Kroger’s stock rose Thursday after the supermarket giant said it’s better suited than others to handle the impact of trade tariffs, since many of its wares come from domestic sources.

Kroger reported 2024 sales results that were lower than Wall Street forecasts on Thursday, but the grocer predicted sales would pick up in 2025.

Kroger on Thursday forecast annual same-store sales largely above Wall Street estimates, fueled by steady grocery demand as value-conscious shoppers prioritize staples such as fresh fruits and vegetables.

Kroger is seeking a new path forward after the company said its long-tenured chief executive officer, Rodney McMullen, resigned following the board’s investigation into his personal conduct.

Kroger CEO Rodney McMullen is resigning immediately from the grocery store chain following an investigation that found his personal conduct was “inconsistent” with the company’s ethics policies.

Rodney McMullen and Vivek Sankaran tried mightily to bring their companies together. Now they’re leaving behind retailers on sharply different paths.

The Kroger Co (KR) reports robust digital sales and outlines strategic initiatives for growth despite inflationary pressures and challenges in alternative profit businesses.

The FIFO gross margin rate, excluding rent, depreciation and amortization, fuel, and the 53rd week in 2023, increased 54 basis points compared to the same period last year. The improvement in rate was primarily attributable to the sale of Kroger Specialty Pharmacy and lower shrink, partially offset by lower pharmacy margins.