Kroger, Food Lion, Publix not changing prices because of Trump's election | Fact check [USA TODAY]
Kroger Company (The) (KR)
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Source: USA TODAY
A Nov. 10 Facebook post ( ) attributes a purported development for consumers to President-elect Donald Trump defeating Vice President Kamala Harris in the presidential election. “Kroeger (sic), Food Lion, and Publix all announced a 4 percent price cut across the board,” the post reads. “He's already making a difference.” The post was shared more than 100 times in nine days. A similar claim was also made on Our rating: False None of the chains have announced price cuts in response to the election. The claim originated on a satirical website but has been shared since as authentic news. Claim originated with frequent satire source The were considered major issues in the run-up to the 2024 presidential election, and Trump was able to capitalize on the view of many voters that were to blame for rising costs. But the claim about prices being cut shortly after Trump's victory is false. None of the named grocery companies – or – have announced price cuts in response to the elec
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KR
Earnings
- 9/12/24 - Beat
KR
Sec Filings
- 11/22/24 - Form 8-K
- 11/19/24 - Form 8-K
- 11/13/24 - Form 8-K
- KR's page on the SEC website