Kroger (KR) Stock Looks Fully Priced After A 67% Run

Kroger has delivered a strong multi year return, yet with the stock around US$60 today and fresh headlines about pricing, private labels and store investment, the live question is whether that share price still lines up with the earnings behind it. Over the past 5 years the stock has gained 67.3%, which puts extra weight on whether the current earnings profile can carry that kind of value creation from here. Recent moves to pull brands like Red Bull while pushing more own label products,...