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Kroger Resetting Strategic Priorities After Albertsons Merger Deal Ends

Kroger Resetting Strategic Priorities After Albertsons Merger Deal Ends

by Mike Duff | Dec 12, 2024 | Retail Articles

Kroger Co. reported it has terminated its merger agreement with Albertsons and provided an overview of its next steps after Albertsons announced it had withdrawn from the proposed deal. The moves come after the United States District Court in Oregon granted the U.S....
U.S. District Court Rules Against Kroger’s Acquisition of Albertsons

U.S. District Court Rules Against Kroger’s Acquisition of Albertsons

by Mike Duff | Dec 11, 2024 | Featured News, Retail Articles

A United States District Court in Oregon has blocked the merger of The Kroger Co. and Albertsons Cos., citing the combination’s threat to grocery sector competition. In a response, Albertsons announced it has terminated the merger agreement and filed suit against...
U.S. District Court Rules Against Kroger’s Acquisition of Albertsons

Kroger Beats Q3 Earnings Expectations While Awaiting Albertsons Merger Ruling

by Mike Duff | Dec 5, 2024 | Retail Articles

The Kroger Co. posted positive identical sales and adjusted earnings despite lower overall sales in its third quarter as it continues to address litigation and regulatory action related to its proposed merger with Albertsons Cos. Company net earnings were $618...
Kroger Resetting Strategic Priorities After Albertsons Merger Deal Ends

Kroger Confident About Albertsons Merger Progress After Mixed Q2

by Mike Duff | Sep 12, 2024 | Retail Articles

Kroger remains confident about closing its proposed merger with Albertsons after adjusted earnings for its second quarter slipped but still beat an analyst estimate, while revenues gained but came up short of a forecast. Company net earnings were $466 million, or 64...
U.S. District Court Rules Against Kroger’s Acquisition of Albertsons

Kroger Ready To Defend Proposed Merger as Q1 Exceeds Expectations

by Mike Duff | Jun 20, 2024 | Retail Articles

Earnings slipped at the The Kroger Co. in the first quarter but still beat analyst estimates as the company prepares to defend its proposed merger with Albertsons Cos. Company net earnings were $947 million, or $1.29 per diluted share, versus $962 million, or $1.32...
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