Kroger Co. (The)

KR

US5010441013

Food Retail & Distribution

Market Closed - Nyse Other stock markets 21:00:03 28/06/2024 BST			5-day change	1st Jan Change
49.93 ^USD	+1.13%		-0.56%	+9.23%

06-27	Kroger Lifts Quarterly Dividend by 10% to $0.32 a Share, Payable Sept. 1 to Shareholders of Record Aug. 15	MT
06-27	The Kroger Co. Approves Quarterly Dividend, Payable on September 1, 2024	CI

Dough You Know? Unpacking Recent Claims Of False Advertising Against Kroger's Carbmaster Bread

June 25, 2024 at 03:14 pm

Litigation Partner James Molen authored "Dough you know? Unpacking recent claims of false advertising against Kroger's Carbmaster bread" in the Daily Journal.

Excerpt:

If it sounds too good to be true, it probably is.

This is the message of a recent lawsuit filed by the district attorneys of Santa Barbara and Ventura counties against Kroger, the parent company of such popular supermarket chains as Ralphs and Food 4 Less, alleging claims of false advertising and violations of California's unfair competition laws.

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Daily Journal (subscription required)

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

James Molen
Greenberg Glusker Fields Claman & Machtinger
2049 Century Park East
Suite 2600
Los Angeles
CA 90067
UNITED STATES
Tel: 310553 3610
E-mail: sgandhi@greenbergglusker.com
URL: www.greenbergglusker.com

Latest news about Kroger Co. (The)

Kroger Lifts Quarterly Dividend by 10% to $0.32 a Share, Payable Sept. 1 to Shareholders of Record Aug. 15	06-27	MT
The Kroger Co. Approves Quarterly Dividend, Payable on September 1, 2024	06-27	CI
Morgan Stanley Adjusts Price Target on Kroger to $57 From $58	06-24	MT
Wolfe Research Trims Price Target on Kroger to $59 From $60	06-21	MT
JPMorgan Adjusts Price Target on Kroger to $58 From $60	06-21	MT
Deutsche Bank Adjusts Price Target on Kroger to $53 From $54	06-21	MT
S&P 500 ends lower after record high; Nvidia dips	06-20	RE
Consumer Stocks Show Strains on Shoppers -- Consumer Roundup	06-20	DJ
S&P 500 drops after reaching record high on economic data	06-20	RE
Sector Update: Consumer Stocks Slipping in Afternoon Trading	06-20	MT
Sector Update: Consumer	06-20	MT
Kroger's Fiscal First-Quarter Revenue Unexpectedly Rises, Affirms Full-Year Outlook	06-20	MT
S&P 500, Nasdaq scale record highs as Nvidia lengthens its lead	06-20	RE
KROGER EXEC SAYS "WITHIN OUR MOST BUDGET CONSCIOUS HOUSEHOLDS, W…	06-20	RE
KROGER EXEC SAYS WILL CONTINUE TO SEE PRESSURE IN HEALTH AND WEL…	06-20	RE
Transcript : The Kroger Co., Q1 2025 Earnings Call, Jun 20, 2024	06-20
KROGER SHARES UP 1.8% AFTER CO BEATS Q1 SAME-STORE SALES AND PRO…	06-20	RE
Sector Update: Consumer Stocks Steady Premarket Thursday	06-20	MT
Central bank bonanza	06-20
Sector Update: Consumer	06-20	MT
McDonald's $5 meal deal to launch next week as fast-food chains woo frugal customers	06-20	RE
Kroger's Fiscal Q1 Adjusted Net Earnings Fall, Sales Rise; 2024 EPS Guidance Reaffirmed; Share Buyback Plan Paused	06-20	MT
Earnings Flash (KR) THE KROGER CO. Posts Q1 Revenue $45.27B	06-20	MT
Earnings Flash (KR) THE KROGER CO. Reports Q1 Adjusted EPS $1.43	06-20	MT
The Kroger Co. Reaffirms Earnings Guidance for the Full-Year of 2024	06-20	CI

Chart Kroger Co. (The)

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Company Profile

Kroger Co. is one of the American leaders in food products distribution. Net sales break down by activity as follows: - distribution of non-perishable food products (50.6%). In addition, the group offers general merchandise products (apparel, home fashion and furnishings, outdoor living, electronics, automotive products and toys), health care and beauty products, and natural products; - distribution of fresh produce (24.6%): fruit and vegetables, meat products, seafood, fine groceries, bakery products, fresh prepared products, etc.; - operation of supermarkets with service stations (10.6%); - distribution of pharmaceutical products (9%); - other (5.2%): primarily manufacturing of food products for third parties through 33 production sites (bakeries and dairy plants) located in the United States. As of 29/02/2022, As of January 29, 2022, business is ensured through 2,726 supermarkets (of which 2,252 had pharmacies and 1,613 had fuel centers). All sales are in the United States.

Sector

Food Retail & Distribution

Calendar

05/09/2024 - Q2 2024 Earnings Release (Projected)

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S&P 500

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Income Statement Evolution

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Analysis / Opinion

INTERVIEW - Kroger CEO Rodney McMullen confident about $24bn Albertsons buyout

May 11, 2023 at 05:15 pm

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Ratings for Kroger Co. (The)

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

49.93 USD

Average target price

58.06 USD

Spread / Average Target

+16.29%

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Other Food Retail & Distribution

Kroger Co. (The)

Equities

KR

US5010441013

Food Retail & Distribution

Dough You Know? Unpacking Recent Claims Of False Advertising Against Kroger's Carbmaster Bread

EPS Revisions