Kroger raises 2020 same-store sales forecast as customers stockpile [Reuters]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: Reuters
Kroger raises 2020 same-store sales forecast as customers stockpile By Reuters Staff 1 Min Read Dec 3 (Reuters) - U.S. supermarket operator Kroger Co raised its 2020 same-store sales forecast on Thursday, as a resurgence in COVID-19 cases has prompted customers to stock up on cooking and household essentials. Kroger said it expects same-store sales, excluding fuel, to rise around 14%, compared with its prior forecast of a more than 13% growth. Analysts on average were expecting a 13.08% rise. Sales, excluding fuel, at stores open for more than a year rose 10.9% in the third quarter ended Nov. 7, compared with Refinitiv IBES estimate of a 10.21% rise. (Reporting by Praveen Paramasivam in Bengaluru; Editing by Shinjini Ganguli)
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- The Kroger Co. (NYSE: KR) had its "outperform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $62.00 price target on the stock.MarketBeat
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- Kroger, Albertsons to sell 166 more stores with $25B merger in limbo [FOX Business Network]FOX Business Network
KR
Earnings
- 3/7/24 - Beat
KR
Sec Filings
- 4/22/24 - Form 8-K
- 4/2/24 - Form 10-K
- 4/1/24 - Form 4
- KR's page on the SEC website