The Kroger Co
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Transcript of The Kroger Co
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7/28/2019 The Kroger Co
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The Kroger Co.
Hasnat Ahsan
43E, 10
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Basics
Grocery retailer
Founded in 1883 by Bernard Kroger
Headquarters in Cincinnati, Ohio Current Chairman & CEO David Dillon
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Numbers
US$ 90.4 billion in sales for fiscal year 2012
US$ 1496 million profit
2nd
largest general retailer by revenue in USA 4th largest in world
Operates through 3574 stores located in 31
states 339000 employees
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Recent Jump
Stock is up nearly 50% in last year(2012)
Earning more than doubled compared to last
year
Sales rose
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Reason behind the Jump
One advantage is size and scale
Working to cut cost and reinvest the savings
Lowered pension plan Sold one large subsidiary last year
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