Kroger (KR) PT Raised to $54 at Jefferies, 'Traffic Momentum Drives IDs, but Sustainability the Question'
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Kroger Reports Second Quarter 2024 Results and Updates Full-Year Identical Sales Without Fuel Guidance
September 12, 2024 8:00 AM EDTSecond Quarter Highlights
Identical Sales without fuel increased 1.2%Operating Profit of $815 million; EPS of $0.64Adjusted FIFO Operating Profit of $984 million and Adjusted EPS of $0.93Achieved strong Adjusted Free Cash FlowExecuted its go-to-market strategy to deliver value for customers Grew digital sales 11%Increased total households, customer visits and loyal householdsCINCINNATI, Sept.... More
Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes
September 11, 2024 6:55 PM EDTCINCINNATI, Sept. 11, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE:... More
