Kroger Co. (NYSE: KR)
Grocery Stores Β· Cincinnati, OH, United States Β· Founded 1883
- 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
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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.
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.
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.
| Market Capitalization | $35.0B |
| Annual Revenue | $147.64B |
| Net Income | $1.02B |
| Profit Margin | 1% |
| Revenue per Employee | $343349K |
| Stock Exchange | NYSE |
| Ticker Symbol | KR |
Financial data is approximate and based on most recent annual filings.
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.
The failed Albertsons merger was a setback, but Kroger's standalone business is solidβthe 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.
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.
| CEO | Rodney McMullen |
| Sector | Consumer Defensive |
| Industry | Grocery Stores |
| Founded | 1883 |
| HQ | Cincinnati, OH |
| Country | United States |
| Website | kroger.com |
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