Kroger Co. trades at an attractive valuation of 11 times forward earnings after a pullback following its Q1 results, which showed slower sales and margin compression. However, the company's e-commerce and private brand segments delivered strong growth and profitability. Kroger raised its dividend by 11.4% and announced a $2 billion share buyback, supported by a strong balance sheet and conservative payout ratios. The pending acquisition of Giant Eagle, if approved, would expand Kroger's regional presence and pharmacy exposure, enhancing its long-term growth prospects.
Kroger announced its second quarter 2026 earnings conference call will take place on September 11, 2026, at 8:00 a.m. ET. The management team will review the company's financial and operational performance for the quarter ending August 15, 2026. Inve...
Walmart is evolving into a diversified commerce platform, with digital sales now 23% of net revenue and e-commerce growing 26%. Its advertising and marketplace segments are boosting profits, contributing 50% of incremental profit. Analysts see an 11....
Harris Teeter and Titan Farms are marking the 13th year of their Peaches with a Purpose campaign by donating 37,800 pounds of fresh South Carolina peaches to the Second Harvest Food Bank of Metrolina. This donation helps provide fresh, nutritious foo...
Harris Teeter announces the return of its Chef's Best fundraiser featuring renowned chef Tom Colicchio to support Second Harvest Food Bank of Metrolina's mission to end hunger. The event includes a culinary experience, live entertainment, auctions, a...
Kroger has named Nate Faust as its new Executive Vice President and Chief eCommerce Officer, effective September 1, 2026. Faust brings over 20 years of experience in eCommerce, having co-founded Jet.com and led digital supply chain innovations at Wal...
