|Bid||28.01 x 2900|
|Ask||28.48 x 4000|
|Day's Range||28.14 - 28.51|
|52 Week Range||20.70 - 29.97|
|Beta (5Y Monthly)||0.61|
|PE Ratio (TTM)||14.40|
|Earnings Date||Mar 04, 2020 - Mar 08, 2020|
|Forward Dividend & Yield||0.64 (2.25%)|
|Ex-Dividend Date||Nov 13, 2019|
|1y Target Est||27.95|
The rating on the principal only class, Cl. A-PO, was affirmed due to the sufficiency of the class's credit support and the pool's share of defeasance. The rating on the IO class, Cl. IO, was downgraded due to the decline in the credit quality of its reference classes resulting from principal paydowns of higher quality reference classes. The ratings of Credit Tenant Lease (CTL) deals are primarily based on the senior unsecured debt rating (or the corporate family rating) of the tenants leasing the real estate collateral supporting the bonds.
The Kroger Co.'s (NYSE: KR) Board of Directors today declared a quarterly dividend of 16¢ per share to be paid on March 1, 2020, to shareholders of record as of the close of business on February 14, 2020.
The automated fulfillment center will create 400 new jobs when it opens and help Kroger tackle the online grocery market.
Kroger, America's favorite grocer, announced today its top food trend predictions for 2020, insightfully curated by its culinary experiences team and Our Brands product developers, chefs and innovators.
Conceptually, Lucky's was positioned in the exact middle of a crowded grocery market, combining affordable, private-label products with experiential stores. That may have played a part in its downfall.
Lucky’s Market has confirmed it is closing many of its stores, leaving just a few open. The grocery chain said it would be “continuing on” with its stores in North Boulder; Fort Collins; Traverse City, Michigan; West Melbourne, Florida; Cleveland and Columbus, Ohio; and Columbia, Missouri, according to a Facebook post. A few of the stores listed — such as one in Dania Beach in Florida — were planned developments, according to South Florida Business Journal, a sister publication to Denver Business Journal.
Kroger Health pharmacies in Idaho and Michigan are expanding their service offerings. Effective immediately, patients can see a pharmacist at a Kroger Health pharmacy for rapid strep throat and flu testing. Patients can now stop by the pharmacy – no appointment necessary – where a pharmacist will evaluate symptoms of flu-like illness or sore-throat, medical history, and conduct an examination. As part of this service, the pharmacist may perform a nasal swab or throat swab collection for a rapid diagnostic test screening for influenza or Streptococcus bacteria (strep throat). If indicated, pharmacists can also prescribe and supply the appropriate treatment during that same visit, helping decrease the length, severity, and spread of illness.
Five Greater Cincinnati companies received a perfect score on this year's 2019 Corporate Equality Index from the Human Rights Campaign.
The move comes roughly six weeks after Kroger announced it would divest its interest in Lucky's.
The Kroger Co. (NYSE: KR) today announced the retirement of Pam Matthews, president of the Central division, and promotions of Colleen Juergensen—currently president of the Dillions division—to president of the Central division and Steve Dreher—currently vice president of the Dillions division—to president of the Dillions division.
The Kroger Co. (NYSE: KR) today announced it earned its second consecutive perfect score on the 2020 Corporate Equality Index, the Human Rights Campaign (HRC) Foundation's national benchmarking tool for corporate policies and practices supporting lesbian, gay, bisexual, transgender and queer (LGBTQ) employees.
Sprouts Farmers (SFM) is witnessing higher expenses that are affecting the bottom line. However, initiatives like Fresh Item Management Technology and cost containment might aid performance.
Walk in to Kroger Co.’s new Kitchen 1883 restaurant in Anderson Township and it feels dramatically different from the supermarket giant’s other full-service Kitchen 1883 location in Union, near Florence.
Kroger's (KR) Restock program and initiatives to expand in the grocery space look impressive. This is likely to improve identical supermarket sales.
Kroger Co.’s same-store sales growth beat analysts’ expectations last quarter, but those figures are looking increasingly weaker when stacked up against its peers, one analyst says.
Most food startups don't get an exclusive distribution deal with Whole Foods. This brand just landed its second.
In U.S. stores, shoppers now have more options for plant-based "faux foods" as firms are gradually unveiling more products in the competitive supermarket aisle.
Albertsons Cos. is preparing for an initial public offering, which could value the grocery giant at around $19 billion, according to a report in the Wall Street Journal. Albertsons is owned by private-equity firm Cerberus Capital Management. The report, which cites people described as familiar with the matter, says Albertsons has been updating IPO documents that had been confidentially filed with the Securities and Exchange Commission. The report said Albertsons has substantially reduced debt since it last filed IPO papers back in 2015, and Cerberus is resurrecting IPO discussions in an effort to cash in on the grocer's improved performance and a strong stock market. The IPO preparation comes as the shares of fellow grocery giant Kroger Co. have rallied 17.4% over the past three months, while the Renaissance IPO ETF has climbed 14.7% and the S&P 500 has gained 10.4%.
Shares of Beyond Meat Inc. powered up 10% in midday trading Monday toward a three-month high, to extend last week's big rally as some industry experts suggested plant-based meats are now more than just a novelty option for consumers. The stock has now run up 30% amid a three-day win streak, and has soared 42% in a week. The rally came despite new product announcements from competitors, as Impossible Foods said it was adding pork and sausage to its plant-based meat lineup, and Kroger Co. announced that launch of "Emerge: Plant Based Fresh Meats." Data and analytics provider Technomic said the announcements indicated that plant-based meat alternatives have "absolutely gone mainstream" and are gaining more acceptance among consumers. The stock, which went public in May, has still lost 19% over the past three months, while the S&P 500 has gained 10%.
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]
Albertson, the second largest supermarket chain in the United States, is preparing for another IPO. Yahoo Finance’s Alexis Christoforous joins On The Move to discuss the details.