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Grocery & Big Box

Kroger

Parent: The Kroger Co. · Public

NYSE: KR$68.01+0.5%close Nov. 9, 2026
Credit ratingBaa1 Investment grade
Moody’s Baa1S&P BBB
AAAAAABBBBBBCCCD
Investment gradeHigh yield

Moody’s, as of Sept. 28, 2026. Source: Kroger pricing term sheet (FWP), SEC

Founded1883Source: Wikidata
Employees453,000as of 2018; source: Wikidata
Locations2,697Jan. 2026; source: KR Form 10-K, fiscal year ended 2026-01-31
HeadquartersCincinnati, OhioGrocery & Big Box

New Initiatives

How the real estate strategy is changing: openings, closures, formats, remodels, relocations and refranchising.

  • Kroger agreed to acquire Pittsburgh-based grocer Giant Eagle for $1.65 billion, with closing expected in 2027.

    Source: Kroger

  • Recorded store closure costs in 2025 tied to the planned closing of about 60 stores.

    Source: The Kroger Co. Form 10-K (filed Mar. 31, 2026)

  • Kroger plans about 60 closures by the end of 2026 and about 110 new stores by 2029 across three formats.

    Source: Grocery Dive

Kroger is one of the largest U.S. supermarket operators, with banners including Ralphs, Fred Meyer, King Soopers, Harris Teeter and Smith’s. After its merger with Albertsons was blocked in December 2024, Kroger turned to store growth and smaller acquisitions.

Store count

2,697 as of Jan. 31, 2026
-1.2% 1-year change vs. prior fiscal year
  1. 2,7782016
  2. 2,7962017
  3. 2,7822018
  4. 2,7642019
  5. 2,7572020
  6. 2,7422021
  7. 2,7262022
  8. 2,7192023
  9. 2,7222024
  10. 2,7312025
  11. 2,6972026

Supermarkets (parent-wide, all Kroger banners). Counts as reported at each period end. Sources: KR Form 10-K, fiscal year ended 2023-01-28; KR Form 10-K, fiscal year ended 2024-02-03; KR Form 10-K, fiscal year ended 2025-02-01; KR Form 10-K, fiscal year ended 2026-01-31 and 7 earlier sources.

What’s changing

  1. M&A

    Kroger agreed to acquire Pittsburgh-based grocer Giant Eagle for $1.65 billion, with closing expected in 2027. Source: Kroger

SEC Filings

Annual reports filed by The Kroger Co.. All filings on EDGAR

PeriodFormFiledDocument
Fiscal year ended Jan. 31, 202610-KMar. 31, 2026View on sec.gov
Fiscal year ended Feb. 1, 202510-KApr. 1, 2025View on sec.gov
Fiscal year ended Feb. 3, 202410-KApr. 2, 2024View on sec.gov
Fiscal year ended Jan. 28, 202310-KMar. 28, 2023View on sec.gov
Latest quarter, period ended Aug. 15, 202610-QSept. 18, 2026View on sec.gov

Credit ratings

AgencyRatingOutlookAs ofSource
Moody’sBaa1Sept. 28, 2026Kroger pricing term sheet (FWP), SEC
S&P GlobalBBBSept. 28, 2026Kroger pricing term sheet (FWP), SEC

Bond market context

Issuer bond yieldUnavailable. No free, licensed source for individual bond yields.
BBB index effective yield5.95% (Nov. 6, 2026; ICE BofA BBB US Corporate Index)
BBB index spread (OAS)116 bps over Treasuries; 104 bps a year earlier (FRED)
10-year Treasury4.88% (Nov. 9, 2026)

The index row shows the yield on BBB-rated U.S. corporate bonds as a group, the closest free benchmark for this rating category. It is not the yield on this company’s own bonds.

Share prices, Yahoo Finance, as of Nov. 9, 2026. Bond index yields and spreads, ICE BofA US corporate and high yield indices, ICE Data Indices, LLC, via FRED, Federal Reserve Bank of St. Louis. 10-year yield, U.S. Department of the Treasury.

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