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23. Kroger
Kroger
Financials: Latest Results
Rank: 23 (Previous rank: 25)
CEO: David B. Dillon
Was this company a 2011 top stock?

Food prices are on the rise, but Kroger is hanging tough, for now. Sales at the grocery store giant grew to $90.4 billion in 2011 (which includes its gas pump operations), an increase by more than 10% from the previous year. But the company's 2011 profits took a major hit compared to 2010, largely on account of expenses related to consolidating pension plans for its unionized employees. With some 2,435 stores under several different brand names, Kroger is the largest traditional grocery chain in the country, and it has been able to use its size to keep prices low and snag market share from competitors like Supervalu and even the gargantuan Wal-Mart. The strategy has paid off so far, but it's unclear whether the company can sustain it for much longer, particularly if food prices continue to climb.

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Key financials $ millions % change
from 2010
Revenues 90,374.0 10.0
Profits 602.0 -46.1
Assets 23,476.0
Stockholders' equity 3,981.0
Market value (3/29/2012) 13,569.7
Profits as % of  
Revenues 0.7
Assets 2.6
Stockholders' equity 15.1
Earnings per share  
2011 $ 1.01
% change from 2010 -42.0
2001-2011 annual growth rate % -2.2
Total return to investors %
2011 10.3
2001-2011 annual rate 2.4
Rank Company 500
rank
Revenues
($ millions)
1 CVS Caremark 18 107,750.0
2 Kroger 23 90,374.0
3 Walgreen 32 72,184.0
4 Safeway 63 43,630.2
5 Supervalu 75 37,534.0
6 Publix Super Markets 106 27,178.8
7 Rite Aid 113 25,214.9
8 Whole Foods Market 264 10,107.8
9 Great Atlantic & Pacific Tea 317 8,078.5
10 Winn-Dixie Stores 363 6,929.9
Issue date: May 21, 2012
Figures are for fiscal year ended Jan. 31, 2012.
Galleries and more
Headquarters
MAPS
Kroger
1014 Vine St.
Cincinnati, OH 45202
513-762-4000
www.krogerco.com
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Fortune 500+
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Rank # of Fortune 500 Companies
California 53
Texas 52
New York 50
Company Rank
Google 73
NetApp 474
NuStar Energy 377
Company 2011 $ (millions)
Exxon $41,060.0
Chevron $26,895.0
Apple $25,922.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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