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Global 500

Courtesy of Kroger

39

Kroger

KR

U.S.

Lower food prices and increasing competition may be good news for shoppers, but not for grocery store profit margins. Kroger, the biggest supermarket owner in the U.S., has so far weathered the storm. In fiscal 2017, Kroger nearly doubled its online sales and grew its total sales by 6.4% to $122.7 billion. The midwestern giant also created 10,000 new jobs and paid its shareholders $444 million in dividends. With more than 2,000 stores from coast to coast, Kroger has both scale and reach. As price wars intensify, Kroger is best poised to compete with Amazon in 2018 as the e-commerce giant slashes prices at its newly acquired Whole Foods Stores and continues to disrupt the retail food industry.

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CEO

W. Rodney McMullen

Sector

Food & Drug Stores

Industry

Food & Drug Stores

HQ Location

Cincinnati

Years on Global 500 List

24

Employees

449,000

Figures are for fiscal year ended Jan. 31, 2018.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$122,6626.4%
Profits ($M)$1,907.0-3.4%
Assets ($M)$37,197
Total Stockholder Equity ($M)$6,931
Profit Ratios
Profit as % of Revenues1.6%
Profits as % of Assets5.1%
Profits as % of Stockholder Equity27.5%
STOCK QUOTE
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • 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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