|Bid||27.28 x 1200|
|Ask||28.02 x 4000|
|Day's Range||27.22 - 27.82|
|52 Week Range||20.36 - 32.74|
|Beta (3Y Monthly)||0.97|
|PE Ratio (TTM)||6.27|
|Earnings Date||Dec 6, 2018|
|Forward Dividend & Yield||0.56 (2.05%)|
|1y Target Est||30.50|
CINCINNATI , Oct. 18, 2018 /PRNewswire/ -- The Kroger Co. (NYSE: KR) will host an investor conference October 29-30, 2018 in Cincinnati . Rodney McMullen , chairman of the board and chief executive officer, ...
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
Home Chef, a growing Chicago-based meal kit delivery company, wants to make a hero out of you and all of your friends who increasingly don’t have time to do their own cooking.
Kroger Co. says it launched wine delivery "within the past week" through a partnership with Drinks, an online wine marketplace. Kroger has a website for wine ordering, with delivery available in 14 states including Florida, Nevada and New Hampshire. Last Thursday, Kroger announced the October roll out of Wine Society canned wine to select Ohio and Kentucky stores. Kroger shares are up 33% for the past year, outpacing the S&P 500 index , which is up 9.7% for the period.
Kroger Co.’s wine home delivery partner has revealed where the supermarket chain will begin offering its service.
Investing.com - Consumer staples were one of the leading sectors heading into the close of trading, limiting downside momentum on Wall Street.
Kroger Co. is delaying the opening of its second Kitchen 1883 restaurant in Anderson Township. The restaurant, originally slated to open this fall, now likely won’t open until after the first of the year, Kroger spokeswoman Erin Rolfes told me. The opening is being pushed back because of construction delays, Rolfes said.
A local hummus and hummus-based food maker is being featured in a regional product showcase by Walmart Inc. after over a year of partnership. Orlando-based O'Dang Hummus, which began its growth after being featured on a 2015 episode of ABC's Shark Tank, began working with the Bentonville, Ark.-based retailer (NYSE: WMT) in June of last year after company founder and CEO Jesse Wolfe received a distribution deal as part of Walmart's $250 million "Made In the USA" pitch competition. Since the competition, Wolfe told Orlando Business Journal O'Dang's product line has gone from being sold in 400 to more than 5,000 grocery stores in the last 14 months.
In case you missed it, let me sum up markets for you so far in October. Yields are rising. Stocks are falling. Tech stocks are getting killed. Defensive stocks are moving back in favor. The Federal Reserve is still thinking about hiking interest rates, but inflation has cooled. There hasn’t been any material progress made on the trade war front. And, ultimately, investors aren’t really sure what is next in this wild market narrative.
Kroger (KR) stock has risen a modest 2.0% year-to-date. The past month has been among the stock’s worst this year, as it has lost ~14.0% during the month. Most of this decline occurred after Kroger’s second-quarter results on September 13, as the company missed sales expectations.
Kroger (KR) is covered by 26 Wall Street analysts, and the stock is rated 2.5 on a scale of 1 (strong buy) to 5 (strong sell). Its ratings have deteriorated over the past six months. The company had a 2.2 rating in May. A downgrade by Pivotal Research in June and by Deutsche Bank on October 9 are behind this rating decline.
Lucky's Market was attracted to Central Florida due to its demographics and large millennial population.
Deutsche Bank downgraded grocery chain Kroger (KR) to a “sell” rating on October 8 after having set it at a “hold” for more than a year. Deutsche Bank analyst Paul Trussell cited high costs associated with the company’s efforts to expand its e-commerce footprint as the key reason behind the downgrade. Trussell lowered the price target on Kroger to $24.00 from $30.00.
Shoppers at Pick ’n Save and Metro Market stores can now purchase meal kits to aid in home cooking. Cincinnati-based The Kroger Co. (NYSE: KR), the parent of Roundy’s Supermarkets in Milwaukee, announced the rollout on Wednesday, stating that the kits would appear in select locations. Kroger is also launching a limited market test of the new Home Chef “Express” product, which offers a quick-cook meal kit that can be prepared in about 15 minutes. The concept is a partnership between Kroger and Home Chef, two companies that announced a merger agreement in May. Meal kits will first be available at select stores in Illinois, Kentucky, Michigan, Ohio and Wisconsin, according to a news release. In the Badger State, Kroger is testing the meal kits at stores under the Pick ’n Save and Metro Market banners. Home Chef's website identifies 25 locations in Wisconsin where the meal kits are available.
Investors worried about rising bond yields and interest rates continue their flight to safety, moving away from tech stocks and toward consumer staples stocks and other more defensive investments. “Whenever you see rates rise in a rapid fashion, you typically see tech take a hit,” Chris Zaccarelli, CIO of Independent Advisor Alliance, said on Oct. 8. For those investors concerned about the future direction of the markets who’ve taken profits from the FANG stocks, consumer staples stocks are one area that has traditionally been a haven.
Kroger Co. and its newly acquired meal kit company Home Chef have announced the launch of an industry-first meal kit offering in select Kroger stores.
Kroger Co. and recently-purchased meal-kit company Home Chef announced Wednesday the launch of weekly rotating in-store kits at select Kroger locations. The company will also launch a limited test of the new Home Chef Express product, a meal kit that could be ready to eat in about 15 minutes. The Home Chef meal kits will first be available at select Kroger locations in Illinois, Kentucky, Michigan, Ohio and Wisconsin, with additional locations expected in 2019. Kroger announced the deal to buy Home Chef for up to $700 million in May. Kroger's stock has lost 3.0% over the past three months, while the S&P 500 has gained 3.1%.
NEW YORK, NY / ACCESSWIRE / October 10, 2018 / While shares of Walmart popped over 2% on news that the company is looking into selling CBD products in Canada, shares of Kroger Co. were in the red as an analyst from Deutsche Bank downgraded the stock and slashed his price target. Walmart Inc. shares closed up 2.52% yesterday on nearly 11.6 million shares traded. Wall Street was cheering as they learned that a Walmart spokesperson told Reuters that the company’s Canadian division has done “preliminary fact-finding” on cannabis-derived products.
New express meal kit introduced in select markets CINCINNATI and CHICAGO , Oct. 10, 2018 /PRNewswire/ -- In an industry first, The Kroger Co. (NYSE: KR) and Home Chef today announced the launch of weekly ...
The grocery giant intends to eliminate single-use plastic products at stores nationwide, even in Arizona, where municipal bag bans were recently overturned by state lawmakers.