Kroger Co

Kroger Co

The Kroger Co - The Kroger Co.. Learn more

Launch date
Employees
Market cap
CAD54.4b
Enterprise valuation
CAD75.6b (Public information from Sep 2024)
Cincinnati Ohio (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues122.3b132.5b137.9b148.3b150.0b149.1b152.1b
% growth-8 %4 %8 %1 %(1 %)2 %
EBITDA5.2b6.2b6.9b7.7b6.9b--
% EBITDA margin4 %5 %5 %5 %5 %--
Profit1.7b2.6b1.7b2.2b2.2b--
% profit margin1 %2 %1 %2 %1 %--

Recent News about Kroger Co

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Kroger Co. is a leading American retail company that operates supermarkets and multi-department stores throughout the United States. The company serves a diverse range of clients, including everyday consumers looking for groceries, household items, and pharmacy services. Kroger operates in the highly competitive retail market, which includes both physical stores and digital platforms.

Kroger's business model is centered around providing a wide variety of products and services to meet the needs of its customers. This includes fresh produce, packaged foods, household essentials, and pharmacy services. Additionally, Kroger has a strong digital presence, which has seen significant growth, particularly in online sales. The company makes money through the sale of these goods and services, both in-store and online.

Kroger has also been proactive in addressing social and environmental issues. Through initiatives like the Zero Hunger Zero Waste Innovation Fund, the company is working to reduce food waste and improve food access in communities. This not only helps the environment but also strengthens Kroger's brand as a socially responsible company.

Financially, Kroger has shown robust performance. In the third quarter, the company achieved a 10.9% increase in identical sales, excluding fuel, and a remarkable 108% growth in digital sales. These figures highlight Kroger's ability to adapt to changing consumer behaviors and its strong position in the market.

Kroger is also committed to fostering a diverse and inclusive work environment. The company strives to reflect the communities it serves and empowers its associates to be their true selves. This commitment is part of Kroger's broader Framework for Action, which aims to mobilize the company's resources to create positive change in its culture and communities.

In summary, Kroger Co. is a well-established retail giant that continues to grow through a combination of in-store and online sales, social responsibility initiatives, and a strong commitment to diversity and inclusion.

Keywords: Retail, Supermarkets, Digital Sales, Groceries, Pharmacy, Food Waste, Social Responsibility, Diversity, Inclusion, Community.

Tech stack

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