|Bid||0.00 x 41800|
|Ask||0.00 x 1300|
|Day's Range||24.34 - 24.88|
|52 Week Range||19.69 - 31.45|
|PE Ratio (TTM)||11.78|
|Earnings Date||Jun 13, 2018 - Jun 18, 2018|
|Forward Dividend & Yield||0.50 (2.02%)|
|1y Target Est||27.75|
If you fire up your computer or phone to get your groceries, there’s an increasing chance you might rely on British online supermarket Ocado Group’s technology. Traders said a short squeeze added to the surge.
Kroger's Honoring Our Heroes campaign has supported veterans, active duty military and their families since 2010, raising more than $21 million through both corporate funds and customer donations. As a result, Kroger is the largest cumulative donor to the USO in the organization's 77 year history. This year, the Kroger family of companies is once again expanding its efforts to bring families around the table by partnering with the USO to host Red, White, and Barbeque events across the country.
Kroger Co. (NYSE:KR) made its second move in a week into the home shopping future, buying Home Chef for an initial $200 million. It was the kind of news that should have moved Kroger stock one way or the other. The price could rise another $500 million with incentives built into the deal and follows Kroger’s deal last week with Ocado, a British company that builds automated home delivery warehouses.
Morgan Stanley listed Dollar General (DG) among its 30 high-quality firms with a competitive advantage in their respective sectors.
Blue Apron Holdings, Inc. and Canada’s Goodfood Market Corp. are both rallying on the back of Kroger Co.’s $200 million purchase of Home Chef, the third-largest meal-kit company in the U.S. The deal also includes $500 million of future earnout payments. The deal “further legitimizes the meal kit industry and illustrates the appetite of large-scale grocers for entering the space,” National Bank of Canada analyst Leon Aghazarian wrote in a note where he reiterated his outperform rating on Goodfood. Kroger’s move comes eight months after Albertsons Cos. bought Plated, which boosted the odds of a takeout for Blue Apron, Oppenheimer analyst Rupesh Parikh said.
Shares of Blue Apron climbed on Thursday after Kroger said it was buying Home Chef to broaden its menu in the home meal kit market while stock of Calavo Growers, whose unit partnered with Kroger on another ...
By Noel Randewich SAN FRANCISCO (Reuters) - Shares of Blue Apron climbed on Thursday after Kroger said it was buying Home Chef to broaden its menu in the home meal kit market while stock of Calavo Growers, whose unit partnered with Kroger on another meal kit service, slumped. Supermarket chain Kroger Co said late on Wednesday it would pay $200 million for Home Chef, and up to $500 million more if the service reaches targets for in-store and online sales of its personalized food kits. Kroger's purchase of Home Chef sent shares of meal-kit pioneer Blue Apron Holdings 3.2 percent higher in trading on Thursday.
LOS ANGELES, May 24, 2018 /PRNewswire/ -- Ralphs is inviting its customers to join in supporting the men and women of the armed forces and their families during its annual Honoring Our Heroes campaign in partnership with the USO. To honor our heroes, Ralphs and other Kroger-family stores, together with customers and associates, are raising money to support the USO's broad range of programs that assist service members and their families. This year, customers and associates of Ralphs will be able to show their support for our service men and women from May 23 to July 24 by donating their spare change in specially-marked coin boxes at the check stands in all Ralphs supermarkets.
Home Chef, based in downtown Chicago, employs over 1,000 employees with distribution centers in Chicago, Atlanta and San Bernardino, Calif.
The race for supremacy seems to be heating up with more players adding muscle to their e-commerce and delivery arm with more acquisitions and technological assistance.
CASPER, Wyoming , May 24, 2018 /PRNewswire/ -- Imagination TV Inc. (OTC-BB: IMTV) in collaboration with Nfuse 360 Marketing are pleased to announce their sponsors for the first ever "Music Bash at ...
As we discussed earlier in this series, Dollar General (DG) is slated to report its first-quarter results on May 31. Wall Street has projected a 10% year-over-year (or YoY) jump in the company’s top line to $6.2 billion. Its top line has grown every quarter over the past ten years.
Of the companies that saw big financial benefits from tax reform, several decided to share the wealth with their employees.
Kroger Co. is buying a Chicago-based meal kit company in a deal that shows what's ahead for the grocery industry and Lakeland-based Publix Super Markets Inc.
Kroger Co (NYSE:KR) is buying Home Chef, the third-largest private meal-kit company in the U.S., in its second deal this month. KR stock closed down 0.5% on Wednesday. The Cincinnati-based grocer will pay $200 million initially and as much as $700 million more if Home Chef hits performance targets.
Kroger Co. is buying Home Chef, the largest private meal-kit company in the U.S. by sales, its second deal in as many weeks aimed at bolstering the supermarket chain’s online business. The deal—$200 million initially and up to $700 million if Home Chef hits performance targets—comes about a week after the Cincinnati-based grocer took a roughly $250 million stake in British online grocery operator Ocado Group PLC. The companies are poised to open a series of automated warehouses for grocery delivery in the U.S. Kroger, the largest U.S. supermarket chain by stores and sales, is quickly pushing to shake up its business model as its faces competition on all fronts.
LOS ANGELES, May 23, 2018 /PRNewswire/ -- Food 4 Less stores serving Southern California and the greater Chicago area are inviting customers to join in supporting the men and women of the armed forces and their families during its annual Honoring Our Heroes campaign in partnership with the USO. In addition, the supermarket chain's Foods Co Division, which serves Central and Northern California, is also raising funds to support USO programs and services. To honor our heroes, Food 4 Less and Foods Co together with customers and employees, are raising money to support the USO's broad range of programs that assist service members and their families.
Home Chef employs more than 1,000 employees with distribution centers in Chicago, Atlanta and San Bernadino, California.
Kroger, looking to take a bigger bite of the online grocery market, is buying meal-kit seller Home Chef. Home Chef, like other meal-kit companies, sends a box of ingredients and recipes to its subscribers' doorsteps. Kroger will pay $200 million for Chicago-based Home Chef, and may pay an additional $500 million over five years if sales reach certain milestones.
Kroger is expanding its presence in the industry with a $200 million deal to buy Home Chef, the third-largest U.S. meal-kit company.
Kroger Co. has reached a deal to buy the U.S.’s largest private meal kit company in a move to take advantage of a fast-growing consumer trend.
Meal kits have become popular among consumers but investors have worried whether these businesses could be profitable.
Kroger Co. is getting serious about meals kits. The grocery chain is expanding its presence in the industry with a $200 million deal to buy Home Chef, the third-largest U.S. meal-kit company. Kroger could pay out as much as $500 million more over the next five years if certain growth targets are hit, according to a statement Wednesday.
CINCINNATI and CHICAGO, May 23, 2018 /PRNewswire/ -- The Kroger Co. (KR) and Home Chef, the country's largest private meal kit company, today announced a merger agreement that will significantly accelerate availability of meal kits and position the combined company to lead the way in revolutionizing how families shop for, prep, and cook their meals. The pending merger comes on the heels of Home Chef's 150% growth in 2017, $250M in revenue, and two profitable quarters. Bringing Home Chef's innovative and exciting products and services to Kroger's customers will help make meal planning even easier and mealtime more delicious," said Yael Cosset, Kroger's chief digital officer.