Beat Inflation By Owning The Grocery Store
It’s no secret that food prices are soaring. And inflation is a major worry for many people around the world.
In today’s article, I want to highlight an unlikely inflation-beater that’s so obvious and boring most people overlook it. Yet, this wide-moat business has consistently outperformed the S&P 500. And, it’s rewarded shareholders with a steady stream of double-digit dividend increases.
What is this mystery business?
The Kroger Company ($KR).
Here’s what makes Kroger a unique market-beating investment, and why it should continue outperforming the S&P 500 well into the future…
What Is The Kroger Company?
Kroger is the largest U.S. supermarket chain and America’s fifth-largest retailer.
The company operates almost 3,000 grocery stores. And, it is currently in the process of acquiring Albertsons, a rival grocer, which will add an additional 2,250 stores to Kroger’s portfolio.
Buying a supermarket chain might sound boring.