Kroger personal finance outlook into mid-2024 anticipates

Kroger personal finance outlook into mid-2024 anticipates continued defensive performance in the consumer staples sector, supported by stable earnings and resilient grocery demand across core markets. In January, Kroger and Albertsons pushed back the timeline for their proposed merger, saying they now expect their deal to close during the first half of Kroger’s current fiscal year , which began Sunday. Also last month, Washington state Attorney General Bob Ferguson sued to prevent the grocers from combining. “I certainly don’t plan to be a status quo CEO,” Sargent said. “But on the other hand, our plans are really solid for 2025 and I’m looking forward to being a part of it.” Investors watching Kroger personal finance movements point to strong free cash flow of $2.9B over the last 12 months. Analysts expect this to support continued share repurchase programs, reducing outstanding float and boosting EPS.