Kroger (KR) News & Analysis

Kroger’s (KR) proposed acquisition of Albertsons (ACI) was officially blocked this week after federal judges ruled that the merger would violate consumer protection laws and reduce competition.

Free from the financial burdens of trying to buy rival Albertsons, shares of supermarket giant Kroger were sitting at new highs on Thursday.

KR terminates its merger deal with ACI. The company looks forward to resuming its share repurchases and authorizes a new program.

QQQ, IWM, Microsoft, Kroger and Albertsons have been highlighted in this Investment Ideas article.

Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after two judges blocked it.

Antitrust concerns rest on an outdated idea of how Americans shop

Antitrust concerns rest on an outdated idea of how Americans shop

The U.S. District Judge blocks KR’s deal to acquire Albertsons Companies as it might cut competition for U.S. grocery shoppers.

This is what could happen next to shares of Kroger and Albertson’s.

The lawsuit follows two separate Monday rulings blocking what would have been the largest ever grocery chain merger.

Albertsons is terminating its attempted merger with Kroger and suing the rival company a day after a federal judge blocked the deal.

Albertsons’ lawsuit said the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 billion deal.

Albertsons said it is calling off its merger with Kroger and is suing the rival grocery chain for breach of contract.

Federal regulators argued that combining the two chains would be bad for consumers and workers by eliminating competition.

Kroger’s $24.6 billion acquisition of Albertsons was blocked by a federal judge. Lawyers for the companies previously said this would sink the deal.

The ruling hands a victory to Biden antitrust enforcers, who said the $20 billion supermarket merger would erode competition and raise prices for consumers.

A U.S. judge blocked the pending $25 billion merger of U.S. grocery chains Kroger and Albertsons on Tuesday, siding with the U.S. Federal Trade Commission (FTC) in a win for the Biden administration.

The FTC argued at a three-week trial in Portland…

The supermarket chains said they were disappointed with Tuesday’s court rulings, adding that they are reviewing their options.

Merger would curtail competition for grocery shoppers, Oregon court finds in a decision that could derail the deal.

Ruling deals a significant blow to the effort to consolidate the country’s two biggest supermarket operators

A cucumber recall that began days before Thanksgiving is being expanded again amid ongoing fears that a wide variety of products may be contaminated with Salmonella.

This week, no fewer than four additional recalls of cucumber products were posted…

Kroger delivers adjusted earnings of 98 cents per share, matching the Zacks Consensus Estimate. Identical sales without fuel rise 2.3%.

Kroger (KR) delivered earnings and revenue surprises of 0% and 1.81%, respectively, for the quarter ended October 2024. Do the numbers hold clues to what lies ahead for the stock?

Supermarket giant Kroger said lower fuel prices and the sale of its specialty-pharmacy business weighed on third-quarter sales, and that it expects fourth-quarter same-store sales to be lower than those in the third.