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  • Previous Rank
    42
  • Revenues ($M)
    $115,337
  • Revenue Percent Change
    5%
  • Profits ($M)
    $1,975
  • Profits Percent Change
    -3.1%
  • Assets ($M)
    $36,505
  • Employees
    443,000

Most of the supermarket industry has fallen prey to Walmart’s drive into grocery over the last decade. Not Kroger. The Midwestern supermarket giant had a knockout 2015 with an 18% jump in profits. The following year wasn’t so kind. A deflationary environment “read: aggressive industry promotions that reduce earnings” weighed down the entire category in 2016. Still, the U.S.’s second-largest food retailer has a robust strategy. It will need it as it fights shaky consumer confidence and low commodity costs. Kroger was founded in 1883 and is headquartered in Cincinnati, Ohio.

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Company Information

CEO
W. Rodney McMullen
Sector
Food & Drug Stores
Industry
Food and Drug Stores
HQ Location
Cincinnati, OH
Websitehttp://www.thekrogerco.com
Years on Global 500 List23
Employees443,000
Figures are for fiscal year ended Jan. 31, 2017.

Kroger Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$115,3375%
Profits ($M)$1,975-3.1%
Assets ($M)$36,505-
Total Stockholder Equity ($M)$6,698-

Profit Ratios

Profit as % of Revenues1.7%
Profits as % of Assets5.4%
Profits as % of Stockholder Equity29.5%