Kroger Addresses Shareholders Ahead of Meeting: Discusses Tariff Impacts and Pricing Strategies

Reuters
06/28
Kroger Addresses Shareholders Ahead of Meeting: Discusses Tariff Impacts and Pricing Strategies

At Kroger's 2025 Annual Meeting of Shareholders, a key question was raised regarding the company's response to the changing tariff situation and whether these costs would be passed onto consumers. Ronald Sargent, Interim Chief Executive Officer and Chairman of the Board, addressed this concern by explaining that Kroger is less impacted by the proposed tariffs compared to its competitors due to the types of products it sells. He assured shareholders that the company is proactively working with suppliers to source products from regions less affected by tariffs, emphasizing that price increases are considered a last resort. Kroger is committed to avoiding higher prices for customers who need value now more than ever. The full document can be accessed through the link below.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Kroger Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-063626), on June 27, 2025, and is solely responsible for the information contained therein.

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