healthcare industry, including pharmacy benefit managers; Kroger's
ability to negotiate modifications to multi-employer pension plans;
natural disasters or adverse weather conditions; the effect of public
health crises or other significant catastrophic events; the potential
costs and risks associated with potential cyber-attacks or data security
breaches; the success of Kroger's future growth plans; the ability to
execute Kroger's growth strategy and value creation model, including
continued cost savings, growth of Kroger's alternative profit businesses,
and Kroger's ability to better serve its customers and to generate
customer loyalty and sustainable growth through its strategic pillars of
Fresh, Our Brands, Data & Personalization, and Seamless; the successful
integration of merged companies and new partnerships; Kroger's ability to
maintain an investment grade credit rating; and the risks relating to or
arising from its proposed nationwide opioid litigation settlement,
including our ability to finalize and effectuate the settlement, the
scope and coverage of the ultimate settlement and the expected financial
or other impacts that could result from the settlement;
-- Kroger's ability to achieve these goals may also be affected by its
ability to manage the factors identified above. Kroger's ability to
execute its financial strategy may be affected by its ability to generate
cash flow;
-- Kroger's effective tax rate may differ from the expected rate due to
changes in tax laws or policies, the status of pending items with various
taxing authorities, and the deductibility of certain expenses; and
-- the outcome of the Exchange Offers and Consent Solicitations.
The Company cannot fully foresee the effects of changes in economic conditions on Kroger's business. Other factors and assumptions not identified above, including those discussed in the "Risk Factors" section of the Offering Memorandum, the "Risk Factors" section in Kroger's most recently filed Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and in any subsequent documents that Kroger files with the U.S. Securities and Exchange Commission, could also cause actual results to differ materially from those set forth in the forward-looking information. Accordingly, actual events and results may vary significantly from those included in, contemplated or implied by forward-looking statements made by Kroger or Kroger's representatives. The Company undertakes no obligation to update the forward-looking information contained in this press release.
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SOURCE The Kroger Co.
/CONTACT: Media Contacts: Erin Rolfes, Director, Corporate Communications & Media Relations, erin.rolfes@kroger.com; Investor Contacts: Rob Quast, Senior Director of Investor Relations, investorrelations@kroger.com
(END) Dow Jones Newswires
October 02, 2024 08:30 ET (12:30 GMT)
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