Kroger Co., the largest supermarket chain in the U.S., has seen its stock soar to new highs following the announcement of strong fourth quarter results, including a 12% rise in adjusted earnings and a 4% increase in same-store sales. The grocery giant's revenue reached $138 billion in 2021, while digital sales skyrocketed by 113% over two years. With consistent annual dividends of 84 cents per share and a remarkable 11.74% growth in dividends over the past five years, Kroger remains well-positioned to navigate competitive pressures and rising costs.
“Kroger (KR) · has a market cap · $39 billion”
“Kroger (KR) · has a dividend payout · 84 cents · per share”
“Kroger (KR) · has grown its dividend per share · 11.74% · over the past five years”
“Kroger (KR) · has been paying higher dividends · over the last 17 years · true”
“Kroger (KR) · is one of the top grocery retailers · in the U.S. · true”
“The Kroger Co. · stock soared to new highs after it posted · strong fourth quarter results · new highs”
“Kroger · is the largest supermarket chain in the U.S. · supermarket chain · largest”
“Kroger · operates under multiple brands · roughly 35 states · multiple brands”
“Kroger · has over · 2,700 supermarkets and multi-department store locations · over 2,700”
“Kroger's 2020 sales · climbed over · 8% · 8%”
“Kroger's 2021 revenue · popped · $138 billion · 4%”
“Kroger's digital sales · were up · 113% on a two-year stack · 113%”