Previous Close | 20.80 |
Open | 20.73 |
Bid | 0.00 x 900 |
Ask | 0.00 x 800 |
Day's Range | 20.70 - 20.99 |
52 Week Range | 19.21 - 23.88 |
Volume | |
Avg. Volume | 3,512,051 |
Market Cap | 11.993B |
Beta (5Y Monthly) | 0.32 |
PE Ratio (TTM) | 8.86 |
EPS (TTM) | 2.35 |
Earnings Date | Apr 09, 2024 - Apr 15, 2024 |
Forward Dividend & Yield | 0.48 (2.31%) |
Ex-Dividend Date | Jan 25, 2024 |
1y Target Est | 24.87 |
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The regulatory agency has mischaracterized competition and labor dynamics in the grocery industry in seeking to block their merger, the grocers said in filings this week.
A federal judge in Oregon will decide during the proceeding whether to grant the FTC’s request to block the transaction.
WASHINGTON (Reuters) -U.S. District Judge Adrienne Nelson on Monday set Aug. 26 as the start of a hearing on the Federal Trade Commission's bid for a preliminary injunction to block supermarket chain Kroger's $24.6 billion deal to buy smaller rival Albertsons. The FTC sued last month to block the deal that would create a supermarket empire with more than 4,000 stores, saying it would boost grocery prices for millions of Americans. The tie-up has drawn tough scrutiny from lawmakers and consumer groups worried about higher grocery prices, job losses and store closures.