Kroger Company Stock Prospects (The) (KR)


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Kroger, located in Cincinnati, operated about 2,700 retail supermarkets and multi -department stores in 35 provinces at the end of FY24. We estimate that these stores have generated over 90% of the company's $ 150 billion in sales in FY24. KR also operated 1,665 supermarket fuel centers, more than 225 small clinics, and 33 US food processing plants in which these plants make about 31% of KR private brand units. The company's name plates include Kroger, Ralphs, Fred Meyer, Food 4 Less, King Scoopers, Smith's, Fry's, Dillon's, City Market and Harris Teeter. About 15% of supermarkets are in California, 9% are Ohio and 8% in Texas. Wal-Mart and Sam's Club are primary competitors in most large markets. KR has pharmacies in about 82% of its food stores. The company has 179 million square feet of supermarket space. KR completed a sale of 782 convenience stores in the first quarter of FY19.

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