KR
The Kroger Co.
September 11, 2026 · market open
- Rarity
- 1.07
- Peak move
- +4.35%
- Float cap
- $34.7B
The Kroger Co. operates supermarkets, retail pharmacies, and fuel centers, primarily selling groceries and consumer products to customers in stores and through online pickup and delivery platforms. It also offers private-label brands and retail media services that help consumer-packaged goods companies target shoppers. Its revenues come mainly from consumer product and fuel sales.
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What we found
18 events · 2 from SEC or newswire · 0 timed with the movedividend_changeKroger increased its quarterly dividend by 11% to $0.39 per share from $0.35, an annualized payout of $1.56, marking its 20th consecutive year of dividend increases.
buybackKroger repurchased $1.0 billion of shares in Q2 2026, taking year-to-date repurchases to $1.2 billion under its $2 billion board authorization announced in December 2025, with about $800 million remaining.
public_healthA summer 2026 cyclosporiasis outbreak linked to iceberg lettuce caused Kroger shoppers to avoid the produce section, shaving 0.35% (over $100 million) off identical store sales excluding fuel in Q2, with lingering impacts into Q3.
- Key event
earnings_releaseKroger reported second-quarter 2026 sales of $34.6 billion, operating profit of $971 million and EPS of $1.05, with identical sales without fuel up 0.2%, for the quarter ended August 15, 2026.
SEC8-K 0001104659-26-106890 - Key event
guidance_changeKroger reaffirmed full-year 2026 adjusted EPS guidance and lowered its full-year 2026 identical sales without fuel guidance.
SEC8-K 0001104659-26-106890 - Key event
executive_remarkCFO David Kennerley said on Kroger's Q2 earnings call that identical sales without fuel guidance was lowered to 0.2%-0.8% including a roughly 140 basis point Inflation Reduction Act headwind, with the fourth-quarter IRA impact expected to rise to about 150 basis points as high-cost drugs are added to the formulary.
acquisition_acquirerKroger discussed its proposed $1.65 billion acquisition of Giant Eagle on its Sept. 11, 2026 earnings call, saying the deal would bring numerous supermarkets and pharmacies under Kroger, aligning with new CEO Greg Foran's operational improvement focus.
investor_dayKroger said it will host an investor update meeting on October 20, 2026, where it will share additional detail on strategic initiatives and longer-term financial targets.
investigative_reportThe Center for Responsible Food Business released a report on Sept. 9, 2026 citing Ohio government records from 389 inspections between 2022 and mid-2026 that found overcharging at more than one in three Kroger stores examined across nine jurisdictions, with 58 of the 389 inspections failing and 644 incorrect prices.
analyst_ratingCitigroup analyst Paul Lejuez cut his Kroger price target to $57 from $61 with a Neutral rating and placed the stock on a 30-day downside catalyst watch, while Evercore ISI's Michael Montani cut his target to $75 from $78 with an Outperform rating and Deutsche Bank lowered its target to $68 from $79 while maintaining a Buy rating.
peer_disclosureKroger said its second-quarter adjusted eCommerce sales grew 20% and profit at its retail-media unit Kroger Precision Marketing rose 24%, with private-label 'Our Brands' outpacing national brands by 250 basis points.
product_launchKroger began delivering GLP-1 prescriptions alongside grocery orders to expand its healthcare convenience offering and increase digital engagement and pharmacy revenue.
executive_appointmentKroger hired Mark Ibbotson as executive vice president and chief store operations officer, effective September 14, along with Emily DiMartino as chief people officer and Nate Faust as EVP and chief e-commerce officer.
commodity_eventU.S. ground beef prices rose roughly 10% over the past year to about $6.89 per pound, and the Trump administration planned to allow up to 300,000 metric tons of imported ground beef at 25% below market rates starting Sept. 1.
institutional_flowAmundi increased its Kroger position by 18.3% in the second quarter, buying 610,039 additional shares to hold 3,942,230 shares worth about $218.9 million, per its latest 13F disclosure, while Winton Group cut its position by 12.7% to 267,802 shares worth $14.87 million.
product_launchProtein Pints announced that its Protein Pops bars are rolling out at Target and Sprouts nationwide, with availability across Kroger's Family of Stores beginning September 13, 2026.
litigation_outcomeOn September 8, 2026, Ohio's Court of Common Pleas dismissed all claims in a shareholder derivative action against Kroger's directors and former CEO over opioid distribution exposure, holding the complaint failed to plead demand futility with particularity.
regulatory_actionThe US Department of Justice antitrust division expanded its investigation into beef affordability to include eight major grocers, sending letters to Kroger, Walmart, Costco, Amazon, Albertsons, Aldi, Publix and Ahold Delhaize USA over six years of beef pricing, purchasing and margins.