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  • Previous Rank40
  • Revenues ($M)$122,662
  • Revenue Percent Change6.4%
  • Profits ($M)$1,907.00
  • Profits Percent Change-3.4%
  • Assets ($M)$37,197.00
  • Employees449,000

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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Company Information

CEO
W. Rodney McMullen
Sector
Food & Drug Stores
Industry
Food & Drug Stores
HQ Location
Cincinnati
Websitehttp://www.thekrogerco.com
Years on Global 500 List24
Employees449,000
Figures are for fiscal year ended Jan. 31, 2018.

Kroger Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$122,6626.4%
Profits ($M)$1,907.00-3.4%
Assets ($M)$37,197.00-
Total Stockholder Equity ($M)$6,931.00-

Profit Ratios

Profit as % of Revenues1.6%
Profits as % of Assets5.1%
Profits as % of Stockholder Equity27.5%