Kroger Reports Second Quarter Results
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RBC Capital Remains Sidelined as Kroger (KR) Lowered Full Year Guidance
September 12, 2016 8:23 AM EDTRBC Capital reiterated a Sector Perform rating and $37.00 price target on Kroger (NYSE: KR) after the company adjusts guidance in face of headwinds. KR is now expecting ID sales (ex. fuel) of 1.4%-1.8% (from 2.5%-3.5%), adjusted EPS of $2.10-$2.20 (from $2.19-$2.28), and Capex of... More
Kroger (KR) Tops Q2 EPS by 2c; FY16 Outlook Trimmed
September 9, 2016 7:53 AM EDTKroger (NYSE: KR) reported Q2 EPS of $0.47, $0.02 better than the analyst estimate of $0.45. Revenue for the quarter came in at $26.6 billion versus the consensus estimate of $26.79 billion.
Comps rose 1.7 percent, excluding fuel.
GUIDANCE:
Kroger sees FY2016 EPS of $2.10-$2.20,... More
