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What To Make Of Longtime Kroger CFO's Retirement
Tuesday, December 18, 2018 - 2:27pm | 575Grocery chain Kroger Co (NYSE: KR) on Monday announced CFO J. Michael Schlotman will retire from the company in one year after holding the title since 2000. Schlotman will be replaced by Gary Millerchip, CEO of Kroger Personal Finance, in April 2019 at which point Schlotman will remain an executive...
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Cramer On Kroger: Don't Forget Grocery Is Still Part Of Retail
Friday, June 16, 2017 - 7:32am | 411What do Kroger Co (NYSE: KR) and department stores have in common? Both are retailers and both are bringing pain to investors, CNBC's Jim Cramer explained during his daily "Mad Money" show Thursday. Shares of Kroger collapsed nearly 19 percent Thursday after the grocery chain was forced to lower...
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Kroger CFO's Comments Not Enough To Stop The Bleeding
Thursday, June 15, 2017 - 11:16am | 383Shares of Kroger Co (NYSE: KR) plummeted nearly 20 percent Thursday morning and hit a new 52-week low of $24.55 after the company reported an in-line first quarter report but lowered its full-year earnings outlook. During the first quarter, Kroger realized about 20 basis points of deflation (...
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Kroger's CFO Talks Food Deflation
Thursday, March 2, 2017 - 12:35pm | 337Shares of Kroger Co (NYSE: KR) were trading lower by more than 3 percent on Thursday despite the company's fourth-quarter report containing a top- and bottom-line beat. However, the grocer's guidance for the first quarter came in light and the company also cited deflationary concerns. Kroger's...