The Kroger Co
KR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$48.00 | Fgj | Jrxftwcq |
Kroger Executing Well in a Tough Disinflationary and Consumer Landscape
Business Strategy and Outlook
Of the traditional grocers, we believe Kroger's scale, partnerships, private-label fare, and data capabilities uniquely position the company to defend its returns against competition that should intensify as Amazon, mass merchandisers, and hard discounters continue to price aggressively to boost volume. We contend that Kroger still benefits from enduring intangible assets and cost advantages, even if its acquisition of Albertsons is derailed by regulators.