
The Kroger Co. (KR)
58.69 USD -1.23 (-2.05%) Volume: 4.71M
The Kroger Co.’s stock price currently stands at 58.69 USD, experiencing a drop of -2.05% this trading session with a trading volume of 4.71M, and a year-to-date performance showing a decrease of -4.02%, portraying the volatility of KR’s stock in the market.
Latest developments on The Kroger Co.
Kroger Co. has been making significant moves in various sectors, from pledging $1 million to fire relief efforts to expanding their drug safety programs in schools across the United States. The company’s stock has been performing well, outperforming competitors on strong trading days. Additionally, Kroger’s commitment to supporting families impacted by southern California wildfires and settling an opioid lawsuit in Kentucky showcases their dedication to social responsibility. With recent investments in fresh foods and local industries like the Georgia citrus industry, Kroger is positioning itself as a key player in the market with potential for future growth as a dividend giant.
The Kroger Co. on Smartkarma
Analysts at Baptista Research have been closely following Kroger Co‘s financial performance and competitive positioning. In their report titled “Krogerβs Earnings and Albertsonsβ Lawsuit: What Investors Need to Know Now!”, they highlighted the company’s third-quarter results in 2024, noting a mix of strengths and challenges in a changing market landscape. Kroger’s pharmacy and digital sales saw strong growth, driven by competitive pricing and personalized offers. The report also mentioned a significant increase in digital engagement, with a rise in digital offer clips leading to higher customer savings.
Another report by Baptista Research, titled “The Kroger Co.: An Insight Into Its Competitive Positioning”, discussed the company’s performance in the second quarter of 2024. The analysts noted a mixed performance but highlighted Kroger’s progress towards a strategic operating model that focuses on customer-centricity and internal efficiencies. They also emphasized the company’s revenue enhancements through digital sales channels and personalized promotions, which have helped maintain its competitive edge, especially with its own brand offerings.
A look at The Kroger Co. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Kroger Co has a promising long-term outlook. With a high score in Growth and Dividend, the company is positioned well for future expansion and income generation for investors. Additionally, its Resilience and Momentum scores indicate a stable and steady performance in the market.
The Kroger Co, a company that operates supermarkets and convenience stores in the United States, is rated favorably in terms of its overall outlook. With solid scores in Value and Dividend, along with strong ratings in Growth, Resilience, and Momentum, Kroger Co appears to be a reliable choice for investors looking for a company with potential for growth and stability in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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