Kroger has been in financial trouble for a while now, and there’s no clear indication as to when or if things will get better. Kroger’s problems stem from a number of factors, including its large debt load, competition from Walmart and Amazon, and a slowdown in the grocery industry.
While Kroger has made some strategic moves to try and improve its business, it’s not clear if these will be enough to turn things around. Kroger’s stock has fallen significantly in the past year, and it’s currently trading at around $27 per share.
If things don’t improve soon, Kroger may be forced to file for bankruptcy.
Ultimately, it’s unclear if Kroger will be able to turn its business around. However, if it does, it could potentially provide some relief for investors who have been worried about the company’s future.