Comments for KR - Stockpickr! Your Source for Stock Ideas

Comments for KR

Added By	Comments	Type	Date Added
Stockpickr Staff #2	By Trading Nymph: Long.	Love	November 27, 2009
RhinoStocks	Increased dividend to $0.95 from $0.90 for shareholders of record on November 16.	Love	September 21, 2009
barrons3	Kroger, the nation's largest grocery chain, is a typical Auxier investment. The stock is off 23% from its 52-week high of 29. The company has been hit by food-price deflation and a punk economy, but fetches only 10.5 times estimated earnings. And, the business is enduring. Auxier says the stock could command 14 times earnings, or 28 a share.	Love	September 05, 2009
barrons3	Kroger (KR), Safeway (SWY) and Wal-Mart (WMT) are the cheapest, and they are down.	Love	August 06, 2009
Larry Adcock	purchased during employment	Love	July 25, 2009
barrons3	Buy - Price 21.46 on June 23 by Kevin Dann & Partners Kroger reported first-quarter '09 EPS of 66 cents, versus our 60-cent estimate and 58 cents last year. Identical-store sales growth, ex-fuel, came in at 3.1%, versus our 3% estimate and 5.3% last year. The earnings upside was driven by better than-expected gross margin of 24.4%, versus 22.9% last year. Excluding fuel, gross margins expanded by five basis points (reversing a trend of declines for the prior few quarters), which management attributed to [less lost inventory], advertising, warehouse expenses, and lower diesel fuel prices. [Earnings before interest and taxes, or Ebit] margins of 3.7% were much better than our 3.3% estimate. Total revenues of $22.8 billion declined by 1.5% [from] last year's $23.1 billion and our $23.2 billion estimate. The top-line weakness was due to lower fuel-dollar sales, as the average retail price for a gallon of gas was down 41% year over year. Excluding fuel, total sales increased 3.9%....Our 26 target assumes Kroger can trade at 11.8 times our 2010 EPS estimate of $2.20, and 5.7 times our 2010 [earnings before interest, taxes, depreciation and amortization] estimate of $4.3 billion. We also expect the stock to yield approximately 4% in free cash flow. Market cap: $14.3 billion.	Love	June 27, 2009
BFenton3	well managed,safe.well financed	Love	June 12, 2009
VipPlatinumPlaya	Disappointing Outlook	Hate	April 07, 2009
sarah z	From a recent Mad Money show:"This is the only supermarket chain I'm going to recommend. They've done an amazing turnaround. That's an absolute buy."	Love	March 17, 2009
barrons3	Anything with any sort of higher price point was a disaster in January, and there's a food war going on among Kroger (KR), Safeway (SWY) and Wal-Mart (WMT) that's disastrous for margins.	Love	February 18, 2009
sarah z	From a recent Mad Money show: "This is the only supermarket chain I'm going to recommend. They've done an amazing turnaround. That's an absolute buy."	Love	January 14, 2009
g42l	snacks	Love	November 06, 2008
High Dividends	1.4%	Love	October 23, 2008
stockyouth1	Picked this one up at the right time, when it was low and before it started giving dividends. Has done nothing but be up (up to 98%) from purchase price and started dividends.	Love	October 22, 2008
barrons3	Strategas screened for staple companies with net margins above three-year average, improving net operating cash flow, and reasonable price-to-sales ratios relative to the sector's average, and came up with names including Altria (MO), Kroger (KR), Sysco (SYY), H.J. Heinz (HNZ), Safeway (SWY), and Molson Coors Brewing (TAP).	Love	October 18, 2008
barrons3	Najarian highlighted heavy options action in Kroger(KR). He said 22,000 calls traded on the stock today with 11,000 trading on the September 30 calls. He believes the stock is heading higher.	Love	September 17, 2008
jeffpc	Cramer likes it, so do I	Love	September 02, 2008
stockerblog	8/13/2008	Love	July 26, 2008
Pat0827	Kroger foods has had substantial gains over the past 3 years despite a downtrodden market.	Love	July 12, 2008
barrons2	Karen Finerman suggests a pairs trade - long Kroger (KR) and short Whole Foods (WFMI).	Love	July 09, 2008
presigo	Supermarket chains seem to be a relatively safe haven in a high inflationary time	Love	July 04, 2008
normpetersdorf	Everyone's Got to Eat...... This grocery has a great base and is right in the middle of the market.	Love	May 24, 2008
sarah z	From a recent Mad Money show: "I'm concerned about the supermarkets. The margins are getting squeezed. I cannot endorse that group."	Love	May 20, 2008
sarah z	From a recent Mad Money show: "Both Safeway (SWY) and Kroger are breaking out. I say pull the trigger here; the pin action there is great."	Love	May 06, 2008
High Dividends	20%	Love	March 17, 2008
sarah z	Cincinnati's supermarket chain said its board approved the repurchase of up to $1 billion in common stock. This new plan will replace the $1 billion plan announced in June of last year, which has approximately $6 million remaining. The time of the repurchases will depend on market conditions and will be financed through free cash flow. Kroger has been returning value to shareholders at a consistent rate since January 2000. Since then, the company has repurchased $4.8 billion in stock and spent $290 million on dividends. In an effort to maintain a superior investment grade rating, Kroger has also reduced total debt by $1.5 billion since January 2000. Kroger’s CEO and Chairman, David B. Dillon said, "The new share repurchase authorization reflects our confidence in the Company's Customer 1st strategic plan and our belief that Kroger shares represent an attractive investment opportunity." We were also glad to see that company leaders are buying shares for their own accounts. In December, company director Robert Beyer spent about $1 million buying 40,000 shares at an average price of $26.79. Credit Suisse upgraded the stock to outperform and argues that the 8% sell off since the company reported third quarter earnings in November is unwarranted. Analyst Edward Kelly believes the disappointment was mostly driven by a drop in fuel earnings. But seeing as fuel earnings are extremely volatile from quarter to quarter, they make a terrible indicator of Kroger's overall business. After all, Kroger did report earnings of 37 cents a share, beating the consensus of 35 cents a share and surging 23.3% past last year’s earnings. Kelly believes the long-term outlook sill remains strong. Kroger has the industry leading ID growth, which is expected to continue into 2008, and impressive margin expansion. In volatile markets where recession fears are looming, a defensive stock like KR becomes even more attractive. Historically, the food retail sector outperforms in a recession. Trading at 13.7x earnings, Kelly set the price target at $32, representing 20% upside potential.	Love	January 30, 2008
stockerblog	310,000	Love	January 26, 2008
ChetHosmer	Security in Grocery during recession	Love	November 10, 2007
istanbul03	gotta eat	Love	October 23, 2007
barrymanalo	wanted more diversity portfolio	Love	October 16, 2007