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1. Kroger Cuts Sales Forecast on Falling Food Prices
- Monday, September 12, 2016
Kroger reported weaker-than-expected revenue Friday, Sept. 9, and said it was hurt by falling prices for eggs, meats and other products, forcing it to lower its sales forecast for the year.
The supermarket operator said it expects the price weakness to continue into next year, but CEO Rodney McMullen expressed confidence that it "won't last forever."
2. Kroger: Storm Response Helped Boost Sales
- Friday, March 7, 2014
NEW YORK (AP) – Kroger said its ability to keep its supermarkets open and well-stocked as customers rushed to hoard groceries ahead of winter storms helped boost its results in the fourth quarter.
3. Kroger CEO Dillon to Retire in January
- Monday, September 23, 2013
Kroger CEO David Dillon will retire from that post when the new year begins but will stay on for another year as chairman. President and Chief Operating Officer W. Rodney McMullen will step into the CEO role as part of its long-term succession plan.
4. Kroger Bets Shoppers Will Stay Loyal
- Friday, June 21, 2013
NEW YORK (AP) — Kroger says its customers are doing more of their shopping at its supermarkets, helped in part by the popularity of its store brands.
The country's largest traditional supermarket operator on Thursday raised its profit outlook for the year after reporting a higher quarterly net income that beat Wall Street expectations, although overall sales were shy of forecasts.
5. Kroger 3Q Profit Dips But Tops Wall Street's View
- Friday, December 2, 2011
Kroger Co. says its customers are feeling increasingly stressed as they face pressure from both the weak economy and higher food costs.
6. Kroger 1Q Profit, Revenue Jump; Raises Outlook
- Friday, June 17, 2011
CINCINNATI (AP) – Kroger Co. rang up double-digit jumps in first-quarter revenue and net income, as the grocery chain's fuel stations and loyalty discounts helped draw more frequent shoppers when gas and grocery prices rose.
7. Grocery Chain Expands $1-a-Gallon Gas Discount
- Monday, May 30, 2011
CINCINNATI (AP) – The Kroger Co. is pumping up its fuel discount program, more than tripling the number of grocery stores where regular shoppers can get up to a $1-a-gallon discount on a tankful of gas.
8. Grocer Kroger Cautiously Upbeat, Says Q4 Profit Up
- Monday, March 7, 2011
CINCINNATI (AP) – The nation's largest traditional grocery chain says more households are buying most of their groceries at its stores while stretching out their spending over more trips as they face higher food and gas prices.
9. Kroger Cuts Guidance as Q2 Profit Falls 8 Pct
- Wednesday, September 16, 2009
CINCINNATI (AP) - The nation's largest grocery store operator says worried shoppers are still cautiously stretching their dollars by coming in more often while buying only what they need right away and at the lowest prices.
10. Vice Chairman to Become Kroger President
- Friday, June 26, 2009
CINCINNATI (AP) - The nation's largest traditional grocery store chain said Thursday the company will have a new president.
The Kroger Co. announced at its annual shareholders meeting that W. Rodney McMullen, currently vice chairman, will succeed Don McGeorge as president and chief operating officer on Aug. 1. McGeorge, 55, is retiring after 32 years at the Cincinnati-based company.