|Day's Range||29.07 - 29.34|
|52 Week Range||28.29 - 37.97|
|PE Ratio (TTM)||14.26|
|Dividend & Yield||0.48 (1.65%)|
|1y Target Est||N/A|
Kroger has identified plans to establish a logistics and distribution center in Boone County that the company said in the KEDFA filing will allow it to rebalance its manufacturer and labeled products into local warehouses. The new center also will allow Kroger to distribute thousands of its products to more than 1,000 regional stores while also creating new arenas for additional investment and job creation, according to the filing. The Cincinnati Business Courier, our sister paper, reported in March that Kroger purchased the Park 536 building from VanTrust Real Estate LLC for almost $34 million and is investing tens of millions more into developing the speculative industrial building into a 674,000-square-foot distribution center.
An analysis by one analyst found that new Lidl stores will be in close proximity to existing Kroger and Walmart locations.