AllAnalyst Report
logoMorningstarMarch 26, 2024

The Kroger Co.: Kroger: Competitive Pressures Prompt No-Moat Rating, but Steady Demand Should Buoy Financial Results

Symbols
KR
Sector(s)
Consumer Defensive
Rating
Current Price
$55.49
Fair Value
Economic Moat
Stewardship
Summary

Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company touts its ingrained position across US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger’s roughly $110 billion in nonperishable and fresh food sales (about 75% of revenue) stems from its private-label portfolio, of which the company manufacture

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