Might be right. They will not compete with perishables, but KR non-perishable business is over 50% of the business. This they can compete with to a degree. But 2015 growth was under 2% which could imply there is already some impact. If it becomes greater, then the brick and mortars could be damaged further. I think KR will be fine, but if organic growth is impacted by 5%-10%, then the valuation should change. I dont know if I see 38, but it could bounce there. I have some concern and that is why I would not buy till it is a bit lower to provide some safety.
I myself continue to shop AMZN more and more if just for price comparisons. Typically not on grocery items, but friends continue to do so for protein bars, etc. Again, will not impact the perishable side of the business, but the non-perishable including Vitacost.
who knows...Amazon is now adding private label goods with one-two hour delivery that will impact grocers. KR is getting close to fairly valued, but if Amazon continues to eat away at growth, even if a tiny bit then FV could go to the lower 30's. Will be interesting to see how it continues to compete, especially on-line business that KR has. I do like KR as it is a leader. Have owned in the past and look forward to owning again. Had a 33.75 buy price, but am evaluating once again given the fact that Amazon is moving strongly into a portion where KR competes. Would like to have additional comfort. I think 32.00 would do that for now. Just my .02
what is the value of 100 shares at $100 or
200 shares at $50.
My math gets a bit fuzzy, but I think they are both $10,000. That split sure did a whole lot. Just got the board involved, lawyers, mgmt time, etc but value to the shareholders stayed the same...No stock split is necessary. Liquidity is more than enough.
s/b topping the Apr 22 high of $28.33 but is lagging significantly. Yes nice bounce but is from lows that were pushed down by the negativity. S/b near 33. Kind of disappointing in reality.
I dont know if I was as there was no action by me today although I almost bought some. Now yes the stock was manipulated...
all public companies require an audit. AKRX has had some internal issues on recognizing net income (ie discounts and returns) as well as a bit more based on the length of time in correcting. Much of this was due to the acquisition companies. Poorly executed in understanding each business and likely the contracts. So they are restating, thus it requires an audit as public companies require an audit.
No fuzzy math, I did calc on the day of your call, the message above. Your message said 20%, not 20% from 47. So anyone reading it MUST assume that it is as of that point.
I will wait for Q2, but I feel F is blowing out the year. They blowout Q1, say the world is ripe and do not see any slowdown, but guide to 2015 #'s. Can you say UNDERPROMISE OVERDELIVER. Say it, come on. There it is. I see F moving to $20 IF Q2 continues as Q1 did as management has spoken to the economy about but somewhat contradicted with guidance. One will have to give. Suppressing the stock price a bit allows for addl buybacks and we will probably see another on top of special divi in Q1 2017 paid.
When F begins to approach your number, sit back, reevalutate. First - is additional growth in stock price reasonable. Second - if you do sell (pay taxes unless in tax deferred account) what would you invest in that is better. Actually you should probably do this about 6 times a year (minimum 4 times) with all your stock. Then make your decision. GLTA.
missed qtr by 4% and guided slightly down for the year. The haircut is a bit much. Low-end sb $80, so only went below by a bit. High-end sb closer to $93.
I liked the earnings call. Probably never should have moved off of the stock, but now back in after that bit of a dip, but higher than what I sold at.