Kroger Seeks to Shuffle Supply Chain, Sidestep Tariffs
The grocery chain gave a disappointing profit forecast for the year, days after the abrupt resignation of its longtime CEO.
Ex-CEO of Kroger Rodney McMullen forfeits $11.2M pay package after exiting over ‘personal conduct’
McMullen, 64, earned $15.7 million in 2023. The compensation included nearly $673,000 in performance-based incentive pay, according to SEC filings.
Grocery Dive8m
Kroger posts mixed Q4 results as it begins search for new CEO
The company plans to consider internal and external candidates to replace former chief executive Rodney McMullen, Chairman and interim CEO Ronald Sargent told investors Thursday.
Kroger 4Q Sales Decline Beyond Estimates, Results Come Days After McMullen's Sudden Departure
The Cincinnati company's results come just days after the abrupt resignation of long-time Chief Executive Officer and Chairman Rodney McMullen over personal conduct. They're also the first since a ...
Drug Store News5h
Kroger reports Q4, full year results
Kroger’s total company sales were $34.3 billion in the fourth quarter compared to $37.1 billion for the same period last year ...
Supermarket giant Kroger's downbeat profit view reflects factors 'outside our control'
For the fourth quarter, Kroger's adjusted earnings of $1.14 a share beat the FactSet consensus estimate of $1.11 a share. Fourth-quarter revenue fell to $34.31 billion from 437.06 billion and came in ...
Progressive Grocer1h
Kroger Delivers Mixed Q4 Following CEO Exit
"Kroger's 2024 results demonstrate the resilience of our value creation model, which is generating solid results and strong ...