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Kroger’s Earnings Beat Analyst Expectations, Shares Flat on Unchanged 2024 Forecast

Grocery chain Kroger shared its earnings report with the company’s results in the first quarter, which largely beat analysts' expectations. This sent Kroger’s shares on a temporary surge early on Thursday before they returned to the previous level on an unchanged 2024 forecast. Kroger had...

Kroger Acquires Rival Grocer Albertsons for $25 Billion

Two of the biggest grocery chains in America are joining forces in attempts to remain competitive in an increasingly challenging retail market. Kroger, the largest supermarket operator in the U.S., announced on Friday that it plans to acquire rival grocer Albertsons in a deal...