The Latest Breaking News from KR

Kroger Co (NYSE:KR) said it is expanding its delivery capacity by adding spoke facilities in Austin and San Antonio in Texas, and Birmingham in Alabama. The new Texas and Alabama facilities will serve as new geographies for the organization. The facilities are expected to become operational later this year and create many job opportunities. The new…

Grocery-store operator Kroger broke out on strong earnings and bullish guidance, despite inflation and labor concerns.

Analysts have provided the following ratings for Kroger (NYSE:KR) within the last quarter:

The equity market is currently signaling a downturn. Grocery and discounted retail companies are known to hold up well in times of market volatility. The U.S. supermarket and grocery industry have exhibited strong performance over a long time. Together, we think these factors mean grocery stocks, Kroger (KR), Albertsons (ACI),…

Citi analyst Paul Lejuez downgraded Kroger Co (NYSE:KR) to Sell from Neutral with a price target of $42, down from $47, implying a 4% downside. The company has been viewed as a defensive name within retail, but this does not reflect the risks Kroger faces in 2022 and beyond, Paul Lejuez said. The risks include…

Wells Fargo analyst Edward Kelly downgraded Kroger Co (NYSE:KR) to Underweight from Equal Weight with a $42 price target, implying a 9% downside. The analyst notes the risk/reward for this COVID beneficiary now looks skewed to the downside. While he expects Q4 earnings to exceed consensus once again as Omicron extends what has arguably been…

The Fed appears to be on track to increase interest rates as early as March. Furthermore, disappointing quarterly earnings reports from big U.S. banks have caused the Dow Jones Industrial Average (DJIA) to retreat of late. So, with stock market volatility not expected to subside anytime soon, we think the…

Over the past 3 months, 8 analysts have published their opinion on Kroger (NYSE:KR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Kroger Co (NYSE: KR) shares have been strong performers in the past year, and one analyst said Wednesday the stock is set up well for another solid year in 2022, though there are some headwinds it will face.