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Kroger Results Mostly Weaker Than Estimates
Kroger Results Mostly Weaker Than Estimates as Albertsons Deal Remains Uncertain
Kroger shares slipped Thursday after the grocery giant reported third-quarter results mostly below analysts' estimates.
Kroger might give merger ambitions a rest if Albertsons deal fails
Removing fuel from the equation, Kroger enjoyed identical sales growth of 2.3%, the retailer reported. Poor performance from the grocery giant’s gas stations was offset by strong pharmacy and digital sales, Chief Financial Officer Todd Foley said in the earnings call.
Kroger CEO on the Albertsons merger, customers capacity to spend
Rodney McMullen, Kroger chairman and CEO, joins 'Money Movers' to discuss McMullen's thoughts on the proposed merger with Albertsons, if there are any regrets about the pursuit of acquisition, and much more.
12h
Kroger CEO McMullen gives Albertsons acquisition update, explains future plans
Kroger also posted 3Q earnings Thursday that matched estimates. CEO Rodney McMullen talked at length about several key growth ...
18h
Kroger is prepared to go it alone if Albertsons deal falls through, chief executive says
We’ve always made sure that we don’t need to do mergers to make our business successful,” President and CEO Rodney McMullen ...
grocerydive
2d
Kroger prepares to close out a bumpy 2024
The grocer is finishing the year mired in uncertainty as its merger with Albertsons remains in question and it deals with ...
16h
on MSN
Kroger Trims Profit, Sales Outlook Amid Uncertain Economy
Kroger Co. narrowed its annual outlook and reiterated confidence in its acquisition of rival Albertsons Cos. being approved ...
1d
Kroger, Albertsons sued by union worker in Colorado class-action case
The lawsuit is in addition to three pending cases seeking to halt Kroger's planned $24.6 billion acquisition of Albertsons.
3d
on MSN
"Corporate abuse": Kroger and Albertsons are in hot water over alleged strike sabotage
These companies rigged the system against us, undermining our right to fight for better pay and fair treatment" ...
16h
Kroger 3Q Profit Hit By Merger Costs, Opioid Litigation
Kroger said its third-quarter profit was hit by costs from its proposed tie-up with Albertsons and settlements related to the opioid crisis.
Business Insider
23h
Kroger CEO: Q3 led by pharmacy and digital performance
We are committed to closing this merger because bringing
Kroger
and
Albertsons
together will provide meaningful and measurable benefits – lower prices, secure jobs and expanded access to fresh, ...
retail.economictimes.indiatimes
1h
Kroger tops sales estimates on higher demand for fresh, cheaper groceries
Kroger exceeded same-store sales expectations, driven by increased demand for affordable groceries. The company's e-commerce ...
16h
Warren Buffett's Portfolio Stock Kroger Pauses Buybacks For Albertsons Merger, Narrows FY24 Outlook
Kroger Company (NYSE:KR) shares are trading lower in the premarket session on Thursday. The company reported third-quarter ...
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