Insider Trader Watch: Kroger Company (The) $KR

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Kroger Company (The) (NYSE:KR) insider have most recently took part in a trading activity. On Jun 26, 2017 Schlotman J Michael, Executive Vice President bought 2,000 shares having total worth of $45,460 at the price of $22.73 per share, following the transaction a total of 328,947 shares owned by Schlotman J Michael.

The stock has experienced a total of 7 insider trades in the past three months. These trades include 7 sell activities .Furthermore, over the past 12 months , the stock was traded 14 times by insiders. In 14 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 7 -31.95%
12 Month 0 14 -42.35%

Shares of Kroger Company (The) (NYSE:KR) traded up 0.18% on Jun 23, 2017, hitting $22.6. 23,367,408 shares of the company’s stock traded hands. Kroger Company (The) has a 52 week low of $22.29 and a 52 week high of $40.65. The company’s market cap is $28,230 million.

Kroger Company (The) (NYSE:KR) last announced its earnings results on Jun 15, 2017. The company reported 0.58 earnings per share (EPS) for the quarter, same as the consensus estimate of 0.58. The company had revenue of $36,285 million for the quarter, compared to the consensus estimate of $35,760 million. During the same quarter in the previous year, the company posted 0.70 earnings per share. The company’s revenue for the quarter was up 5% on a year-over-year basis.

2017-06-15 2017-03-02 2016-12-01 2016-09-09 2016-06-16 2016-03-03 2015-12-03 2015-09-11 2015-06-18 2015-03-05
earnings per share 0.58 0.53 0.41 0.47 0.70 0.57 0.43 0.44 1.25 1.04
Revenue(M) 36285 27611 26557 26565 34604 26165 25075 25539 33051 25207

Kroger Company, an Ohio corporation was founded in 1883 and incorporated in 1902. It operates as a retailer in the United States. It also manufactures and processes some of the food for sale in its supermarkets. The Company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the United States. It operates 2,424 supermarkets and multi-department stores, 1,169 of which had fuel centers. The Company’s retail operating divisions have been aggregated into one reportable segment due to the operating divisions having similar economic characteristics with similar long-term financial performance. The Company’s corporate brand products are produced and sold in three tiers. ‘Private Selection’ is the premium quality brand designed to be a unique item in a category or to meet or beat the ‘gourmet’ or ‘upscale’ brands. The ‘banner brand’ (Kroger, Ralphs, King Soopers, etc.), which represents the majority of the Company’s private label items, is designed to satisfy its customers’ families with quality products. In addition, the Company recently introduced two corporate brand lines, Simple Truth and Simple Truth Organic. The Company’s stores operate under several banners that have strong local ties and brand recognition. Supermarkets are generally operated under one of the following formats: combination food and drug stores (combo stores); multi-department stores; marketplace stores; or price impact warehouses. The combo stores are the main food store format. Multi-department stores are significantly larger in size than combo stores. In addition to the departments offered at a typical combo store, multi-department stores sell a selection of general merchandise items such as apparel, home fashion and furnishings, electronics, automotive products, toys and fine jewelry. Marketplace stores are smaller in size than multi-department stores. They offer full-service grocery and pharmacy departments as well as an expanded general merchandise area that includes outdoor living products, electronics, home goods and toys. Price impact warehouse stores offer a ‘no-frills, low cost’ warehouse format and feature everyday low prices plus promotions for a selection of grocery and health and beauty care items. The operating environment for the food retailing industry continues to be characterized by intense price competition, aggressive supercenter expansion, increasing fragmentation of retail formats, entry of non-traditional competitors and market consolidation. Its stores are subject to various laws, regulations, and administrative practices that affect its business.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.