Professional
Added to YB: 2024-01-09
Pitch date: 2024-01-09
KR [bullish]
The Kroger Co.
+54.06%
current return
Author Info
No bio for this author
Company Info
The Kroger Co. operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses.
Market Cap
$43.6B
Pitch Price
$43.90
Price Target
N/A
Dividend
2.03%
EV/EBITDA
7.20
P/E
59.34
EV/Sales
0.44
Sector
Consumer Staples Distribution and Retail
Category
special_situation
Oakmark Global Funds new position: Kroger ($KR)
$KR: #2 grocer behind $WMT, scale advantage offers compelling value vs smaller peers. Pandemic proved strong positioning for online growth. 10x NTM PE attractive given competitive position & growth. Albertsons deal could accelerate growth & scale, otherwise 25% of mkt cap shareholder return.
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