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 ....
11 Jul 2021
The Kroger Co. - Invt Thesis, Financial & Price Forecasts, DCF Valuation
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The Kroger Co. - Invt Thesis, Financial & Price Forecasts, DCF Valuation
- Published:
11 Jul 2021 -
Author:
Ishan Majumdar -
Pages:
14
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 ....