KR

Kroger Co

Consumer


Presented:04/06/2016
Price:$39.08
Cap:$38.30B
Current Price:$56.14
Cap:$40.62B

Presented

Date04/06/2016
Price$39.08
Market Cap$38.30B
Ent Value$48.89B
P/E Ratio18.89x
Book Value$7.05
Div Yield0.01%
Shares O/S980.00M
Ave Daily Vol9,410,394
Short IntN/A

Current

Price$56.14
Market Cap$40.62B
The Kroger Co. operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the United States. It also manufactures and processes some of the food for sale in its supermarkets. The Combination Food and Drug Stores are the primary food store format. The Multi Department stores are significantly larger in size than combo stores. In addition to the departments offered at a typical combo store, multi-department stores sell a wide selection of general merchandise items such as apparel, home fashion and furnishings, electronics, automotive products, toys and fine jewelry. The Marketplace Stores are smaller in size than multi-department stores. It offers full-service grocery and pharmacy departments as well as an expanded general merchandise area that includes outdoor living products, electronics, home goods and toys. The Price Impact Warehouse stores offer a 'no-frills, low cost' warehouse format and feature everyday low prices plus promotions for a wide selection of grocery and health and beauty care items. Kroger was founded by Barney Kroger in 1883 and is headquartered in Cincinnati, OH.

Publicly traded companies mentioned herein: The Kroger Co (KR), Wal-Mart Stores Inc (WMT), Whole Foods Market Inc (WFM)

Highlights

The presenter is short shares of Kroger (KR), citing increased competition across the grocery space and gas prices normalizing to lower levels as major headwinds against KR. He believes KR can decline to $29, with further potential downside if competitive headwinds continue to strengthen and KR sees market share erosion.

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Idea Discussion

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