Kroger

Kroger Increases Forecast Amid Strong Q3 Earnings

Kroger (NYSE: KR) raised its forecast for the year after reporting strong third-quarter earnings. The news comes despite the fact inflation has pushed up prices for products like milk, eggs, and other groceries. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”KR” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”KR” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] The American …

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Beyond Meat to Launch New Plant-Based Steak

Beyond Meat (NASDAQ: BYND) will be introducing a steak substitute in grocery stores on Monday. The new addition will be available nationwide at over 5,000 Kroger and Walmart locations, as well as Albertsons, Ahold Delhaize, Jewel-Osco, Sprouts, and other local grocers. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”BYND” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”BYND” range=”1mo” interval=”1d” axes=”true” …

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Kroger to Acquire Rival Albertsons for $24.6 Billion

Rivals, Kroger (NYSE: KR) and Albertsons (NYSE: ACI) announced they would be teaming up. Kroger is set to acquire Albertsons for USD34.10 a share in a deal worth USD24.6 Billion. Albertsons shares closed at USD28.63 on Thursday. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”KR” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”KR” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; …

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Kroger Discloses $1.1 Million Investments to Propel Racial Equity

Kroger (NYSE: KR), an American grocery retailer, announced two big initiatives through its Racial Equity Fund, summing up USD1.1 Million in philanthropic investments. The Changemaker grant as well as the Next Generation scholarship mirrors the progress of Krogers Framework for Action: Diversity, Equity & Inclusion plan. The strategy is a commitment to build more equitable …

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