Breaking News
Mar 7, 2025
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The Kroger Co. gained 18.6% to $23.11 after the food retailer reported results for the fiscal fourth quarter of 2024.
Revenue declined to $34.31 billion from $37.06 billion, net earnings dropped to $634 million from $736 million, and earnings per diluted share fell to 90 cents from $1.01 a year ago.
The company declared a dividend of 32 cents per share in the quarter, up from 29 cents per share a year ago.
During the year, the company commenced a $5.0 billion accelerated share repurchase program to be completed under its $7.5 billion share repurchase authorization.
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