The Kroger Co. (KR) delivered impressive performance, outperforming compared to its industry. The company's stock confirms buy signal as the uptrend strengthens. Named among
Evercore's top choices for long-term gains, the firm has also gained triple trust recognition due to 3.9 billion meals provided to customers. Sharing a bright sales growth outlook, its shares have surged by 9.8%.
UBS raised Kroger's price target after strong Q1 results, reinforcing its position as a solid, broad-based defensive investment choice. Furthermore, their Q1 2025 earnings report highlighted robust sales growth fuelled by strategic store operations. The firm plans to close about 60 grocery stores to streamline operations but aims to fill 15,000 jobs and offers $21,000 tuition benefits, indicating growth and expansion.
Its dividend growth prospects look bright as its Board of Directors approved a 9% increase in the quarterly dividend payout. Despite the ambitious growth plans, Deutsche Bank adjusts the firm's price target, hinting a more balanced risk-reward outlook.
The Kroger KR News Analytics from Tue, 04 Mar 2025 08:00:00 GMT to Fri, 04 Jul 2025 04:32:19 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 1
