Kroger and Murray's Cheese Launch Holiday Cheese Gifts and Experiences
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 22 hour ago
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Source: Newsfilter
- Holiday Cheese Experience: Kroger collaborates with Murray's Cheese to offer holiday cheese gifts available nationwide through Kroger stores and online, enhancing the entertainment and deliciousness of festive gatherings.
- Award-Winning Cheese: Murray's Cave Aged Original Stockinghall Cheddar won Best Cheddar, Best American Cheese, and fifth place globally at the World Cheese Awards, significantly boosting brand visibility and attracting more customers.
- Custom Cheese Boards: Customers can choose from pre-made or custom cheese boards featuring popular cheeses and cured meats, catering to holiday gathering needs and enhancing customer shopping experience and satisfaction.
- Cheese Club: Murray's Cheese Club offers five monthly cheese experiences shipped nationwide, appealing to cheese enthusiasts, increasing customer loyalty, and driving sustained sales growth.
KR.N$0.0000%Past 6 months

No Data
Analyst Views on KR
Wall Street analysts forecast KR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KR is 78.07 USD with a low forecast of 70.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast KR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KR is 78.07 USD with a low forecast of 70.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 61.240

Current: 61.240

Neutral
downgrade
$74 -> $68
Reason
Citi analyst Paul Lejuez lowered the firm's price target on Kroger to $68 from $74 and keeps a Neutral rating on the shares.
Equal Weight
maintain
$76 -> $72
Reason
Morgan Stanley lowered the firm's price target on Kroger to $72 from $76 and keeps an Equal Weight rating on the shares. While underlying trends are "largely stable ex-macro," the bull case for a top-line acceleration is "getting pushed out," the analyst tells investors in a post-earnings note.
Neutral
downgrade
$73 -> $71
Reason
JPMorgan lowered the firm's price target on Kroger to $71 from $73 and keeps a Neutral rating on the shares. The firm says the company's ID sales have slowed while its price investments are picking up.
Neutral
downgrade
$74 -> $70
Reason
UBS analyst Michael Lasser lowered the firm's price target on Kroger to $70 from $74 and keeps a Neutral rating on the shares. The firm updated the company's model post the Q3 report.
About KR
The Kroger Co. is a food and drug retailer. The Company operates supermarkets, multi-department stores and fulfillment centers throughout the United States. It operates approximately 2,731 supermarkets, 2,273 pharmacies and 1,702 fuel centers in over 35 states and the District of Columbia while also operating online through a digital ecosystem to offer customers an omnichannel shopping experience. The Company also manufactures and processes food for sale in its supermarkets and online. It offers Pickup and Harris Teeter ExpressLane personalized, order online, pick-up at the store services at approximately 2,412 of its supermarkets and provides delivery, which allows it to offer digital solutions to substantially all of its customers. Its delivery solutions include orders delivered to customers at retail store locations, customer fulfillment centers and orders placed through third-party platforms. The Company also offers customer-facing apps and interfaces.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.