating.... More

Shipping woes, discounts bite into Kroger's margins, shares fall

September 10, 2021 8:03 AM EDT

By Praveen Paramasivam

(Reuters) -U.S. supermarket chain Kroger Co reported a fall in a main measure of profitability on Friday, blaming wastage, discounts and this year's squeeze on global supply chains.

The company's shares tumbled as much as 9.1%.

U.S. retailers have been spending more on shipping and labor this year, as pandemic-driven port congestion and a shortage of drivers increase the cost of stocking up their shelves.

"Consistent with many... More

Kroger (KR) Tops Q2 EPS by 16c, Raises Guidance

September 10, 2021 8:02 AM EDT

Kroger (NYSE: KR) reported Q2 EPS of $0.80, $0.16 better than the analyst estimate of $0.64. Revenue for the quarter came in at $31.7 billion versus the consensus estimate of $30.6 billion.

GUIDANCE:

Kroger sees FY2021 EPS of $3.25-$3.35, versus the consensus of... More