Latest news with #KR
News18
21-07-2025
- Automotive
- News18
In a first, Konkan Railway to operate Ro-Ro car service for Ganpati festival
Mumbai, Jul 21 (PTI) Konkan Railway on Monday said it would be running special roll on-roll off (Ro-Ro) train services from August 23 to September 11 between Kolad in Maharashtra and Verna in Goa for private cars during the upcoming Ganpati festival. The specially designed rake for the Ro-Ro car service, which will commence on August 23 from Kolad and on August 24 from Verna, can accommodate 40 cars per trip, with two cars loaded on each of the 20 wagons, a KR release said. 'The owners will have to shell out Rs 7875 inclusive of GST for transporting their car using Ro-Ro. They will have to pay Rs 4000 initially at the time of booking, and the balance on the day of the journey. Per car, a maximum of three persons will be allowed to travel in the attached 3AC or second seating coach. For this, each person will have to pay the prescribed fare, which is Rs 935 for 3AC and Rs 190 for the second seating coach," the release said. 'In the event of insufficient bookings (fewer than 16 cars), the trip will be cancelled and registration fees will be fully refunded. The bookings for the service will open between July 21 and August 13. Those who want to avail the service can make reservations at KR's Belapur or Verna-based offices with flexible payment options, including UPI and cash," it added. The service will run end-to-end between Kolad and Verna, with departures at 5 pm and arrivals at 5 am the following day, with car owners having to report at the starting point at 2 pm, about three hours before the departure time, the release said. KR pioneered the Ro-Ro service concept in India in 1999 for trucks, officials said, adding this is the first time it is being operated for private cars. On June 3, KR chairman-managing director Santosh Kumar Jha had assured to explore the possibility of launching Ro-Ro service for the private cars during the upcoming Ganapati festival if there is sufficient demand. During the Ganapati festival, among the biggest in the Konkan belt, lakhs of people travel from Mumbai and other parts of the state using various modes of transport, including cars, though many are left distressed due to the poor condition of the national highway. PTI KK BNM view comments First Published: July 21, 2025, 18:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Yahoo
19-07-2025
- Business
- Yahoo
Kroger (KR) Declines More Than Market: Some Information for Investors
Kroger (KR) ended the recent trading session at $71.39, demonstrating a -1.15% change from the preceding day's closing price. This change lagged the S&P 500's 0.01% loss on the day. Meanwhile, the Dow lost 0.32%, and the Nasdaq, a tech-heavy index, added 0.05%. Prior to today's trading, shares of the supermarket chain had gained 10.23% outpaced the Retail-Wholesale sector's gain of 3.27% and the S&P 500's gain of 5.37%. The investment community will be closely monitoring the performance of Kroger in its forthcoming earnings report. The company is predicted to post an EPS of $0.99, indicating a 6.45% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $34.07 billion, up 0.47% from the year-ago period. KR's full-year Zacks Consensus Estimates are calling for earnings of $4.76 per share and revenue of $148.7 billion. These results would represent year-over-year changes of +6.49% and +1.07%, respectively. It is also important to note the recent changes to analyst estimates for Kroger. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.37% upward. Currently, Kroger is carrying a Zacks Rank of #3 (Hold). Valuation is also important, so investors should note that Kroger has a Forward P/E ratio of 15.17 right now. This expresses a discount compared to the average Forward P/E of 15.32 of its industry. We can additionally observe that KR currently boasts a PEG ratio of 2.3. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Retail - Supermarkets industry stood at 1.87 at the close of the market yesterday. The Retail - Supermarkets industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 70, positioning it in the top 29% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Kroger Co. (KR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Business
- Yahoo
Morgan Stanley Lifts Kroger (KR) PT, Maintains Equal Weight Rating
The Kroger Co. (NYSE:KR) is one of the Best Stagflation Stocks to Buy Now. On June 23, Morgan Stanley raised its price target on Kroger to $76 on June 23, basically signaling cautious optimism about the grocer's path forward. While the firm held its Equalweight rating, it noted that Kroger's revenue trajectory is gaining pace, and recent market share wins point to real momentum. The bank sees earnings growth accelerating through the rest of 2025, potentially outpacing the modest 1.3% Kroger logged in Q1. Add in a 20-year dividend track record and a 1.78% yield, and the picture becomes one of quiet, consistent resilience, especially in a shaky macro environment where tariffs and consumer uncertainty are back on the radar. Morgan Stanley's scenario modeling suggests room for upside, with a bull case price of $105. The bear case lands at $45, with the firm seeing current positioning slightly tilted in investors' favor. Modest tailwinds like food inflation and improvements in Kroger's pharmacy segment could help, but it's a balancing act, with competition and demand softness lurking in the backdrop. Kroger (NYSE:KR) is one of America's largest traditional grocery chains. It operates over 2,700 supermarkets, fuel stations, pharmacies, and digital services across 35 states. Its private-label penetration (40%+), strong loyalty programs, and expanding e-commerce presence make it a defensive anchor for consumer portfolios. While we acknowledge the potential of KR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Yahoo
30-06-2025
- Business
- Yahoo
Kroger (KR) is a Top-Ranked Momentum Stock: Should You Buy?
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum. For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. The Kroger Co., which operates in the thin-margin grocery industry, has been undergoing a complete makeover, not only with respect to products but also in terms of the way consumers prefer shopping grocery. The company is focusing on plant-based products as well as eyeing technological expansion. It acquired meal kit company Home Chef and partnered with British online grocery delivery firm Ocado that reinforces its position in the online ordering, automated fulfillment and home delivery space. It has also introduced grocery delivery service Kroger Ship and inked a deal with driverless car company Nuro. KR is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of B and VGM Score of A. Shares are down 0.8% over the past one week and up 4.7% over the past four weeks. KR has gained 43% in the last one-year period as well. Looking at trading volume, an average of 8,665,455 shares exchanged hands over the last 20 trading days. Momentum investors also pay close attention to a company's earnings. For KR, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $4.76 per share for 2026. KR boasts an average earnings surprise of 1.4%. KR should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Kroger Co. (KR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
Kroger plans to close 60 US stores in 18 months to improve profits
Kroger (KR) plans to close around 60 U.S. grocery stores over the next 18 months to improve efficiency. The Cincinnati, Ohio-based company announced the plan during a corporate earnings call last Friday. The company hasn't said which stores it plans to shutter, but said the closures will happen around the country. It also said employees at impacted stores will be offered jobs at other locations. 'We see this as an opportunity to move these closed store sales to other stores, and we think that should improve profitability,' Kroger's interim Chairman and CEO Ronald Sargent said during the call. Sargent also said Kroger plans to open at least 30 stores this year and will accelerate its store openings in 'high-growth geographies' next year. A message seeking details of the company's plans was left Wednesday with Kroger. Kroger is the nation's largest supermarket chain, with 2,731 stores in 35 states and the District of Columbia. It operates stores under multiple brand names, including Smith's, Ralphs, King Soopers and Fred Meyer. Sargent said Kroger usually evaluates the performance of individual stores on an annual basis but it deferred any store closings during its two-year effort to merge with rival Albertsons. The two companies announced the $24.6 billion merger plan in 2022 but the deal fell apart late last year after two judges blocked it due to concerns about competition. Kroger's plan to close stores comes as the company is facing labor unrest over issues including chronic understaffing at stores, according to the United Food and Commercial Workers union. Union members in Southern California began picketing at a Los Angeles Ralphs last week. Workers at King Soopers stores in Colorado also went on strike earlier this year.
