Citi downgrades Kroger to sell as inflation and fewer vaccines are expected to hurt margins

Published Fri, Jan 28 20226:20 AM ESTUpdated Fri, Jan 28 202210:11 AM EST

An employee pushes grocery carts outside a Kroger Co. grocery store in Louisville, Kentucky.

Luke Sharrett | Bloomberg | Getty Images

Investors should stay away from Kroger in the upcoming year as the retailer's profit margin is under pressure on several fronts, according to Citi.