The Kroger Co

Industry: Grocery Stores

Fortune Rank: 23

The Kroger Co. is a supermarket grocery retailer and also a manufacturer and processor of food for sale by its supermarkets. The Company operates 2,532 supermarkets. For the 28 weeks ended 8/13/05, sales rose 6% to $31.81B. Net income rose 21% to $490M. Revenues reflect higher comparable food store sales and the opening of new stores. Earnings also benefited from lower operating expenses as a percentage of sales and debt levels.

The Kroger Co. operates retail food and drug stores, multi-department stores, jewelry stores and convenience stores throughout the United States. The Company also manufactures and processes some of the food for sale in its supermarkets. As of January 29, 2005, the Company operated, either directly or through its subsidiaries, 2,532 supermarkets under two dozen banners, including Kroger, Ralphs, Fred Meyer, Food 4 Less, King Soopers, Smith's, Fry's, Fry's Marketplace, Dillons, QFC and City Market. The Company also operates 795 convenience stores, 436 fine jewelry stores and 536 supermarket fuel centers. The Kroger Co.'s supermarkets are generally operated under one of three formats: combination food and drug stores (combo stores), multi-department stores or price impact warehouses.

The Kroger Co

The Kroger Co is a Fortune 500 company. In 2010 The Kroger Co was ranked number 23 on the Fortune 500 list, making it the 23rd largest company in the United States when judged by revenue.

The Kroger Co achieved revenue of $76,733.20 million in 2010 and earned a profit of $70.00 million.

The Kroger Co's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 22nd on the Fortune 500. The Previous ranking was based on its 2009 revenue of $76,000 million (a change of 0 million compared to 2010) and profits of $1,249 million (a change of 69 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then The Kroger Co would be ranked 370th rather than 23rd due to its profits of $70 in 2010.

The Kroger Co Revenue* Profit* Fortune Ranking

* US$ Million

USPages Latest Business News At A Glance Business Shortcuts