Yael Cosset has been appointed as the Chief Digital Officer of Kroger Co. in Cincinnati, as the company announced the formation of a new eCommerce division. This new unit will bring together teams focused on enhancing the online customer experience. Cosset, who was previously the senior vice president and chief information officer, will take on this role immediately.
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This article on Investment Ideas focuses on Kroger and Albertsons.
Kroger (KR) and Albertsons (ACI) stocks have been close to their highest levels in the past year, serving as a safe option during the recent ups and downs in the market.
Dividends are a major advantage of being a shareholder, but identifying a good dividend stock can be challenging. Does Kroger (KR) meet the criteria?
Kroger (KR) and Albertsons (ACI) stocks have been close to their highest levels in the past year, serving as a safe option during the recent ups and downs in the market.
Kroger reported an increase in digital sales, employee use of AI tools, and the advantages of personalization in its fourth quarter, which concluded on February 1. During a quarterly earnings call on March 6, company executives mentioned that digital sales grew by 11% in this period, surpassing their previous growth rate of 2%.
The Kroger Co. (NYSE:KR) held its Q4 2024 Earnings Call on March 6, 2025, at 10:00 AM ET. Key participants included Robert Quast, the VP of Investor Relations, and Ron Sargent, the Interim CEO. The call featured various analysts from firms like Morgan Stanley, Goldman Sachs, and JPMorgan, and was recorded for future reference.
The Kroger earnings report revealed a smaller drop than expected. As online grocery sales increase by double digits, Kroger's stock rose significantly.