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Earnings Whisper ®
1st Quarter April 2023
Revenue: $45.38 Bil
7:15 AM ET
Thursday, March 2, 2023
Kroger Reports Fourth Quarter and Full-Year 2022 Results Announces Growth Expectations for 2023
What do you expect when KR reports earnings?
Where is KR's stock price going from here?
The Kroger Co. is one of the world's largest food retailers. The Kroger Co. formats include supermarkets, price-impact warehouse stores, and multi-department stores, which are similar to supercenters, but offer an expanded variety of national brand appeal and general merchandise. Kroger also operates convenience stores, C-stores provide valuable synergies for the rapid expansion of supermarket fuel centers. Kroger fine jewelry stores under names like Fred Meyer Jewelers and Littman Jewelers. This is a high-margin business with good cash flow. Kroger is the only major U.S. supermarket company to operate an economical three-tier distribution system. Kroger also operates food production or manufacturing facilities producing high quality private-label products that provide value for customers and enhanced margins for Kroger. Kroger operates supermarket fuel centers, which are a natural addition to one-stop-shopping strategy.