Online grocery sales hit a record high of $10.5B in October [Yahoo! Finance]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: Yahoo! Finance
It was a record high for online grocery sales and was the second month in a row that online sales growth exceeded 20%, the report noted. Delivery channels saw the biggest growth, skyrocketing 46% to $4.8 billion, which was a new record for the segment, and its monthly active user base grew 16% year over year. Most of those gains were due to increases in users from households between the ages of 30 and 60, according to the report. Month over month, order volume for delivery jumped 24%. “In addition, delivery's average order value (AOV) climbed by over 15%, partly due to a growing share of customers who use the services more frequently and tend to spend more as their usage increases,” the survey noted. Grocery pickup also experienced substantial growth year over year, capturing $4.2 billion in sales, for a 20% increase. Pickup orders climbed 6%, largely driven by a 13% increase in average order volume. Ship-to-home also got a 6% boost year over year in October on sales of $1.5
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News
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- Kroger's Freshgiving Prices are Lower than Everyday Low [Yahoo! Finance]Yahoo! Finance
- Kroger's Freshgiving Prices are Lower than Everyday LowPR Newswire
- Pete Alonso's best free agent fits: Will Mets bring back Polar Bear? [USA TODAY]USA TODAY
- Kroger Celebrates the Joy of Connecting with Food This Holiday SeasonPR Newswire
KR
Earnings
- 9/12/24 - Beat
KR
Sec Filings
- 11/13/24 - Form 8-K
- 11/8/24 - Form SC
- 11/6/24 - Form 8-K
- KR's page on the SEC website