Kroger Co. Terminates Material Definitive Agreement

Ticker: KR · Form: 8-K · Filed: 2024-12-11T00:00:00.000Z

Sentiment: neutral

Topics: agreement-termination, material-event

Related Tickers: KR

TL;DR

Kroger just terminated a big deal. Details TBD.

AI Summary

On December 11, 2024, The Kroger Co. filed an 8-K report detailing the termination of a material definitive agreement. The filing also includes Regulation FD disclosures and financial statements/exhibits. Specific details regarding the agreement terminated were not provided in the excerpt.

Why It Matters

The termination of a material definitive agreement could signal a significant shift in Kroger's business operations or strategic partnerships, potentially impacting its financial performance and market position.

Risk Assessment

Risk Level: medium — Termination of a material definitive agreement can introduce uncertainty and potential financial repercussions, warranting a medium risk assessment.

Key Players & Entities

FAQ

What specific material definitive agreement did The Kroger Co. terminate?

The provided excerpt does not specify the name or details of the material definitive agreement that was terminated.

When was the termination of the material definitive agreement effective?

The filing indicates the report date is December 11, 2024, and the earliest event reported is also December 11, 2024, suggesting the termination occurred on or around this date.

Are there any financial implications mentioned regarding the termination?

The excerpt does not detail any specific financial implications arising from the termination of the agreement.

What is the principal executive office address for The Kroger Co.?

The principal executive offices are located at 1014 Vine Street, Cincinnati, OH 45202.

What is the IRS Employer Identification Number for The Kroger Co.?

The IRS Employer Identification Number for The Kroger Co. is 31-0345740.

From the Filing

0001104659-24-127669.txt : 20241211 0001104659-24-127669.hdr.sgml : 20241211 20241211171821 ACCESSION NUMBER: 0001104659-24-127669 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20241211 ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241211 DATE AS OF CHANGE: 20241211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KROGER CO CENTRAL INDEX KEY: 0000056873 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 310345740 STATE OF INCORPORATION: OH FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00303 FILM NUMBER: 241542416 BUSINESS ADDRESS: STREET 1: 1014 VINE ST CITY: CINCINNATI STATE: OH ZIP: 45201 BUSINESS PHONE: 5137624000 MAIL ADDRESS: STREET 1: 1014 VINE ST CITY: CINCINNATI STATE: OH ZIP: 45201 8-K 1 tm2427516d10_8k.htm FORM 8-K false 0000056873 0000056873 2024-12-11 2024-12-11 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION   WASHINGTON, DC 20549   FORM 8-K   CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   Date of report (Date of earliest event reported): December 11, 2024   The Kroger Co. (Exact Name of Registrant as Specified in Its Charter)   Ohio   No. 1-303   31-0345740 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   1014 Vine Street Cincinnati , OH   45202 (Address of Principal Executive Offices)   (Zip Code)   ( 513 ) 762-4000 (Registrant’s Telephone Number, Including Area Code)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities Registered Pursuant to Section 12(b) of the Act:   Title of Each Class   Trading Symbol(s)   Name Of Each Exchange On Which Registered Common Stock, $1.00 par value per share   KR   New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨           Item 1.02 Termination of a Material Definitive Agreement.   On December 11, 2024, The Kroger Co. (“Kroger” or the “Company”) delivered a notice (the ‘Termination Notice”) to Albertsons Companies, Inc. (“Albertsons”) terminating the previously announced Agreement and Plan of Merger, dated as of October 13, 2022, by and among the Company, Albertsons and Kettle Merger Sub, Inc. (“Merger Sub”), which provided for the merger of Merger Sub with and into Albertsons, with Albertsons as the surviving corporation and a direct, wholly owned subsidiary of Krog

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