Despite tighter consumer spending, Kroger stated that the flexibility of its business model helped the company navigate the third quarter when it topped a Wall Street estimate on earnings and revenue. Company net earnings were $646 million, or 88 cents per diluted...
As its acquisition by The Kroger Co. proceeds, Albertsons Cos. beat Wall Street second-quarter sales and earnings estimates despite a net income decline. Net income for the quarter was $266.9 million, or 46 cents per diluted share, versus $342.7 million, or 59 cents...
Kroger Co., still working to complete a merger with Albertsons Cos., reported sales slipped in its second quarter, while adjusted earnings gained to top a Wall Street estimate. Kroger and the Albertsons Cos., meanwhile, announced they entered a definitive agreement...
As it continues working toward a merger with Albertsons Cos., the Kroger Co. posted earnings that beat a Wall Street estimate even as revenues came up a bit short. Company net earnings were $962 million, or $1.32 per diluted share, compared to $664 million, or 90...
As it works to complete its merger with The Kroger Co., Albertsons Cos. has announced that Tom Moriarty will join the company as executive vice president and general counsel, effective June 5. Prior to accepting the Albertsons position, Moriarty served at CVS Health,...
