Kroger Co, a prominent food distributor in the United States, is said to have a neutral stance, as per UBS.
The company's revenue is mainly generated from the distribution of non-perishable food products, accounting for 51.3%. Fresh produce, including fruits, vegetables, and meats, contributes 23.8%, while supermarket operations and service stations make up 12.8% and 11.1% respectively. Kroger's pharmaceutical product distribution represents 9.5% of sales, with other activities, such as manufacturing food products for third parties, comprising 4.3%.
As of March 2, 2024, Kroger operates 2,722 supermarkets across the United States, including 2,257 locations with pharmacies and 1,665 that feature service stations. The company's wide range of products and extensive distribution network position it as a significant player in the American retail industry.