Kroger Appoints Greg Foran as New Chief Executive

Kroger Company ( (KR) ) has provided an announcement.

On February 9, 2026, Kroger announced that its Board of Directors has appointed Greg Foran as chief executive officer, effective immediately, following a search for a leader capable of driving large-scale retail execution and growth. Foran, who also joins the board, succeeds Ron Sargent, who had served as interim CEO since March 2025 and will remain chairman to facilitate a smooth leadership transition.

Foran brings more than four decades of experience leading complex consumer-facing businesses, including a six-year tenure running Walmart U.S., where he oversaw a major turnaround, accelerated digital capabilities, and delivered 20 consecutive quarters of positive comparable sales. Most recently CEO of Air New Zealand until October 2025, he led the airline through pandemic disruption and a digital transformation, experience likely to bolster Kroger’s push in omnichannel retail and operational resilience while the company reaffirms its fiscal 2025 guidance and signals continuity in its long-term value strategy for customers, employees, and shareholders.

The most recent analyst rating on (KR) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on Kroger Company stock, see the KR Stock Forecast page.

Spark’s Take on KR Stock

According to Spark, TipRanks’ AI Analyst, KR is a Neutral.

Kroger’s overall stock score is driven by strong revenue growth and cash flow generation, but offset by challenges in profitability and high leverage. Technical analysis indicates bearish momentum, and valuation suggests overvaluation with a high P/E ratio. The earnings call highlights positive e-commerce growth and expansion plans, but also notes challenges such as fulfillment center closures and economic pressures.

To see Spark’s full report on KR stock, click here.

More about Kroger Company

The Kroger Co., listed on the NYSE as KR, is a major U.S. food retail company operating a large network of supermarkets and e-commerce platforms under multiple banner names. Through more than 400,000 associates serving over 11 million customers daily, Kroger focuses on food retail, digital shopping, and community initiatives such as its Zero Hunger Zero Waste program.

The company competes across traditional grocery, omnichannel retail, and alternative profit streams, emphasizing fresh offerings, private-label brands, personalization, and online ordering with pickup and delivery. Its scale and extensive store base position Kroger as one of the most influential players in American food retail, with strategic focus on growth, operational efficiency, and shareholder value.

Average Trading Volume: 6,578,003

Technical Sentiment Signal: Strong Buy

Current Market Cap: $42.72B

For an in-depth examination of KR stock, go to TipRanks’ Overview page.