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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 and Albertsons to Sell More Stores in Attempts to Get Merger Approval

Kroger and Albertsons have announced plans to sell more stores in an attempt to get the green light for their $25 billion merger. Kroger reached a deal to acquire Albertsons back in October 2022, but the acquisition has been met with more than a few...

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...