Kroger continues to be rated a Buy due to its attractive valuation despite recent share price underperformance and mixed profitability. The company saw a 13% year-over-year surge in e-commerce sales, with private label brands outperforming national brands. Management expects flat to modest growth in sales and earnings per share for fiscal 2026 but anticipates a decline in operating cash flow. The recent acquisition of Giant Eagle adds leverage risk, with net leverage projected to rise, though the strategic rationale behind the deal is considered sound.
Kroger announced its 2026 Wellness Tour, a month-long initiative in September featuring wellness events at stores nationwide every Friday and Saturday. Customers can sample healthier products, learn about OptUP® Picks, and consult with Kroger Health ...
Walmart shares dropped 6.64% after its Q2 earnings beat estimates and raised full-year guidance, but investors reacted negatively due to reliance on tariff refunds and cautious Q3 outlook. Analysts remain optimistic, with a consensus price target of ...
Gatik, an autonomous vehicle startup specializing in self-driving box trucks for short-haul deliveries, has raised $200 million in a funding round led by Qatar Investment Authority and Koch Disruptive Technologies. This funding follows a multi-year c...
Kroger has partnered with Instacart to offer customers of its Fred Meyer, Ralphs, and Harris Teeter banners the ability to receive groceries and eligible prescriptions in a single delivery. Prescriptions are verified and packaged by Kroger pharmacy t...
Kroger and Instacart have introduced a new service allowing customers to order groceries and eligible prescriptions together for delivery through Kroger's websites and apps. This service is available across nearly all Kroger banners nationwide and co...
