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The company operated 2,731 stores at the beginning of its fiscal year, indicating the cuts represent about 2% of all of its locations. While recording a $100 million impairment charge, the ...
Kroger reported solid earnings, although revenue fell short of expectations. The grocery giant reported $1.49 in earnings per share, three cents ahead of analysts' consensus, but sales came in just ...
Q1 2025 Management View Ronald L. Sargent, Chairman of the Board & Interim CEO, stated that after nearly four months as CEO, his top priorities are to position Kroger for long-term growth, accelerate ...
Kroger has announced it plans to close around 60 stores over the next 18 months. The announcement was made when the Cincinnati-based grocer put out a release on its first quarter results. The grocer ...
HOUSTON, TEXAS - SEPTEMBER 09: A customer walks into a Kroger grocery store on September 09, 2022 in Houston, Texas. Kroger stock increased six percent as the company surpassed profit and sales ...
CINCINNATI — The Kroger Co. is planning to close dozens of stores in the coming months. The company’s announcement was made ...