Kroger (KR) tops estimates, raises full-year guidance
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Dollar General, Snowflake, Salesforce fall premarket; Kroger, Five Below rise
December 1, 2022 8:47 AM ESTBy Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Thursday, December 1st. Please refresh for updates.
Dollar General (NYSE: DG) stock fell 6.5% after the discount chain trimmed its annual profit forecast, signaling that pressures on margins were mounting amid higher costs and a drop in demand for discretionary... More
Dow futures fall 70 pts; consolidating ahead of jobless claims
December 1, 2022 7:20 AM ESTBy Peter Nurse   Â
Investing.com -- U.S. stocks are seen opening slightly lower Thursday, consolidating after the previous sessions sharp Jerome Powell-inspired gains ahead of the release of more important economic data.
At 07:00 ET (12:00 GMT), the Dow Futures contract was down 70 points, or 0.2%, S&P 500 Futures traded 5 points, or 0.1%, lower and Nasdaq 100 Futures dropped 20 points, or 0.2%.
The blue chip Dow Jones Industrial Average gained over 700 points, or 2.2%, on Wednesday, while the broad-based S&P 500 rose 3.1% and the tech-heavy Nasdaq Composite closed 4.4% higher.
This surge... More
Kroger (KR) Tops Q3 EPS by 7c, Offers Guidance
December 1, 2022 7:17 AM ESTKroger (NYSE: KR) reported Q3 EPS of $0.88, $0.07 better than the analyst estimate of $0.81. Revenue for the quarter came in at $34.2 billion versus the consensus estimate of $34.02 billion.
GUIDANCE:
Kroger sees FY2023 EPS of $4.05-$4.15, versus the consensus of $4.08.
For earnings history and earnings-related data on Kroger (KR) click here.
... More