4 Things Kroger Co Management Wants You to Know
This year, the entire grocery industry has been under pressure due to ongoing price wars, the invasion of foreign discounters, and Amazon's bold acquisition of Whole Foods. Given this industry turmoil, it's always good to know what the largest grocery company in the U.S. is thinking.
On Oct. 11, Kroger (NYSE: KR) held its investor day, including a five-hour presentation on the state of the company and its industry. Kroger's stock is down over 30% in the past 12 months, so it was certainly good to hear management lay out its strategy and vision. Here's what Kroger management wants you to know.
Image source: Getty Images.
Source: Fool.com
Kroger Co. Stock
€48.34
0.290%
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
As a result the target price of 55 € shows a slightly positive potential of 13.78% compared to the current price of 48.34 € for Kroger Co..
