What fiscal year is Kroger in?
Our fiscal year ends on the Saturday closest to January 31. All references to 2020, 2019 and 2018 are to the fiscal years ended January 30, 2021, February 1, 2020 and February 2, 2019, respectively, unless specifically indicated otherwise.
What did Kroger pay 2020?
In 2021, Kroger’s net earnings amounted to approximately 1.67 billion U.S. dollars, down from about 2.59 billion in 2020.
How much did Kroger make last quarter?
$33.0 billion
Total company sales were $33.0 billion in the fourth quarter, compared to $30.7 billion for the same period last year. Total company sales, excluding fuel, increased 3.7% compared to the same period last year. Gross margin was 22.2% of sales for the fourth quarter.
How many employees does Kroger have 2021?
The number of employees of Kroger decreased from 465 thousand to 420 thousand between February 2021 and January 2022.
Is Kroger in financial trouble?
Based on the latest financial disclosure, Kroger Company has a Probability Of Bankruptcy of 14.0%. This is 61.3% lower than that of the Consumer Defensive sector and 67.7% lower than that of the Grocery Stores industry.
How is Kroger doing financially?
Kroger’s net total debt to adjusted EBITDA ratio is 1.68, compared to 1.74 a year ago (Table 5). The company’s net total debt to adjusted EBITDA ratio target range is 2.30 to 2.50. During the quarter, Kroger repurchased $297 million of shares and year-to-date, has repurchased $1 billion of shares.
How much profit did Kroger make in 2021?
For the full year of fiscal 2021, revenue at Kroger was $137.9 billion, an increase of 0.2%. Net earnings for fiscal 2021 were $1.6 billion, an increase of 1.2%. Kroger returned $2.2 billion to shareholders in 2021.
What were Kroger’s profits in 2021?
What does Kroger CEO make?
Downtown-based Kroger (NYSE: KR), the nation’s largest operator of traditional supermarkets, paid McMullen $18.2 million last year, according to the company’s annual proxy statement recently filed with the Securities and Exchange Commission. That’s down 12% from McMullen’s compensation of $20.7 million in 2020.
Does Kroger have a lot of debt?
What Is Kroger’s Net Debt? As you can see below, Kroger had US$12.7b of debt, at May 2021, which is about the same as the year before. You can click the chart for greater detail. However, because it has a cash reserve of US$2.31b, its net debt is less, at about US$10.4b.
Is Kroger making record profits?
WASHINGTON, D.C. – New earnings data released today by Kroger reveals that the company hit $566 million in net income in its fourth quarter after hiking prices on consumers. Kroger’s Chairman and CEO Rodney McMullen said the company enjoyed “record performance” in both 2021 and 2020.
How much do Kroger Board members make?
Compensation by Company
| Name And Title | Total Cash |
|---|---|
| W. Rodney McMullen Chairman and Chief Executive Officer | Total Cash $6,999,220 |
| Yael Cosset Senior Vice President and Chief Information Officer | Total Cash $2,340,232 |
| Gary Millerchip Senior Vice President and Chief Financial Officer | Total Cash $2,006,435 |
How much does the president of Kroger make a year?
As Chairman and Chief Executive Officer at KROGER CO, W. Rodney McMullen made $20,578,119 in total compensation.
What is the largest grocery chain in the US?
Leading supermarkets in the U.S. 2020, based on retail sales Founded in 1883 in Cincinnati, Ohio (where it is still headquartered), by Bernard Kroger, The Kroger Co. has become the largest supermarket chain in the United States and the second largest overall retailer, only behind the retailing giant, Walmart.