The Kroger Co. (KR)
| Previous Close | 56.93 |
| Open | 57.08 |
| Bid | 57.01 x 900 |
| Ask | 57.04 x 1000 |
| Day's Range | 56.80 - 57.23 |
| 52 Week Range | 42.10 - 58.34 |
| Volume | |
| Avg. Volume | 5,207,119 |
| Market Cap | 40.992B |
| Beta (5Y Monthly) | 0.48 |
| PE Ratio (TTM) | 19.19 |
| EPS (TTM) | 2.96 |
| Earnings Date | Jun 13, 2024 - Jun 17, 2024 |
| Forward Dividend & Yield | 1.16 (2.04%) |
| Ex-Dividend Date | May 14, 2024 |
| 1y Target Est | 58.23 |
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Kroger, Albertsons - still hoping to merge - agree to sell more stores to satisfy regulators
Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger. The companies now plan to sell 579 Kroger and Albertsons stores in markets where they overlap to C&S Wholesale Grocers, a New Hampshire grocery supplier and operator, for $2.9 billion. Under the initial divestiture plan, announced in September, C&S had planned to purchase 413 stores for $1.9 billion. It’s unclear if the new
Barrons.comKroger and Albertsons Have a New Plan. Albertsons Earnings Take a Back Seat.
Grocery chains Kroger and Albertsons now plan to sell more locations and assets. Albertsons also reported strong earnings for the fiscal fourth quarter.
