The country’s largest supermarket chain by revenue, Kroger is second only to Walmart as the largest general retailer in the U.S. With nearly 2,800 stores in 35 states under two dozen banners and annual sales of more than $121.1 billion, Kroger today ranks as the world’s fifth-largest retailer. The company also operates 35 food manufacturing facilities that make thousands of products, accounting for 26% of Kroger’s total store dollar sales. Kroger stores take the shape of several different formats, including supermarkets, multi-department stores, Marketplace stores, price-impact stores, and fine jewelry stores. In 2021, Kroger was on the receiving end of criticism after it was revealed that CEO Rodney McMullen was awarded $21.1 million in compensation for 2019, despite the company having to lay off thousands of employees as a result of the coronavirus pandemic. The typical Kroger employee makes less than $27,000 in pay and benefits per year.
Albert CesareThe Cincinnati Enquirer via USA TODAY NETWORK/Reuters
Company Information
As of
8/2/23
Country/Territory
U.S.
Headquarters
Cincinnati
Industry
Food & Drug Stores
CEO
W. Rodney McMullen
Website
www.thekrogerco.com
Company Type
Public
Ticker
KR
Revenues ($M)
$148,258
Profits ($M)
$2,244
Market Value ($M)
$33,404
Employees
430000
Figures are for fiscal year ended Jan. 31, 2023. Market value as of July 17, 2023.
Key Financials (last Fiscal Year)
($ Millions)
% change
Revenues ($M)
Profits ($M)
$2,244
35.6%
Assets ($M)
$49,623
-
Total Stockholder Equity ($M)
$10,042
-
Profit Ratios
Profit as % of Revenues
1.5%
Profits as % of Assets
4.5%
Profits as % of Stockholder Equity
22.3%
Earnings Per Share (last Fiscal Year)
Earnings Per Share ($)
306
EPS % Change (from 2021)
41%
EPS % Change (5 year annual rate)
7.9%
EPS % Change (10 year annual rate)
8.2%
Total Return
Total Return to Investors (2022)
0.4%
Total Return to Investors (5 year, annualized)
12.5%
Total Return to Investors (10 year, annualized)
15.1%
World's Most Admired Companies
Sector
Stores and Distributors
Industry
Food and Drugstores
Industry Rank
4
Previous Industry Rank
4
Overall Score
5.93
Innovation
4
People Management
4
Use of Corporate Assets
5
Social Responsibility
4
Quality of Management
4
Financial Soundness
4
Long-Term Investment Value
3
Quality of Products/Services
4
Global Competitiveness
6
Company Information
Impact Segment
Public Health/Nutrition
Sector
Food & Drug Stores
Industry
Food & Drug Stores
CEO
W. Rodney McMullen
Website
www.thekrogerco.com
Employees
449,000
Company Type
Public
Revenues ($M) (Last Fiscal Year)
$122,662
Profits ($M) (Last Fiscal Year)
$1,907
Market Value ($M) as of 8/12/19
$23,837
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