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0.00225367212656802 0.00178934771858165 0.00274442150086263 -0.00340127066337989 0.00264627162600368 -0.0728611821019928 -0.0653111917282306 -0.0273875900808227
Stock impact report

Kroger stock rises after earnings beat [MarketWatch]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
Company Research Source: MarketWatch
Kroger stock rises after earnings beat Kroger Co. KR, +3.11% stock rose 2.1% after the grocer reported second-quarter earnings that beat expectations. Net income totaled $297 million, or 37 cents per share, down from $508 million, or 62 cents per share, last year. Adjusted EPS of 44 cents beat the FactSet consensus for 41 cents. Sales of $28.17 billion were up from $28.01 billion but just below the FactSet guidance for $28.37 billion. Digital sales rose 31%. Same-store sales without fuel were up 2.2%, beating the 1.9% growth FactSet forecast. Kroger maintained its 2019 guidance for same-store sales growth of 2.0% to 2.25%, EPS of $2.30 to $2.40, and adjusted EPS of $2.15 to $2.25. FactSet is guiding for same-store sales growth of 1.9% and EPS of $2.17. Kroger stock has fallen 7% in 2019 while the S&P 500 index SPX, +0.16% has rallied 19.7% for the period. Show less Read more
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