Crude Oil Surges 3%; Kroger Posts Upbeat Earnings
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 50 points on Thursday.
Kroger Stock Soars Amid 'Positive Customer Trends'
Kroger (KR) shares surged Thursday after it better-than-expected adjusted profit for the second quarter.
Kroger (KR) Q2 Earnings Surpass Estimates
Kroger (KR) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.96 per share a year ago.
Kroger's stock rises after profit beat offsets sales miss
Kroger's CEO says the company is still committed to closing its merger with Albertsons, despite regulatory pushback.
Kroger beats quarterly sales estimates on strong grocery demand
Kroger beat Wall Street estimates for quarterly same-store sales and raised the lower end of its annual sales forecast on Thursday, as its efforts to offer freshly sourced groceries at lower prices helped pull in customers looking to save dollars.
Earnings Preview: What To Expect From Kroger
Kroger is scheduled to report earnings before Thursday's open. The stock hit a record high of $62.78/share in 2022 and is currently trading near $52.
Kroger Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
The Kroger Co. KR will release earnings results for its second quarter, before the opening bell on Thursday, Sept. 12.
What to Expect from Kroger's Upcoming Earnings
Supermarket operator Kroger Co (NYSE:KR) is scheduled to take to the earnings confessional before the market opens on Thursday, Sept.
Exploring Analyst Estimates for Kroger (KR) Q2 Earnings, Beyond Revenue and EPS
Get a deeper insight into the potential performance of Kroger (KR) for the quarter ended July 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
The drama is heating up over Kroger's planned merger deal. It reports this week
Higher grocery prices have worn out consumers and cramped their spending elsewhere. Over the past two years, they've been a flash point in the debate over how much companies took advantage of 2022's spike in costs to simply keep charging shoppers and pad profits. This year, they've become a core election-season issue.
What You Need to Know Ahead of Kroger's Earnings
Kroger (KR) reports its latest financial results Thursday morning, with the grocery giant in the midst of legal battles with regulators over its proposed $24.6 billion merger with Albertsons (ACI). The Federal Trade Commission (FTC) has said the deal will lead to less competition and higher prices in the grocery sector.
Kroger: Navigating Uncertainties With Attractive Valuation
The merger with Albertson's is a good opportunity for the company to reach a significant scale and increase its competitiveness. The company has a good financial performance and possible synergies can be created after the deal is closed. The company's current valuation is compelling, especially if compared to its peers.
