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Carl Icahn Calls Out Kroger For Ignoring 'Human And Animal Suffering'
Wednesday, March 30, 2022 - 10:49am | 578Longtime activist investor Carl Icahn has warned of the looming fallout of corporate America on the back of poor management. He called out several companies last week for lacking accountability practices, and on Monday set his sights on America's largest grocer. What...
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Why Kroger Shares Are Moving Higher
Thursday, December 2, 2021 - 1:06pm | 243The Kroger Co (NYSE: KR) is trading higher Thursday after the company announced better-than-expected third-quarter financial results and raised guidance. Kroger reported quarterly adjusted earnings of 78 cents per share, which beat the estimate of 66 cents per share. The company reported quarterly...
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Why Bed Bath & Beyond Stock Is Trading Higher Today
Wednesday, November 3, 2021 - 9:26am | 278Shares of Bed Bath & Beyond, Inc. (NASDAQ: BBBY) are trading higher following an announcement regarding a partnership with The Kroger Co. (NYSE: KR) in which products carried by Bed Bath & Beyond will be directly offered to Kroger customers through Kroger.com as well as a small-scale...
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Bed Bath & Beyond Surges 80% On Kroger Deal, Digital Shift And $1B Buyback
Tuesday, November 2, 2021 - 5:13pm | 669Bed Bath & Beyond (NASDAQ: BBBY) surged nearly 80% in Tuesday's after-hours trading session on the heels of three new announcements from the company outlining strategic plans to help with its turnaround. Here are the details traders and investors should know. Share Buyback:...
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Kroger CEO Talks 2021 Outlook: Consumers Are Loving Family Dinner Time
Friday, March 5, 2021 - 1:41pm | 383Grocery chain Kroger Co (NYSE: KR) reported Thursday morning its fourth-quarter results with management confident enough that recent trends will continue in 2021, offering it an optimistic outlook, Kroger CEO Rodney McMullen said Thursday on CNBC's "Closing Bell." Confidence...
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Kroger CEO Talks Earnings, Digital Growth And Food Prices
Thursday, June 18, 2020 - 1:22pm | 404Grocery chain Kroger Co (NYSE: KR) reported first-quarter results, highlighted by changing trends that are likely to result in permanent habits, Kroger CEO Rodney McMullen said on a Fox Business interview. Kroger reported quarterly earnings of $1.22 per share, which beat the analyst consensus...
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Kroger Option Trader Makes $2.3M Bearish Bet That Stockpiling Rally Is Over
Tuesday, April 21, 2020 - 3:29pm | 705Kroger Co (NYSE: KR) has been one of the best-performing stocks in the entire S&P 500 in the past six months, gaining 34.3% overall. However, one large bearish Kroger option trade suggests at least one trader believed the rally has run out of steam. The Trade On Tuesday, Benzinga Pro...
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Kroger CEO Unsure What The 'New Normal' Will Look Like
Monday, April 20, 2020 - 12:40pm | 449Kroger Co (NYSE: KR) has seen a large increase in demand amid the coronavirus pandemic and what will be the "new normal" once the pandemic passes is anyone's guess, Kroger CEO Rodney McMullen said during a recent Evercore ISI hosted "fireside chat." What Happened Kroger...
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Kroger Added Too Much To Its Cart, Will Slowdown 'Restock Kroger' Plans
Thursday, November 21, 2019 - 3:24pm | 388Kroger Co (NYSE: KR) will slow down its "Restock Kroger" plan after realizing it calls for too much at once, The Wall Street Journal reported. As part of the 2017 "Restock Kroger" plan, the grocer set out to renovate stores and introduce new products to better help support sales...
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Kroger's CEO Thinks A Trump White House Is Good For Business
Friday, November 11, 2016 - 2:20pm | 284Kroger Co (NYSE: KR)'s CEO Rodney McMullen was a guest on CNBC on Friday and shared his optimism surrounding a Donald Trump presidency. Shares of Kroger have gained more than 6 percent over the past five days, which may indicate thus far that the Trump presidency could be good for the grocery chain...
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Kroger Unveils Stock Split, $500 Million Buyback And Dividend Hike
Thursday, June 25, 2015 - 1:03pm | 227Kroger Co (NYSE: KR) shares ticked up after the company boosted its dividend 13.5 percent and unveiled a 2-for-1 stock split. The Cincinnati-based grocer also announced a $500 million buyback. Kroger, with a market capitalization of $35.53 billion, traded recently at $73.77, up 1.1 percent....
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Kroger Earnings Call Summary: Positive Earnings and Guidance
Thursday, June 19, 2014 - 4:58pm | 611Kroger (NYSE: KR) released the results of its Q1 2014 sales and guidance in its conference call Thursday morning. Kroger CEO Rodney McMullen expressed concerns of grocery inflation, but added that consumers are less cautious about spending. Overall Kroger's Q1 2014 conference call was relatively...
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Food Stamp Cuts Affect Retailers and Consumers
Friday, November 1, 2013 - 10:52am | 573With the expiration Friday of $16 billion in Supplemental Nutrition Assistance Program, or SNAP, benefits first enacted in 2009, approximately 48 million Americans will see cuts in their food stamp benefits. The cuts, which average $36 a month for a family of four, will not just affect those...