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 ....
24 Apr 2023
Kroger Co: A ‘Fresh’ & Friendly Strategy For Growth – Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)
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Kroger Co: A ‘Fresh’ & Friendly Strategy For Growth – Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)
- Published:
24 Apr 2023 -
Author:
Ishan Majumdar -
Pages:
27
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 ....