Financial results were impacted by Medicare drug price changes as well as economic conditions impacting consumer spending.
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
NCB Co-op 100: Grocery Cooperatives Post $32.3B In Revenue
The co-ops share “a common commitment to creating value for their members and strengthening the communities they serve,” says NCB’s president.
Kroger CFO Details $4B Cost-Savings Plan, New Financial Framework
David Kennerley said at the company’s 2026 Investor Update that “this is not a plan on paper. All this work’s underway, already generating savings.”
Sprouts Comps Dip 0.9% In Q3 As Grocer Opens Record 15 Stores
CEO Jack Sinclair: “…we recognize the need to improve our performance and are taking action to strengthen execution and drive traffic.”
FMI, Merchants Welcome Court Ruling Striking Down Debit Swipe Fee Cap
Food retail and merchant groups are applauding the decision as banking groups say the ruling will harm consumers.
PSP Investments, Nuveen Launch $790M Grocery-Anchored Retail Venture
The plan is to invest in metro areas with strong population growth, rising household incomes and high barriers to entry.
Kroger Outlines Plan To Build ‘America’s Favorite Grocer’
Plans include investing in areas like fresh food and meals, as well as increasing the number of shoppers who buy groceries online.
Grocery Prices Dip 0.1 Percent In September As Gas Pushes Inflation Higher
Grocery prices fell 0.1 percent in September and are up 1.8 percent over the year, while gasoline pushed overall inflation to 3.7 percent.
Albertsons Pulls Fiscal 2026 Outlook, Launches Business Review As Q2 Net Income Falls
Albertsons Companies withdrew its fiscal 2026 outlook and launched a business review as second quarter net income fell and identical sales slipped.
Costco Q4 Comp Sales Up 9.4%; FY26 Net Sales Hit $297.2B
President and CEO Ron Vachris pointed to opportunities in new U.S. markets such as Buffalo, New York, and Lawrence, Kansas.
Kroger Offering World Elite Mastercard To Amplify Customer Rewards
Cardholders can earn up to 5X points on purchases through Kroger.com and the Kroger app.
Costco Caps FY26 With $297.3B In Sales, Up 10.2 Percent
The membership club retailer announced the preliminary yearly results while announcing August’s strong sales figures.
Small Discrepancies, Real Dollars: A Look at Grocery Invoice Data
If these small discrepancies aren’t identified and addressed, they can easily become patterns that repeat month after month, store after store.
Kroger Q2 Identical Sales Up 0.2%; Sales Guidance Lowered
Adjusted e-commerce sales was a bright spot for the grocer, growing 20 percent during the quarter.
UNFI Caps Fiscal 2026 With Q4 Profit, 27 Percent EBITDA Growth
The Rhode Island-based wholesaler’s fiscal year ended Aug. 1 was defined by network optimization and profitability gains.
BJ’s Membership Hits Record 8.5M As Q2 Comps Jump
Chairman and CEO Bob Eddy said BJ’s “value proposition continued to resonate with members in our clubs and at our gas stations.”
Twelve Times The Profit: What Separates Independent Grocery’s Leaders From The Field
The 2026 U.S. Independent Grocers Financial Study shows profit leaders earning 12 times the field. Most of the gap sits in the fresh perimeter.
Walmart Reports Second-Quarter Revenue Growth of 5.9%
Walmart reported second-quarter revenue of $187.9 billion, up 5.9 percent, with e-commerce sales up 23 percent, and raised its full-year outlook.
Common Cents Act: 4 Things Grocers Should Know About Nickel Rounding
With the Common Cents Act moving through Congress, retailers are gaining legal authority to round cash transactions to the nearest nickel. Retail technology provider Ravyx offers insights on what grocers should know.
Who Pays When A Recall Empties The Shelf?
Recalls trigger duplicate invoices, unclaimed credits and miscoded costs that quietly drain grocery margins, says Ottimate CEO Shawn Lane.
