Kroger Shares Rise After BNP Upgrade

BNP Paribas upgraded Kroger to 'Outperform' with a $72 price target. The stock closed at $58.41, down 0.63% on the day and 3.92% year-to-date. The upgrade is based on valuation, EPS revisions, and visibility metrics.

Kroger (KR) issued $1.5B in senior notes, split into $650M at 5.8% due 2032 and $850M at 6.2% due 2036. Proceeds will refinance debt and support general corporate purposes. The offering was underwritten by Citigroup, Mizuho, and Wells Fargo.

Kroger Co priced $1.5B in senior notes, including $650M due 2032 at 5.800% and $850M due 2036 at 6.200%. Proceeds will refinance 2026 debt and support general corporate purposes. Citigroup, Mizuho, and Wells Fargo are lead underwriters.

KROGER CO (KR) filed an SEC Form 8-K — Other Events. Item 8.01 Other Events. On April 21, 2026, The Kroger Co. (the “Company”) filed Registration Statement No. 333-295223 on Form S-3 with the Securities and Exchange Commission pursuant to Rule 415 registering an indeterminate amount of securities (the “Registration Statement”). Pur

Kroger (KR) shares fell 3.2% amid concerns over reduced 2026 identical-sales growth outlook, with full-year guidance lowered to 0.2%-0.8% from 1.0%-2.0%. The company maintained its adjusted EPS outlook. Broader market pressure on consumer staples and elevated Treasury yields also contributed to the decline. Insider sales and hedge fund activity were noted.

In Q3 2026, Hormel agreed to buy Brakebush for $1.055B, JBS proposed taking full ownership of Pilgrim’s Pride, and Intersnack acquired Utz for $2.9B. Hain Celestial and Keurig Dr Pepper sold assets to reduce debt. Kroger agreed to buy Giant Eagle for $1.65B.