Reported 2 days ago
Kroger Co. is laying off nearly 1,000 corporate employees as part of a business restructuring, which has raised concerns among investors. However, the grocery giant's dividend remains robust, with a recent increase, and analysts are optimistic about future earnings growth despite the layoffs and store closures. With current stock prices below industry averages, some believe this might be an opportune moment to buy into Kroger.
Source: YAHOO