SupermarketChain

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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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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