Kroger
24 named things its latest annual report says its results depend on, each in the company's own words. 10 of them are also named by other companies we've read.
Suppliers
Outside private label manufacturers
depends on · Approximately 20% of Our Brands units sold in our supermarkets are produced in our food production plantsThe remaining Our Brands items are produced to our strict specifications by outside manufacturers.Business (Item 1)
Other companies
Collective bargaining agreements
depends on · More than two-thirds of our associatesnamed as a riskMore than two-thirds of our associates are covered by collective bargaining agreements with unions, and our relationship with those unions, including any work stoppage affecting a substantial number of locations, could have a material adverse effect on our financial condition, results of operations or cash flows.Risk factors (Item 1A)
Also named by APG, BALL, CAG, CARR, HLT, HSY, IEX, NI and 10 more
United Food and Commercial Workers (UFCW)
depends on · approximately 350 collective bargaining agreementsnamed as a riskWe have committed to paying fair wages and providing the benefits that were collectively bargained with the United Food and Commercial Workers (“UFCW”) and other labor unions representing our associates.Risk factors (Item 1A)
Our Brands private label
earns from · over $39 billion of our sales in 2025Our Brands play an important role in our merchandising strategy and represented over $39 billion of our sales in 2025.Business (Item 1)
Opioid litigation
named as a riskWe currently are a party to, and will continue to be a party to, third-party legal proceedings, including matters involving personnel and employment issues, personal injury, property damage, privacy, contract disputes, private rights of action under certain regulations and other proceedings, including but not limited to opioid litigation and litigation with Albertsons.Risk factors (Item 1A)
Also named by CAH
Albertsons
named as a riskWe currently are a party to, and will continue to be a party to, third-party legal proceedings, including matters involving personnel and employment issues, personal injury, property damage, privacy, contract disputes, private rights of action under certain regulations and other proceedings, including but not limited to opioid litigation and litigation with Albertsons.Risk factors (Item 1A)
Also named by SYM
Kroger Precision Marketing (retail media)
earns fromnamed as a riskKroger Precision Marketing is a key contributor to our alternative profit strategy, which focuses on generating revenue from assets and capabilities that complement our core grocery business.Business (Item 1)
Customer fulfillment centers
operates innamed as a riskWe have closed certain customer fulfillment centers because they have not been meeting operational and financial expectations.Risk factors (Item 1A)
Hazards
Hurricanes, tornadoes, floods, wildfires, winter storms and earthquakes
operates innamed as a riskA large number of our stores, distribution facilities and fulfillment centers are geographically located in areas that are susceptible to hurricanes, tornadoes, floods, droughts, wildfires, ice and snow storms, and earthquakes.Risk factors (Item 1A)
Commodities and inputs
Diesel fuel
exposed to its price · total notional amount of $26 millionnamed as a riskAs of January 31, 2026, our outstanding diesel fuel hedge contracts had a total notional amount of $26 million.Market risk (Item 7A)
Also named by ADM, BLDR, BTU, CAH, CHD, CHRW, COST, CP and 43 more
Retail fuel (gasoline and diesel)
earns from · 1,731 fuel centersnamed as a riskWe sell a significant amount of fuel in our 1,731 fuel centers, which could face increased regulation, including due to climate change or other environmental concerns, and demand could be affected by concerns about the effect of emissions on the environment, as well as retail price increases.Risk factors (Item 1A)
Meat, seafood and dairy products
exposed to its pricenamed as a riskWe are subject to commodity price risk generated by our purchases of meat, seafood and dairy products, among other food items.Market risk (Item 7A)
Unleaded gasoline
exposed to its pricenamed as a riskWe are exposed to changes in the prices of diesel and unleaded fuel.Market risk (Item 7A)
Electricity and natural gas
exposed to its pricenamed as a riskWe have entered into fixed price contracts to purchase electricity and natural gas for a portion of our energy needs.Market risk (Item 7A)
Laws and programs
California Consumer Privacy Act
subject tonamed as a riskIf we, our third-party service providers, or those with whom we share information fail to comply with laws and regulations, or self-regulatory regimes, that apply to all or parts of our business, such as section 5 of the FTC Act, the California Consumer Privacy Act, the Health Insurance Portability and Accountability Act, or applicable international laws such as the EU General Data Protection Regulation, our reputation could be damaged, possibly resulting in lost business, and we could be subjected to additional legal risk or financial losses as a result of non-compliance.Risk factors (Item 1A)
Also named by AAP, AIOT, AKAM, ALL, APP, AYI, BAC, BBSI and 69 more
Health Insurance Portability and Accountability Act (HIPAA)
subject tonamed as a riskIf we, our third-party service providers, or those with whom we share information fail to comply with laws and regulations, or self-regulatory regimes, that apply to all or parts of our business, such as section 5 of the FTC Act, the California Consumer Privacy Act, the Health Insurance Portability and Accountability Act, or applicable international laws such as the EU General Data Protection Regulation, our reputation could be damaged, possibly resulting in lost business, and we could be subjected to additional legal risk or financial losses as a result of non-compliance.Risk factors (Item 1A)
Also named by ADI, BBY, BR, BWIN, CART, CTSH, DGX, IQV and 8 more
Payment Card Industry Data Security Standards
subject tonamed as a riskFor example, we are subject to Payment Card Industry Data Security Standards, which contain compliance guidelines and standards with regard to our security surrounding the physical and electronic storage, processing and transmission of individual cardholder data.Risk factors (Item 1A)
Also named by BBY, CAVA, DG, DLTR, FND, HD, JKHY, LUV and 2 more
Multi-employer pension plans
named as a riskWe believe the present value of actuarially accrued liabilities in most of these multi-employer plans exceeds the value of the assets held in trust to pay benefits, and we expect that Kroger’s contributions to most of these funds will increase over the next few years.Risk factors (Item 1A)
SNAP
earns fromnamed as a riskFuture economic conditions affecting disposable consumer income such as employment levels, business conditions, overall economic slowdown or recession, changes in housing market conditions, changes in government benefits such as SNAP/EBT, student loan relief, or child care credits, the availability of credit, interest rates, inflation, disinflation or deflation, tax rates, tariffs and other matters could reduce consumer spending.Risk factors (Item 1A)
Also named by KDP
Hydrofluorocarbon (HFC) refrigerant phasedown regulations
subject tonamed as a riskAs a result of current state and federal requirements regarding the phasedown of hydrofluorocarbon (“HFC”) refrigerants, we are steadily replacing our refrigerant infrastructure to reach required levels, which incurs capital costs to the business.Business (Item 1)
Extended Producer Responsibility (EPR) packaging legislation
subject tonamed as a riskIn addition, certain states have adopted Extended Producer Responsibility (“EPR”) packaging legislation with which we must comply.Risk factors (Item 1A)
Technology
Kroger loyalty card data
depends on · over 95% of customer transactionsKroger serves approximately 63 million households annually, and because of our rewards program, over 95% of customer transactions are tethered to a Kroger loyalty card.Business (Item 1)
AI agentic shopping tools
competes withnamed as a riskIf customers increasingly delegate purchasing decisions to AI agents that prioritize price, speed or other factors over retailer preference or brand loyalty, we could become disintermediated from the customer relationship.Risk factors (Item 1A)