Kroger announced a multi-year growth plan aiming for approximately 3% comparable sales growth excluding fuel and pharmacy by 2029, along with 3%-6% adjusted EBITDA growth and 7%-11% adjusted net EPS growth from 2027 to 2029. The company reaffirmed its full-year 2026 guidance and outlined strategies focused on customer value, profitable digital growth, and operational modernization. Kroger plans to invest in fresh foods, expand its private brands, boost membership, and grow eCommerce and retail media revenues. Cost savings through direct sourcing and technology will support these initiatives, aiming to enhance customer experience and shareholder value.
Kroger shares are trading at USD 63.96 as of Oct 20, 2026, 18:02 WIB on Pluang, up 1.44% for the day but still below their 52-week high of USD 75.60. The stock's dividend yield stands at 2.47%, and the typical hold time on Pluang is 109 days, indicating moderate investor confidence. With a market cap of $37.24 billion, Kroger remains a significant player in the consumer staples sector, balancing growth ambitions with steady shareholder returns.
Kroger anticipates selling 25 million pounds of Halloween candy this season, featuring a wide range of chocolates, gummies, and candy corn. The retailer highlights that 57% of U.S. adults celebrate Halloween for a full season, with many buying treats...
Kroger remains a Buy as the company shows resilience with 5% adjusted EPS growth in Q2 despite challenges from outbreaks. E-commerce sales grew 20%, and net debt remains manageable at 1.91x EBITDA. The new CEO is driving a turnaround strategy emphasi...
