Event in Progress:
Discover the latest content that has just been published on Research Tree
Kroger had a mixed Q4 and failed to meet the revenue expectations of Wall Street given the shifting customer preferences due to inflation and macroeconomic uncertainty. As customers looked for ways to stretch their budgets, they favored affordable meal solutions. Cooking at home was found to be 3-4 times less expensive than dining out, and Kroger did benefit from this trend in 2022. The company observed total household growth and improved customer loyalty, with higher-income households growing b
Companies: Kroger Co (KR:NYSE)Kroger Co. (KR:NYS)
Baptista Research
Kroger announced another quarter of quite strong results powered by its strategy of accelerating with digital and leading with fresh. It continues to create a seamless customer experience offering anywhere affordable and fresh food anytime with zero compromises on convenience, selection, and quality. During the quarter, the company viewed to see more customers engaging with Our Brands, and they are redeeming the digital coupons to showcase their cooking at-home skills. Kroger, along with Alberts
Kroger Co. continued to navigate the challenging operating environment characterized by continued supply chain headwinds, including higher diesel fuel costs and inflationary cost pressures. The company delivered a strong performance in the last quarter by surpassing Wall Street expectations in terms of both, revenues and earnings. In-store shopping witnessed a strong rebound and the company’s private labels performed exceptionally well in the quarter. The highlight of the last quarter was its la
Companies: Kroger Co. (KR:NYS)Kroger Co. (0JS2:LON)
Despite facing its fair share of supply chain issues, Kroger has performed well in 2021. The company's Leading With Fresh and Accelerating With Digital strategies helped them maintain the 2020 momentum in 2021 as well and it managed to achieve positive year-over-year identicals without fuel, compared to very strong identicals of 2020. Kroger’s two-year stack of 14.3% was very impressive. The management is doing well on the cost cutting front as well and achieved cost savings of more than $1 bill
Kroger has performed well like most of its retail peers. The company's Leading With Fresh and Accelerating With Digital strategies helped them maintain the 2020 momentum in 2021 as well and it managed to achieve positive year-over-year identicals without fuel, compared to very strong identicals of 2020. Kroger’s two-year stack of 14.3% was very impressive. The management is doing well on the cost cutting front as well and achieved cost savings of more than $1 billion for the fourth quarter alone
Kroger delivered a decent set of third-quarter results returning to positive comparable sales without fuel. The company saw triple-digit digital sales growth on a two-year basis and increased its full-year 2021 guidance as well. The management is leveraging its data and personalization to help its consumers stretch their food dollars. With personalized promotions, big packs, and dynamic holiday offerings, the team is providing value when customers need it the most. The company’s Home Chef offeri
Kroger has managed to reach the target price from our last report after reporting a strong quarterly result, surpassing Wall Street expectations. The company benefitted from the continuation of the pandemic-induced pent-up grocery demand due to the at-home consumption. Apart from having a massive network of retail outlets, Kroger also has a significant online presence and the management’s efforts to bolster omnichannel operations will ensure a steady growth in the top-line despite the changing c
Research Tree provides access to ongoing research coverage, media content and regulatory news on Kroger Co.. We currently have 0 research reports from 4 professional analysts.
Share: