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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
Companies: Kroger Co (KR:NYSE)Kroger Co. (KR:NYS)
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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 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 27 research reports from 3 professional analysts.
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