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Kroger had big merger plans. Now that those are off, one research team says the grocery chain needs to stack its team with people who can help Kroger (KR) contend with Walmart (WMT).
CINCINNATI , March 13, 2025 /PRNewswire/ -- The Kroger Co.'s (NYSE: KR) Board of Directors today declared a quarterly dividend of 32 cents per share to be paid on June 1, 2025, to shareholders of record as of the close of business on May 15, 2025. The company's quarterly dividend has grown at a 13.5% compounded annual growth rate since it was reinstated in 2006.
Yael Cosset to Lead as Chief Digital Officer CINCINNATI , March 11, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced the creation of a new eCommerce business unit, which aligns the teams contributing to every aspect of the online customer experience. Yael Cosset, Kroger's senior vice president and chief information officer, will lead this function as executive vice president and chief digital officer, effective immediately.
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Shares of Kroger Co KR rose in early trading on Friday after the company reported upbeat fourth-quarter earnings.
Kroger (KR) and Albertsons (ACI) stock have hovered near 52-week highs with both acting as a defensive hedge against recent market volatility.
Kroger saw growth in digital sales, employees' use of artificial intelligence (AI) tools and the benefits of personalization during its fourth quarter, which ended Feb. 1, executives said Thursday (March 6) during the grocery giant's quarterly earnings call. The company saw 11% growth in digital sales during the fourth quarter, outpacing its 2.