(USD) | Dec 2023 | Q/Q |
---|---|---|
Revenue | 18.6B | +1% |
Gross Profit | 5.2B | +3% |
Cost Of Revenue | 13.4B | +1% |
Operating Income | 566.1MM | +25% |
Operating Expenses | 4.6B | - |
Net Income | 361.4MM | +35% |
G&A | 4.6B | +0% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Antitrust authorities say Kroger’s planned Albertsons takeover will leave fewer traditional supermarkets to compete for Americans’ dollars.
A Denver state judge said on Monday that he will hear arguments beginning on Aug. 12 in Colorado's case seeking to block Kroger's $25 billion purchase of rival grocer Albertsons. The order by District Court Judge Andrew Luxen puts Colorado two weeks ahead of a similar hearing before the U.S. Federal Trade Commission and other states' separate nationwide lawsuit challenging the merger. Colorado's attorney general, like the FTC, is seeking a preliminary injunction to halt the supermarket mega-me...
(Reuters) -A Denver state judge said on Monday that he will hear arguments beginning on Aug. 12 in Colorado's case seeking to block Kroger's $25 billion purchase of rival grocer Albertsons. The order by District Court Judge Andrew Luxen puts Colorado two weeks ahead of a similar hearing before the U.S. Federal Trade Commission and other states' separate nationwide lawsuit challenging the merger. "I make no promises about when my orders will be out," Luxen said.
The grocery giants may need to rethink their plan to offload assets as they look to appease regulators with their proposed mega-merger, analysts say.
The regulatory agency has mischaracterized competition and labor dynamics in the grocery industry in seeking to block their merger, the grocers said in filings this week.
A federal judge in Oregon will decide during the proceeding whether to grant the FTC’s request to block the transaction.
WASHINGTON (Reuters) -U.S. District Judge Adrienne Nelson on Monday set Aug. 26 as the start of a hearing on the Federal Trade Commission's bid for a preliminary injunction to block supermarket chain Kroger's $24.6 billion deal to buy smaller rival Albertsons. The FTC sued last month to block the deal that would create a supermarket empire with more than 4,000 stores, saying it would boost grocery prices for millions of Americans. The tie-up has drawn tough scrutiny from lawmakers and consumer...
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In this article, we will discuss the 25 largest retailers in the U.S. and the world in 2024. This article will focus on recent industry trends and the major players in the retail industry. If you want to skip our analysis, you can proceed to the section highlighting the 5 Largest Retailers in the U.S. […]
Shares of Kroger (KR) are surging after the company posted positive fourth-quarter earnings results, beating revenue and adjusted EPS estimates. In addition, the company will continue its efforts to fight the FTC for its acquisition of Albertsons (ACI). Yahoo Finance Retail Reporter Brooke DiPalma joins the Live show to break down the report and discuss how consumers are feeling in regards to the price of groceries. For more expert insight and the latest market action, click here to watch this f...