Erste Group Downgrades Kroger (KR) to Hold

The Kroger Co. (NYSE:KR) is one of the 11 Best Consumer Staples Stocks to Invest In.

On April 27, 2026, Erste Group downgraded The Kroger Co. (NYSE:KR) to Hold from Buy, saying the stock’s valuation remains low and is likely to stay that way in the medium term, limiting upside potential. The downgrade came less than a month after Erste initiated coverage of Kroger with a Buy rating on April 2.

On April 23, 2026, Beyond Meat announced the nationwide rollout of a new Beyond Chicken Pieces product at more than 2,000 Kroger stores.

Last month, The Kroger Co. and The Kroger Family of Pharmacies announced that Eli Lilly’s (NYSE:LLY) newly launched Zepbound KwikPen, a multi-dose delivery option for its weight-loss medication, is now available at participating Kroger pharmacies as part of the company’s efforts to expand access to GLP-1 therapies.

The Kroger Co. (NYSE:KR) operates food and drug retail stores across the U.S., including combination food and drug stores, multi-department stores, marketplace stores, and price-impact warehouses.

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