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  • Previous Rank
    54
  • Revenues ($M)
    $109,830
  • Revenue Percent Change
    1.3%
  • Profits ($M)
    $2,039
  • Profits Percent Change
    18%
  • Assets ($M)
    $33,897
  • Employees
    431,000

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.

Company Information

Figures are for fiscal year ended Jan. 31, 2016.
CEO
W. Rodney McMullen
Sector
Food & Drug Stores
Industry
Food and Drug Stores
HQ Location
Cincinnati, OH
Employees431,000
Websitehttp://www.thekrogerco.com
Years on Global 500 List22
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Kroger Rank History

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Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$109,8301.3%
Profits ($M)$2,03918%
Assets ($M)$33,897-
Total Stockholder Equity ($M)$6,820-

Profit Ratios

Profit as % of Revenues1.9%
Profits as % of Assets6%
Profits as % of Stockholder Equity29.9%