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Kroger’s Year-to-Date Earnings Double While Pushing for Merger That Will Raise Food Prices

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Today, Kroger reported $466 million in Q2 2024 earnings, with year-to-date earnings of $1.4 billion nearly doubling from 2023—sky-high totals that coincide with criticism that some grocery retailers continue to use inflation as an excuse to pad profits.

Make no mistake: If the merger goes through, it will leave many families worse off with higher prices and fewer store locations.” —Accountable.US Liz Zelnick The Consumer Financial Protection Bureau recently found that Kroger—along with Dollar General and Dollar Tree/Family Dollar—has charged Americans over $90 million in junk fees annually “just to access their own money” via cash back transactions. In response, government watchdog Accountable.

 

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