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Kroger Co. (NYSE: KR)

Grocery Stores Β· Cincinnati, OH, United States Β· Founded 1883

$35.0B
Market Cap
$147.64B
Revenue
430,000
Employees
$1.02B
Net Income
πŸ“Š Key Statistics for Kroger Co. (KR)
  • Market capitalization: $35.0 billion
  • Annual revenue: $147.64 billion
  • Net income: $1.02 billion
  • Employees: 430,000
  • Sector: Consumer Defensive
  • Headquarters: Cincinnati, United States
  • Founded: 1883

Source: Statvoo company profile for Kroger Co.. Browse all 500+ companies

πŸ“‹ About Kroger Co.

Kroger is the largest supermarket chain in the United States by revenue, operating nearly 2,800 stores under banners including Kroger, Ralphs, Harris Teeter, and Fred Meyer. The company also runs one of the country's largest pharmacy operations and a substantial fuel center business. Kroger's private-label brands, including Simple Truth and Private Selection, are a significant competitive advantage.

πŸ’° How Kroger Co. Makes Money

Kroger generates revenue from grocery retail sales, pharmacy prescriptions, fuel sales, and an emerging retail media advertising business. Private-label products, which carry higher margins than national brands, account for roughly 28% of unit sales.

πŸ“œ Key Milestones

Barney Kroger founded the company in 1883 in Cincinnati with a single grocery store. Kroger grew through decades of acquisitions, including Fred Meyer in 1999 and Harris Teeter in 2014. The proposed $24.6 billion merger with Albertsons, announced in 2022, faced intense regulatory scrutiny and was ultimately blocked by the FTC.

πŸ“Š Financial Overview
Market Capitalization$35.0B
Annual Revenue$147.64B
Net Income$1.02B
Profit Margin1%
Revenue per Employee$343349K
Stock ExchangeNYSE
Ticker SymbolKR

Financial data is approximate and based on most recent annual filings.

πŸ’‘ Did You Know?

Kroger's data analytics operation, 84.51Β°, processes purchase data from 60 million households and has become a profit center by selling insights to consumer goods companies. The company's Simple Truth organic brand is the largest natural and organic brand in the US by sales.

πŸ“ Analyst Take

The failed Albertsons merger was a setback, but Kroger's standalone business is solidβ€”the retail media network and private-label strength provide margin expansion levers that pure-play grocers lack. The stock is perennially cheap for a reason, but the fundamentals are better than the multiple suggests.

❓ Frequently Asked Questions

What is Kroger Co.'s revenue?

Kroger Co. generates approximately $147.64 billion in annual revenue.

How many employees does Kroger Co. have?

Kroger Co. employs approximately 430,000 people worldwide.

What is Kroger Co.'s market cap?

Kroger Co. (KR) has a market capitalization of approximately $35.0 billion on the NYSE.

When was Kroger Co. founded?

Kroger Co. was founded in 1883 and is headquartered in Cincinnati, OH, United States.

Who is the CEO of Kroger Co.?

Rodney McMullen is the current CEO of Kroger Co..

What is Kroger Co.'s website?

Kroger Co.'s official website is kroger.com.