Kroger settles litigation with C&S Wholesale Grocers

CINCINNATI - Kroger Co. (NYSE:KR) announced Monday it has reached a settlement with C&S Wholesale Grocers, LLC to resolve all pending litigation between the companies in Delaware’s Superior Court.

The terms of the settlement remain confidential, according to the company’s statement.

"We are pleased to resolve the claims from C&S, and we look forward to a friendly relationship with them going forward," said Ron Sargent, Chairman and CEO of Kroger.

The announcement comes as Kroger continues its operations across the United States, where it employs more than 400,000 associates serving approximately 11 million customers daily through its various retail food stores and e-commerce platforms.

The grocery retailer provided no additional details about the nature of the litigation or the specific claims that were resolved in the settlement.

Kroger, one of America’s largest grocery retailers, operates stores under various banner names throughout the country. The settlement announcement was made via a press release issued by the company.

In other recent news, Kroger Co. announced a 9% increase in its annual dividend, raising it from $1.28 to $1.40 per share. The next quarterly dividend of 35 cents per share is scheduled for payment on September 1, 2025. Barclays initiated coverage on Kroger with an Equalweight rating and a price target of $90, noting positive sentiment about the company’s post-deal refocus and potential drivers for improved identical store sales. UBS raised its price target for Kroger to $74 from $66, citing improved execution and noting the company’s fifth consecutive quarter of sequential acceleration in identical store sales, excluding fuel. Additionally, Kroger announced several leadership changes, appointing Ed Oldham as Head of Sourcing and George Vincent as secretary and general counsel. Oldham brings over 25 years of experience from various roles, including at PetSmart and Walmart. Vincent joins from Dinsmore & Shohl, where he was a managing partner. These developments reflect ongoing strategic adjustments and financial performance improvements at Kroger.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.