In this file:
· Kroger Fourth Quarter Conference Call with Investors
· The Kroger Co. (NYSE:KR) is moving forward with plans for new Marketplace
Kroger Fourth Quarter Conference Call with Investors
Source: The Kroger Co.
via PRNewswire - Feb 16, 2017
CINCINNATI, Feb. 16, 2017 /PRNewswire/ -- The Kroger Co. (NYSE: KR) will host a conference call with investors on Thursday, March 2, 2017 at 10 a.m. (ET) to discuss financial results for the fourth quarter 2016.
The presentation will be broadcast online at ir.kroger.com. Click on "Quarterly Results" to access the event. An on-demand replay of the webcast will be available at approximately 1 p.m. (ET) on Thursday, March 2, 2017.
Every day, the Kroger Family of Companies makes a difference in the lives of eight and a half million customers and 443,000 associates who shop or serve in 2,796 retail food stores under a variety of local banner names in 35 states and the District of Columbia. Kroger and its subsidiaries operate an expanding ClickList offering – a personalized, order online, pick up at the store service – in addition to 2,253 pharmacies, 787 convenience stores, 324 fine jewelry stores, 1,439 supermarket fuel centers and 38 food production plants in the United States. Kroger is recognized as one of America's most generous companies for its support of more than 100 Feeding America food bank partners, breast cancer research and awareness, the military and their families, and more than 145,000 community organizations including schools. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable.
SOURCE The Kroger Co.
The Kroger Co. (NYSE:KR) is moving forward with plans for new Marketplace
Andrea Monzales, Benchmark Monitor
Feb 16, 2017
The Kroger Co. (NYSE:KR) said that, it is moving forward with plans for a new Marketplace in Liberty Township. The Cincinnati-based grocery giant and Oberer affiliate Kyles Station Developers Ltd. announced in a press release today that they had closed on 18 acres for the project. Kroger had previously announced plans in 2014 for the new Liberty Township location to replace an existing location about a mile away. The township has approved plans for the 134,000-square-foot Kroger Marketplace and gas station, which will be constructed by the Route 4 and Kyles Station Road intersection. Butler County property records show Kyles Station Developers Ltd. bought the land for $2 million in a sale recorded Jan. 26. The sale closing is the third Kroger deal completed by Oberer within the last year, the other two being at Cornerstone of Centerville and Valle Greene North in Fairborn.
At the movement The Kroger Co. (NYSE:KR) is under coverage by number of analysts. Buy rating has been given by 9 analysts to the company stock whereas 1 analyst given UNDERPERFORM rating to stock and 9 analysts given HOLD rating. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.20 on scale of 1-5. Analysts mean target price for The Kroger Co. (NYSE:KR) is $36.00 while their mean recommendation is 2.20 (1=Buy, 5=sell).
If we look at stock performance in last active day trading...