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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    Thanks