Kroger Co, a major player in the American food distribution sector, has received a neutral recommendation from UBS. The company's sales are driven by the distribution of non-perishable food products, which accounts for 51.3% of total sales.
Fresh produce contributes 23.8% to sales, while supermarket operations represent 12.8%. Kroger also operates supermarkets with service stations, which make up 11.1% of its activities. Pharmaceutical product distribution constitutes 9.5% of sales, with the remaining 4.3% derived from various other activities, including the manufacture of food products for third parties across 33 production sites in the U.S.
As of March 2, 2024, Kroger operates 2,722 supermarkets, including 2,257 with pharmacies and 1,665 featuring service stations. All sales are generated within the United States, highlighting the company's significant presence in the domestic market.