During a time of high inflation and supply-chain issues, grocery chain Kroger remained competitive by focusing on its digital infrastructure; the company reported in 2021 that its e-commerce sales had grown by 113% over the previous two years. Investors benefited from the continued pandemic boom in grocery sales, with Kroger shareholders earning a total return of 45% in 2021. Some Kroger workers, however, felt left out: In a survey of more than 36,000 Kroger employees, published by the Economic Roundtable in January 2022, about three-quarters reported suffering from food insecurity. (Kroger has characterized the survey as misleading and says that it pays wages and benefits higher than those of its retail peers.)
Frederic J. Brown—AFP/Getty Images
Company Information
As of 8/3/2022
Country
U.S.
Headquarters
Cincinnati
Industry
Food & Drug Stores
CEO
W. Rodney McMullen
Website
Company Type
Public
Ticker
KR
Revenues ($M)
$137,888
Profits ($M)
$1,655
Market Value ($M)
$33,846
Employees
420,000
Figures are for fiscal year ended Jan. 31, 2022. Market value as of July 19, 2022.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$137,888
4.1%
Profits ($M)
$1,655
-36%
Assets ($M)
$49,086
-
Total Stockholder Equity ($M)
$9,452
-
Profit Ratios
Profit as % of Revenues
1.2%
Profits as % of Assets
3.4%
Profits as % of Stockholder Equity
17.5%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
217
EPS % Change (from 2020)
-33.6%
EPS % Change (5 year annual rate)
1.1%
EPS % Change (10 year annual rate)
15.7%
Total Return
Total Return to Investors (2021)
45.4%
Total Return to Investors (5 year, annualized)
7.7%
Total Return to Investors (10 year, annualized)
16.1%
Kroger Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $132,4988.4% | $2,58555.8% | $48,662 | $9,576 |
| 2020 | $122,2860.9% | $1,659-46.7% | $45,256 | $8,602 |
| 2019 | $121,162-1.2% | $3,11063.1% | $38,118 | $7,886 |
| 2018 | $122,6626.4% | $1,907-3.4% | $37,197 | $6,931 |
| 2017 | $115,3375% | $1,975-3.1% | $36,505 | $6,698 |
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