Bloomberg
Kroger CFO: We Are an Agent for the Consumer
Thursday, October 22, 2026
Kroger Chief Financial Officer David Kennerley said the company plans to invest $5 billion in consumer value through affordable groceries and simplified promotions. The company intends to fund this investment through $4 billion in structural cost savings. Kennerley stated that Kroger is experiencing a slight uptick in inflation within its earlier projections for the year and will accept supplier price increases only when justified.
Original reporting:
- Bloomberg — Kroger CFO: We Are an Agent for the Consumer