Kroger Co at JPMorgan US All Stars Conference Transcript

Sep 20, 2022 / 05:00PM GMT
Kenneth B. Goldman - JPMorgan Chase & Co, Research Division - Senior Analyst

All right. Hello, everybody. Thank you for joining us today. I'm Ken Goldman with JPMorgan. I'm the U.S. food producers and food retailers analyst. And I'm really excited to be hosting the Kroger Company for today's fireside chat. For those of you who may not be quite as familiar with Kroger, they're the biggest full selection grocer in the United States, actually is one of the largest companies period in the United States in terms of revenues and employee account. And of course, it's in the business of feeding family. So it's not just sizable, but also fundamentally important.

And of course, Kroger is not just a traditional brick-and-mortar company. It's also a company, I would think it's fair to say that the Vanguard of digital ordering and fulfillment, whether through click and collect or first person delivery. They've, of course, built a very impressive and higher margin stream of alternative revenues and profits.

I can list all of them, but I think it would take up the entire 45 minutes, I think.

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