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Kroger, Offset Soft Outlook

Kroger Posts a Mixed Quarter and Soft Guidance. The Stock Rises Anyway.

Kroger anticipates adjusted earnings in the current fiscal year range of $4.60 to $4.80 a share. Analysts were expecting $4.81 a share.

Investopedia on MSN · 4h

Kroger Stock Jumps, as Better-than-Estimated Earnings Offset Soft Outlook

KEY TAKEAWAYS Kroger shares are jumping Thursday morning as the grocery chain's better-than-expected quarterly earnings offset a soft outlook.The grocery chain said earlier this week that CEO and Chairman Rodney McMullen had resigned after a probe on his personal conduct.

Investor's Business Daily on MSN · 1h

Kroger Stock Pops Into Buy Range On Earnings Beat

The Kroger earnings report showed a less-than-feared decline. Kroger stock jumped as online grocery sales grow double digits.

Barron's on MSN · 6h

Kroger Stock Falls After Earnings and Soft Guidance

Kroger anticipates adjusted earnings in the current fiscal year range of $4.60 to $4.80 a share. Analysts were expecting $4.81 a share.

Albertsons CEO to step down

Arizona Republic on MSN · 2d

Kroger, Albertsons CEOs both leaving their roles after failed $25B acquisition

The CEOs of both Kroger Co. and Albertsons Companies Inc., the two grocery giants that were involved in a failed mega-acquisition attempt, are both leaving their respective companies. Cincinnati-based Kroger announced Monday morning that Rodney McMullen resigned from the company “following a board investigation of his personal conduct that,

Idaho Statesman · 1d

Albertsons CEO to step down after Kroger merger fails. What he says about grocer’s future

The announcement Monday came the same day that Kroger’s CEO, Rodney McMullen, resigned after an investigation by the Cincinnati grocery company’s board into his “personal conduct.” That undisclosed conduct, “while unrelated to the business, was inconsistent with Kroger’s Policy on Business Ethics,” Kroger said in a news release.

The Dallas Morning News · 2d

Albertsons CEO also out after failed merger with Kroger

Albertsons said on Monday that its CEO Vivek Sankaran would be retiring and insider Susan Morris would assume the role, effective May 1.

2don MSN

Kroger CEO's resignation comes at crucial time for grocery chain

Kroger board member Ron Sargent is taking the helm at the nation’s largest supermarket chain as questions about former CEO ...

1hon MSN

Supermarket giant Kroger says egg prices jumped 70% — but it’ll handle inflation from tariffs better than others

Kroger’s stock rose Thursday after the supermarket giant said it’s better suited than others to handle the impact of trade ...

Progressive Grocer2h

Kroger Delivers Mixed Q4 Following CEO Exit

"Kroger's 2024 results demonstrate the resilience of our value creation model, which is generating solid results and strong ...

Kroger gives upbeat outlook while questions swirl around CEO

Kroger is seeking a new path forward after the company said its long-tenured chief executive officer, Rodney McMullen, ...

Albertsons appoints insider to top role as CEO Vivek Sankaran to retire

Albertsons said on Monday its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role, as the ...

2hon MSN

Kroger Seeks to Shuffle Supply Chain, Sidestep Tariffs

The grocery chain gave a disappointing profit forecast for the year, days after the abrupt resignation of its longtime CEO.

Kroger 4Q Sales Decline Beyond Estimates, Results Come Days After McMullen's Sudden Departure

The Cincinnati company's results come just days after the abrupt resignation of long-time Chief Executive Officer and Chairman Rodney McMullen over personal conduct. They're also the first since a ...

Kroger confronts tariffs head-on

America’s biggest grocery chain said it is focused on finding a permanent new CEO and shifting purchases to countries not ...

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Kroger, Offset Soft Outlook

Albertsons CEO to step down

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