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’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 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 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.

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 board member Ron Sargent is taking the helm at the nation’s largest supermarket chain as questions about former CEO Rodney Mullen continue.

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

The overall performance was solid, but the report raised concerns about profitability. It comes just two days after CEO Rodney McMullen abruptly resigned after an investigation into his personal conduct. The Chairman of the Board, Ron Sargent, has stepped in as interim CEO.