Kroger (KR) Tops Q2 EPS by 5c, Sales Miss; Reaffirms Outlook
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Kroger (KR) shares reverse early losses, gain 4%
September 8, 2023 10:21 AM EDTAfter opening down 2% following earnings pre-open, Kroger (NYSE: KR) shares are now up 4.2%:
Kroger missed on the top-line, but beat on the bottom line and reaffirmed its outlookcomments from the company's conference call could be helpingOn... MoreKroger (KR) shares dip after missing revenue expectations
September 8, 2023 8:29 AM EDTKroger (NYSE: KR) shares are down around 2% in early Friday trading after the company reported second-quarter earnings, missing revenue expectations.
The retailer posted earnings of $0.96 per share, $0.05 better than the analyst estimate of $0.91. However, revenue for the quarter came in at $33.9 billion, below the... More
