Employees ring customers up at registers inside a Kroger Co. grocery store in Birmingham, Michigan, U.S., on Tuesday, March 1, 2016. Kroger Co. is scheduled to release earnings figures on March 3. Photographer: Sean Proctor/Bloomberg via Getty ImagesSean Proctor — Bloomberg via Getty Images
- Previous Rank17
- Revenues ($M)115337
- Revenue Percent Change5
- Profits ($M)1975
- Profits Percent Change-3.1
- Assets ($M)36505
- Employees443000
- Market Value — as of March 31, 2017 ($M)26961
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.
Company Info
| CEO | W. Rodney McMullen |
| CEO Title | Chairman & Chief Executive Officer |
| Sector | Food & Drug Stores |
| Industry | Food and Drug Stores |
| HQ Location | Cincinnati, OH |
| Website | www.thekrogerco.com |
| Years on Fortune 500 List | 23 |
| Employees | 443,000 |
Key Financials (Last Fiscal Year)
| Revenues ($M) | $115,337 |
| Profits ($M) | $1,975 |
| Assets ($M) | $36,505 |
| Total Stockholder Equity ($M) | $6,698 |
| Market Value — as of March 31, 2017 ($M) | $26,961 |
Profit Ratios
| Profit as % of Revenues | 1.7% |
| Profits as % of Assets | 5.4% |
| Profits as % of Stockholder Equity | 29.5% |
Earnings Per Share (Last Fiscal Year)
| Earnings Per Share ($) | 2.05 |
| EPS % Change (from 2015) | -0.5% |
| EPS % Change (5 year annual rate) | 32.3% |
| EPS % Change (10 year annual rate) | 10.3% |
Total Return
| Total Return to Investors (2016) | -16.4% |
| Total Return to Investors (5 year, annualized) | 25.2% |
| Total Return to Investors (10 year, annualized) | 13.3% |