News
KR
55.57
+0.56%
0.31
Ibotta IPO jumps as investors continue to buy into AI hype
Shares of digital marketing firm Ibotta IPO jumps 33% on Thursday. The company raised $577M in its initial public offering. The Denver-based company uses an artificial intelligence-infused offer engine to offer cash back rewards to consumers. The IPO was oversubscribed and valued the company at $2.7B.
Seeking Alpha · 1d ago
Maintaining Buy Rating on Kroger: Growth, Strategic Investments, and Positive Financial Outlook
TipRanks · 1d ago
Kroger Invites Prospective Associates to Discover a Career
The Kroger Co. Is hiring for salaried and hourly roles in retail, supply chain, healthcare and delivery. Candidates are invited to explore rewarding roles across the business. Kroger is recognized for its industry-leading benefits, culture and commitment to supporting veterans.
PR Newswire · 2d ago
Amazon expands its smart grocery cart initiative to third-party retailers
Consumer Amazon expands its smart grocery cart initiative to third-party retailers. Dash Carts track and tally up items while customers shop. The smart grocery carts are currently available at select Whole Foods Market and Amazon Fresh stores and will soon be available at all U.S. Grocery stores.
Seeking Alpha · 2d ago
UPDATE 3-US FTC preparing to sue to block $8.5 bln takeover of Capri by Tapestry, NYT Dealbook reports
US FTC preparing to sue to block $8.5 bln takeover of Capri by Coach parent Tapestry, NYT Dealbook reports. The FTC is preparing to block the deal to buy Michael Kors owner Capri CPRI.N, report says. The deal received regulatory clearance from the European Union and Japan on Monday.
Reuters · 2d ago
Kroger Company (KR) Receives a Buy from Evercore ISI
TipRanks · 2d ago
Evercore ISI Group Maintains Outperform on Kroger, Lowers Price Target to $62
Benzinga · 3d ago
Sewing Down South for HD Designs Hits Kroger Stores Nationwide
Bravo's Southern Charm star Craig Conover and retailer launch home-décor collaboration. SDS for HD Designs home goods and entertaining must-haves are exclusively sold at Kroger Family of Stores. The collection features more than 40 items to add polish and southern charm to dinner parties.
PR Newswire · 3d ago
Kroger's could conduct 'huge' share repo if Albertson's merger shelved - analyst
Consumer Kroger's could conduct 'huge' share repo if Albertson's merger shelved - analyst. Potential gains in its alternative value business are expected to be in the double digits in 2024. Wells Fargo upgraded Kroger to Overweight and lifted the price target to $65.
Seeking Alpha · 3d ago
KROGER SHARES UP 2% AFTER WELLS FARGO RAISES TO OVERWEIGHT FROM EQUAL WEIGHT, LIFTS PT
Reuters · 3d ago
BUZZ-U.S. STOCKS ON THE MOVE-US Health Insurers, Palisade Bio, Dynatronics
Dow e-minis expected to open higher on Tuesday. Wall Street's main stock indexes on track for a higher open. Health insurers lead the charge after upbeat results from industry major UnitedHealth. Palisade Bio, Dynatronics and Newmont among top Nasdaq percentage gainers.
Reuters · 3d ago
Analyst Ratings For Kroger
Ratings for Kroger were provided by 13 analysts in the past three months. The 12-month price targets assessed by analysts have an average target of $58.0. Kroger is one of the largest grocery retailers in the United States. The company has a positive revenue growth rate of 6.44% over the past year.
Benzinga · 3d ago
Ibotta boosts IPO size as investors eye the AI-enhanced digital marketing play
Digital marketing company Ibotta (IBTA) is looking to raise about $551M in an upsized initial public offering. The company has built the largest digital item-level promotions network in the U.S. With major retailers such as Walmart. The IPO uses an AI-enhanced offer engine to target consumers.
Seeking Alpha · 3d ago
Kroger Raised to Overweight From Equal-Weight by Wells Fargo
Dow Jones · 3d ago
Kroger Price Target Raised to $65.00/Share From $58.00 by Wells Fargo
Dow Jones · 3d ago
Wells Fargo Upgrades Kroger to Overweight, Raises Price Target to $65
Benzinga · 3d ago
BUZZ-U.S. STOCKS ON THE MOVE-Macatawa Bank, Kroger, International Paper
U.S. Stock index futures edged lower on Tuesday. Dow e-minis were up 0.56% in early trading. Investors remain wary of the conflict in the Middle East. Macatawa Bank, Kroger, International Paper are among the top stocks on the day.
Reuters · 3d ago
BUZZ-Wells Fargo upgrades Kroger to 'overweight' on improving fundamentals
Wells Fargo upgrades Kroger to 'overweight' on improving fundamentals. Shares of department store operator The Kroger Co KR.N up 1.05% in premarket trade. Company's alternate value business generated $1.3 billion in profit in 2013. KR has risen 18.6% in past 12 months.
Reuters · 3d ago
KROGER SHARES UP 1.1% PREMARKET AFTER WELLS FARGO RAISES TO OVERWEIGHT FROM EQUAL WEIGHT, RAISES PT
Reuters · 3d ago
KROGER CO <KR.N>: WELLS FARGO RAISES TO OVERWEIGHT FROM EQUAL WEIGHT; RAISES TARGET PRICE TO $65 FROM $58
Reuters · 3d ago
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About KR
The Kroger Co. is a food and drug retailer. The Company operate supermarkets, multi-department stores and fulfillment centers throughout the United States. It operates approximately 2,722 supermarkets, 2,257 pharmacies and 1,665 fuel centers in 35 states and the District of Columbia while also operating online through a digital ecosystem to offer customers an omnichannel shopping experience. The Company also manufactures and processes food for sale by its supermarkets and online. It offers Pickup and Harris Teeter ExpressLane personalized, order online, pick up at the store services at 2,350 of its supermarkets and provide delivery, which allows it to offer digital solutions to substantially all of its customers. Its delivery solutions include orders delivered to customers from retail store locations, customer fulfillment centers powered by Ocado and orders placed through third-party platforms. The Company also offers customer-facing apps and interfaces.