Kroger released its results for Q4 and the full 2022 financial year. We review the retailer’s results, including progress on its leading with fresh and accelerating with digital strategies. Q4 results and full year performance Key indicators and insights from Kroger FY 2020 results: Total sales in Q4 increased 5.9% to $34.8 bn Identical sales (ex-fuel) increased 6.2% in Q4 Total...

Following a strong third quarter performance, USA-based Kroger has lifted its outlook for the full year. We look at what’s underpinning its confidence. Q3 key numbers Total sales increased 7.3% to $34,198m Identical sales (ex-fuel) increased 6.9% Digital sales increased 10% Operating profit fell 3.1% to $841m Bringing its experience to bear These results highlight how gr...

Kroger’s merger with Albertsons, if approved by the FTC (Federal Trade Commission), will create a retailer with sales of around $200 bn, operating 5,000 stores (excluding divestments). With very few truly national grocery retailers in the US, we consider what this deal could mean for some of its biggest suppliers. Solidifies position among America’s leading retailers As the two largest superm...