Kroger Closes In On $100B Sales

The Kroger Co. is delivering on its growth strategy, boosting market share and closing in on a major milestone – $100 billion in annual sales, CEO David Dillon told shareholders.

“We are confident that this strategy will be both resilient and sustainable for the longer term,” Dillon said.

Shareholders at Kroger’s annual meeting at Music Hall cheered on, swatting down a proposal to strip Dillon of the chairmanship of the company’s board of directors and approving his $7.8 million pay package in separate advisory votes. Roughly 500 attended the event.

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