FinanceDigidayabout 1 hour ago
Kroger Ad Profit Grows 24% in Q2
1 min read
Kroger's Precision Marketing advertising business saw profit grow 24% in the second quarter, marking its best retail media profit growth since 2021. CEO Greg Foran highlighted the performance on a Friday earnings call, noting media monetization grew 88 basis points year-over-year. E-commerce sales also grew 20%, marking a second consecutive quarter of profitable growth.
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