How Is Kroger’s Stock Performance Compared to Other Consumer Staple Stocks Kroger has outperformed its industry peers recently, and analysts remain moderately optimistic about the stock’s prospects. Barchart · Dec 13, 2024
'Tidal Wave' Of Flu Cases Straining Hospitals In England A "tidal wave" of the flu has hit the United Kingdom, with health officials delivering 28 million vaccines to Christmas markets, football clubs and Kroger supermarkets as a precaution for Britons. International Business Times · Dec 12, 2024
"Willful breach": Albertsons sues Kroger Albertsons has accused Kroger of sabotaging their $25 billion deal Salon · Dec 12, 2024
Kroger-Albertsons Merger Halted by the Federal Trade Commission The Federal Trade Commission's antitrust action does not benefit grocery shoppers. Reason · Dec 12, 2024
What’s next for Albertsons after calling off its $25B grocery merger with Kroger: More lawsuits Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach of contract. The US$25 billion deal, first announced in 2022, would have combined Cincinnati-based Kroger, already the largest traditional U.S. supermarket chain, with Boise, Idaho-based Albertsons, which is… The Conversation · Dec 11, 2024
Food Fight: $25 Bn US Grocery Deal Falls Apart A proposed $25 billion supermarket mega-merger disintegrated Wednesday in bitter recriminations between Albertsons and would-be suitor Kroger following US court rulings blocking the deal. International Business Times · Dec 11, 2024
Albertsons sues Kroger for $600 million over failed grocery merger Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval of the $24.6 billion agreement The Independent UK · Dec 11, 2024
Here's Why The Kroeger Albertsons Merger Was Blocked And What It Means For Consumers A federal judge blocked Kroger's £19.58B merger with Albertsons. The judge ruled the deal would harm consumers by reducing competition. International Business Times UK · Dec 11, 2024
US Courts Block Kroger's $25 Bn Supermarket Mega-merger Two US courts ruled against supermarket giant Kroger's planned $24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the merger in a win for the Federal Trade Commission, which had argued the deal would harm consumers. International Business Times · Dec 11, 2024
Federal judge blocks grocery megamerger between Kroger and Albertsons over monopoly concerns A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal The Independent UK · Dec 10, 2024
What are supermarket scorecards? [Supermarket scorecards] allow us to compare how supermarkets are performing relative to each other” Salon · Dec 10, 2024
What’s Behind These 3 Recent Analyst Stock Upgrades? Three recent analyst ratings go beyond the consensus, making them a much more significant move for Wall Street analysts to consider. MarketBeat · Dec 8, 2024
Dow Falls 50 Points; Kroger Posts Downbeat Sales U.S. stocks traded mixed this morning, with the Dow Jones index falling around 50 points on Thursday. Benzinga · Dec 5, 2024
Warren Buffett's Portfolio Stock Kroger Pauses Buybacks For Albertsons Merger, Narrows FY24 Outlook Kroger pauses share buybacks for the Albertsons merger, misses Q3 sales estimates, and narrows its FY24 EPS guidance. Benzinga · Dec 5, 2024
Barchart · Dec 5, 2024 Stocks Muted Before the Open After Tech-Led Rally, U.S. Jobs Data in Focus December S&P 500 E-Mini futures (ESZ24) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.13% this morning, taking a breather after yesterday’s rally, while investors turned their attention to U.S. jobless claims numbers due later today and key non-farm payrolls data scheduled for Friday.
Salon · Dec 2, 2024 Kroger accused of strike sabotage “These companies rigged the system against us, undermining our right to fight for better pay and fair treatment"
Barchart · Nov 27, 2024 Sprouts Farmers Market Hits 84th 52-Week High: Too Late to Buy? Halfway through Wednesday trading, 140 Nasdaq stocks have hit a 52-week high. The Arizona grocery store chain has hit a 52-week high 84 times in the past 12 months. Are there more gains in the cards?
The Guardian - US · Nov 27, 2024 US grocery workers hit by rising prices: ‘We’re at the bottom of the food chain’ Food store employees grapple with fewer hours and inflation – and sound alarm at merger of two largest chains
Fortune · Nov 24, 2024 5 stalled mega mergers that could get a green light under Trump Biden's aggressive antitrust enforcers stood in the way of deals involving names like Intel, Kroger and U.S. Steel.
Motorsport · Nov 19, 2024 RFK Racing expands its lineup, adding Ryan Preece for 2025 RFK Racing hasn't run three full-time cars in the NASCAR Cup series since 2016, but that changes in 2025 when the team will enter the No. 60 car alongside the No. 6 driven by team co-owner Brad Keselowski and the No. 17 of Chris Buescher.
Fortune · Nov 7, 2024 Wall Street is foaming at the mouth with all the possible mergers and acquisitions that may now go through with Trump as president Goldman Sachs expects a 20% increase in M&A activity next year.
Salon · Nov 7, 2024 "Predatory": Are grocers overcharging? Sen. Elizabeth Warren and Rep. Adam Schiff are concerned supermarkets are overcharging customers
Barchart · Nov 7, 2024 Kroger Stock: Is Wall Street Bullish or Bearish? Although Kroger has slightly lagged behind the S&P 500 Index over the past year, Wall Street analysts remain moderately bullish on the stock’s prospects.
Barchart · Oct 28, 2024 Kroger Earnings Preview: What to Expect Kroger is expected to release its third-quarter results in December, and analysts expect a single-digit earnings growth.
The Independent UK · Oct 25, 2024 Costco recalls more items over listeria fears. What we know about the recall surge A major recall of nearly 12 million pounds of meat and poultry that may have been contaminated with listeria has affected stores nationwide