Kroger anticipates adjusted earnings in the current fiscal year range of $4.60 to $4.80 a share. Analysts were expecting $4.81 a share.

California, Oregon, Illinois and five other U.S. states have asked a U.S. judge to award them legal fees for winning an order in federal court blocking Kroger’s now-abandoned $25 billion deal for grocery rival Albertsons.

Q4 2024 Earnings Call Mar 06, 2025, 10:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants. Prepared

Kroger reported 2024 sales results that were lower than Wall Street forecasts on Thursday, but the grocer predicted sales would pick up in 2025.

Kroger reported 2024 sales results that were lower than Wall Street forecasts on Thursday, but the grocer predicted sales would pick up in 2025.

The company plans to consider internal and external candidates to replace former chief executive Rodney McMullen, Chairman and interim CEO Ronald Sargent told investors Thursday.

Kroger board member Ron Sargent is taking the helm at the nation’s largest supermarket chain as questions about the former Kroger CEO continue.

The overall performance was solid, but the report raised concerns about profitability. It comes just two days after CEO Rodney McMullen abruptly resigned after an investigation into his personal conduct. The Chairman of the Board, Ron Sargent, has stepped in as interim CEO.

Kroger CEO Rodney McMullen is resigning immediately from the grocery store chain following an investigation that found his personal conduct was “inconsistent” with the company’s ethics policies.

The supermarket chain said Rodney McMullen’s conduct wasn’t related to its financial performance or operations but it was inconsistent with its ethics policy.