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Global 500

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42

Kroger

KR

U.S.

Most of the supermarket industry has fallen prey to Walmart’s drive into grocery over the last decade–but not Kroger. The Cincinnati-based supermarket giant continued its streak in its last fiscal year, as profits jumped 18%, market share increased, and same-store sales grew 5% (excluding fuel) for the year. The fourth quarter of 2015 marked Kroger’s 49th consecutive quarter of same-store sales growth. The 133-year-old company kept up its acquisition tear by buying the Roundy chain, giving Kroger a foothold in Wisconsin. The company has pursued a robust private label line, with about 40% of its own brand made by the company’s facilities that include dairies, delis, cheese plants, and bakeries. This current fiscal year might not be as rosy for the U.S.’s second-largest food retailer. Kroger has warned that its sales growth could be perhaps the worst in more than a decade in part due to shaky consumer confidence and low commodity costs.

CEO

W. Rodney McMullen

Sector

Food & Drug Stores

Industry

Food and Drug Stores

HQ Location

Cincinnati, OH

Employees

431,000

Years on Global 500 List

22

Figures are for fiscal year ended Jan. 31, 2016.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$109,8301.3%
Profits ($M)$2,03918.0%
Assets ($M)$33,897
Total Stockholder Equity ($M)$6,820
Profit Ratios
Profit as % of Revenues1.9%
Profits as % of Assets6.0%
Profits as % of Stockholder Equity29.9%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

News about Kroger

Here's What Stores Are Open (and Closed) on Thanksgiving 2018

Whether it's last minute shopping or getting a jump on Black Friday, here's where you can and can't go.

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The Ghost of Toys R Us Will Haunt Kroger Stores This Holiday Season

Geoffrey's Toy Box will be just a few aisles over from produce.

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Another 300,000 Pounds of Ready-to-Eat Products Recalled From Kroger

Officials warn of possible salmonella and listeria contamination.

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Kroger Is Piloting Grocery Pickup in Walgreens Stores in Retail's Latest Plan to Fight Amazon

The partnership will also bring Kroger's private-label brands to Walgreens shelves.

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Kroger Will Eliminate Plastic Bags in Its Grocery Stores by 2025

Move by nation's largest grocery will also impact Harris Teeter and Ralph's stores.

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Videos about Kroger

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