MLB’s decision looks positive and the country is divided on business involvement in politics


Argus Research

Analyst Report: Kroger Co.

Based in Cincinnati, Kroger operates approximately 2,800 retail supermarkets and multi-department stores in 35 states as of the end of FY21. These stores generated more than 90% of the company’s $ 132.5 billion in revenue in 2009. KR also operates approximately 170 luxury jewelry stores, 1,585 supermarket fuel centers and 35 food processing plants in the United States. These factories make up about 31% of KR’s own branded units. The company’s nameplates include Kroger, Ralphs, Fred Meyer, Food 4 Less, King Scoopers, Smith’s, Fry’s, Dillon’s, City Market and Harris Teeter. About 15% of supermarkets are in California, 9% in Ohio and 8% in Texas. Wal-Mart and Sam’s Club are major competitors in most major markets. KR has pharmacies in about 82% of grocery stores. The company has 180 million square feet of supermarket space. KR completed sales of 782 convenience stores in the first quarter of FY19.

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