Rodney McMullen is fighting to save the deal he believes will secure Kroger’s future in the next wave of industry disrupters.

A victory for the Federal Trade Commission, set to conclude Tuesday, could pave the way for an Amazon buying spree.

Kroger’s results show a 1.2% increase in identical sales excluding fuel, an operating profit of $815 million, and an adjusted FIFO operating profit of $984 million.

FILE – The exterior of Kroger’s fulfillment center is shown on July 27, 2022 in Dallas, Tex. (Rebecca Slezak/The Dallas Morning News via AP, File) FILE – Kroger CEO Rodney McMullen leaves ...

FILE – The exterior of Kroger’s fulfillment center is shown on July 27, 2022 in Dallas, Tex. (Rebecca Slezak/The Dallas Morning News via AP, File) FILE – Kroger CEO Rodney McMullen leaves ...

near the Kentucky border. Almost overnight, McMullen said, the supercenter took between 30% and 35% of the sales from nearby stores run by Kroger, the century-old supermarket chain.

Kroger Company (NYSE:KR) reported second-quarter adjusted earnings per share of 93 cents, beating the analyst consensus estimate of 91 cents. Quarterly sales of $33.912 billion (nearly flat year ...

PORTLAND, Ore. (AP) — The federal government urged a U.S. District Court judge on Tuesday to temporarily prevent a proposed merger between Kroger and Albertsons, saying in closing arguments the ...

Kroger's Q2 EPS of 93 cents surpasses estimates, while quarterly sales slightly miss consensus. Kroger revises FY24 identical sales forecast to 0.75%-1.75% range and maintains adjusted EPS outlook ...

Kroger has said it plans to invest $1 billion in lower prices, if the merger goes through. Wolf said the company would focus on lowering prices “from day one.” But Musser said the judge should ...

Kroger exited the quarter with cash and temporary cash investments of $2.8 billion, with inventories of $6.64 billion. The company’s long-term debt, including obligations under finance leases ...