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Kroger Stock Falls
Kroger’s sales growth dinged by lower fuel prices and more — but it says many shoppers ‘feel better’
Kroger Co.’s stock fell 4% early Thursday, after the grocery chain’s third-quarter revenue fell below expectations, weighed down by the sale of its specialty pharmacy business and as fuel sales were hit by lower prices.
Kroger: Lower Fuel Prices Ding Q3 Sales
Kroger reported mixed earnings for Q3 2024, with increased private label sales but lagging total revenue. Grocery retailing giant Kroger ( KR -0.10%) reported third-quarter earnings on Thursday, Dec 5,
Kroger Stock Falls After Earnings. Lower Fuel Sales Are One Reason Why.
Sales at Kroger fell from a year ago, sending shares of the grocery chain lower. For its third quarter, the company reported adjusted earnings of 98 cents a share, beating the consensus call for 97 cents among analysts tracked by FactSet.
2d
on MSN
Kroger beats quarterly sales estimates on robust grocery demand
Kroger on Thursday tightened its annual revenue and profit forecasts and beat quarterly same-store sales expectations, ...
2d
on MSN
Kroger Results Mostly Weaker Than Estimates as Albertsons Deal Remains Uncertain
Kroger (KR) shares slipped Thursday after the grocery giant reported third-quarter results mostly below analysts' estimates.
2d
Kroger trims profit, sales outlook amid uncertain economy
The company pointed to an uncertain economic environment in saying adjusted earnings for this fiscal year will be as much as ...
RFID Journal
4d
Kroger Bakery RFID Adoption Could Be Largest of its Kind
The deployment of UHF RFID technology for tracking fresh baked goods in its stores is rolling out to hundreds of stores ...
5d
on MSN
What Analysts Think of Kroger Stock Ahead of Earnings
Kroger is set to report third-quarter results ahead of market open Thursday, with the grocery giant awaiting a decision on ...
2d
Kroger’s Stock Slips After Lower Quarterly Profit
Kroger’s stock (KR) ticked down in premarket trading after America’s largest supermarket operator reported a lower quarterly profit and narrowed its annual earnings forecast. Cincinnati-based Kroger ...
9d
on MSN
What grocery stores are open on Thanksgiving 2024? Details for Kroger, Publix, Aldi, more
Thanksgiving is almost here, and if you need to run out to grab a last-minute ingredient for your gathering, you'll have some ...
2d
Kroger 3Q Profit Hit By Merger Costs, Opioid Litigation
Kroger said its third-quarter profit was hit by costs from its proposed tie-up with Albertsons and settlements related to the opioid crisis.
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