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KR Earnings: Kroger Q4 adj. profit drops on lower sales; beats estimates

The Kroger Co. (NYSE: KR) reported a decline in adjusted earnings for the fourth quarter of 2024, as the grocery chain’s sales dropped 7%. Earnings exceeded Wall Street’s projections. The Cincinnati-headquartered company reported net sales of $34.31 billion for the January quarter, compared to $37.06 billion last year. Identical sales, without fuel, increased by 2.4%. … Read more

Earnings Preview: What to look for when Kroger (KR) reports Q4 2024 results

Supermarket giant Kroger Co. (NYSE: KR) is scheduled to report its fourth-quarter earnings on Thursday. This event is particularly significant since it follows the termination of the company’s merger with Albertsons and the unexpected resignation of its CEO. Kroger has been facing multiple challenges lately, including increasing competition and a sales slowdown amid cautious consumer … Read more

Kroger CEO resigns from $150 billion grocery chain over ‘certain personal conduct’, forfeiting 2024 bonus

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