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In a remarkable display of resilience and growth, Kroger Co (NYSE:KR) stock has soared to an all-time high, reaching a price level of $66.27. With a market capitalization of $43.4 billion and an "GOOD" Financial Health score according to InvestingPro, the company demonstrates strong fundamentals. This milestone underscores the company’s strong performance in a challenging economic environment, reflecting a significant 1-year change with an impressive 17.97% increase. The company’s commitment to shareholder value is evident through 19 consecutive years of dividend increases and aggressive share buybacks. Investors have shown increased confidence in Kroger’s business model and strategic initiatives, which have been pivotal in driving the stock to new heights. The all-time high represents not just a peak in the company’s 52-week performance but also sets a new benchmark for its financial success. Discover more insights and 8 additional exclusive ProTips with InvestingPro’s comprehensive analysis.
In other recent news, Kroger reported its first quarter earnings for 2025, showing an earnings per share (EPS) of $1.14, which exceeded analyst expectations of $1.11. However, the company reported revenue of $34.3 billion, falling short of the anticipated $34.75 billion. Despite the revenue miss, Kroger’s strategic initiatives in digital and delivery sales have shown significant growth, with digital sales increasing by 10% and delivery solutions by 18%. Guggenheim reaffirmed its Buy rating on Kroger, setting a price target of $71.00, expressing confidence in Kroger’s operational strategies and its ability to achieve the upper end of its forecasted ranges. Kroger’s guidance for 2025 includes a comparable store sales growth of 2-3% and an EBIT forecast ranging from $4.7 to $4.9 billion, with an EPS range of $4.60 to $4.80. The company plans to complete 30 major store projects in 2025 and expects to accelerate new store openings beyond 2025. Additionally, Kroger’s strategic initiatives are expected to contribute to a positive trajectory in the stock’s value, as reflected in the potential total shareholder return of approximately 13% implied by Guggenheim’s price target.
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