Kroger Co.’s Q3 2024 Earnings Call: A Playful and Personal Recap

The Kroger Co. Q3 2024 Earnings Conference Call

December 5, 2024 | 10:00 AM ET

Company Participants:

Robert Quast – Senior Director, Investor Relations

Rodney McMullen – Chairman and CEO

Todd Foley – Interim Chief Financial Officer

Conference Call Participants:

Simeon Gutman – Morgan Stanley

Rupesh Parikh – Oppenheimer

Leah Jordan – Goldman Sachs

Ken Goldman – JPMorgan

Ed Kelly – Wells Fargo

Michael Lasser – UBS

John Heinbockel – Guggenheim Partners

Michael Montani – Evercore ISI

Robert Dickerson – Jefferies

Jacob Aiken-Phillips – Melius Research

Chuck Cerankosky – Northcoast Research

Operator: Good morning. And welcome to The Kroger Co. Third Quarter 2024 Earnings Conference Call.

As many eagerly awaited, The Kroger Co. recently held their Q3 2024 Earnings Conference Call, providing investors and analysts with valuable insights into the company’s performance and future prospects. Senior Director of Investor Relations, Robert Quast, along with Chairman and CEO Rodney McMullen, and Interim Chief Financial Officer Todd Foley, presented the financial results and discussed key highlights during the call.

Several notable conference call participants, including representatives from Morgan Stanley, Oppenheimer, Goldman Sachs, and JPMorgan, among others, engaged in discussions and asked pertinent questions to gain a better understanding of Kroger’s financial standing and strategic direction.

Overall, the conference call was informative and provided valuable insights for investors looking to assess Kroger’s performance and potential growth opportunities in the market.

How This Will Affect Me:

As a current or potential investor in The Kroger Co., the information shared during the Q3 2024 Earnings Conference Call can help you make informed decisions regarding your investment strategy. Understanding the company’s financial performance and future outlook can guide your investment choices and portfolio allocation.

How This Will Affect the World:

With Kroger being a major player in the retail industry, its financial performance and strategic decisions can have a ripple effect on the broader economy. From supplier relationships to consumer trends, Kroger’s actions can influence various aspects of the retail landscape and potentially impact the overall market dynamics.

Conclusion:

Overall, The Kroger Co.’s Q3 2024 Earnings Conference Call provided valuable insights for investors and analysts alike, shedding light on the company’s performance and future prospects. As the retail industry continues to evolve, staying informed about key players like Kroger can help stakeholders navigate the market effectively.

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