Kroger Co. (NYSE:KR) Financial Overview and Merger…
From Financial Modeling Prep: 2024-12-06 04:00:04
Kroger reported earnings per share (EPS) of $0.98, meeting estimates, but revenue of $33.63 billion fell short of expectations. The proposed merger with Albertsons faces legal challenges from the FTC, impacting Kroger’s future strategy and market position. Kroger’s financial health remains solid with a P/E ratio of 15.70, a current ratio of 1.54, and a debt-to-equity ratio of 2.31.
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