Kroger raises dividend 11.4% and announces $2B buyback amid Q1 sales slowdown and margin pressure.

·15 Aug
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Kroger announced an 11.4% dividend increase and a $2 billion share buyback program, despite a Q1 sales slowdown and margin pressure. The company's e-commerce and private brand segments showed strong growth, contributing to its attractive valuation. The potential acquisition of Giant Eagle is expected to further enhance Kroger's regional presence and pharmacy exposure.

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