Kroger To Gain From Long-Term Margin Support, Higher Customer Visits - Analyst Sees 'Attractive Entry Point'
BofA Securities analyst Robert F. Ohmes reiterated the Buy rating on Kroger Company KR, with a price objective of $70.
Kroger Stock: Analysts Forecast New Highs, Merger or Not
Kroger's NYSE: KR long-anticipated merger with Albertsons Companies NYSE: ACI has been a deadweight on their stock price for years. Try as they might; they just can't get approval, and the stock prices are wallowing within trading ranges.
The Kroger Co. (KR) Q1 2024 Earnings Call Transcript
The Kroger Co. (NYSE:KR ) Q1 2024 Earnings Conference Call June 20, 2024 10:00 AM ET Company Participants Rob Quast - Senior Director of Investor Relations Rodney McMullen - Chairman and Chief Executive Officer Todd Foley - Interim Chief Financial Officer Conference Call Participants Rupesh Parikh - Oppenheimer Robert Ohmes - Bank of America Meryll Lynch Uriel Zachary Abraham - Morgan Stanley Kenneth Goldman - JPMorgan John Heinbockel - Guggenheim Partners Michael Lasser - UBS Michael Montani - Evercore ISI Edward Kelly - Wells Fargo Securities Kelly Bania - BMO Capital Markets Krisztina Katai - Deutsche Bank Chuck Cerankosky - Northcoast Research Operator Good morning and welcome to The Kroger Co. First Quarter 2024 Earnings Conference Call. My name is Carla and I will be coordinating your call today.
Kroger To Gain Traction From Households And Traffic Growth - Analyst Bullish On Future Sales
Telsey Advisory Group analyst Joseph Feldman reiterated the Outperform rating on Kroger Company KR, maintaining the forecast at $62.
Kroger Posts Revenue Beat, Halts Stock Buybacks as It Seeks Approval of Albertsons Deal
Kroger (KR) reported revenue for the first quarter that beat analysts' estimates and said it would pause stock buybacks as it works to get regulatory approval of its $24.6 billion acquisition of rival Albertsons (ACI). Shares initially surged after the earnings release Thursday before turning lower in intraday trading.
Kroger (KR) Q1 Earnings Beat Estimates, Identical Sales Up Y/Y
Kroger (KR) remains committed to core strengths, including an array of fresh products, personalized shopping experiences and a seamless digital ecosystem, all aimed at sustaining momentum.
Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key to getting more budget-strapped shoppers to keep spending.
Kroger (KR) Q1 Earnings and Revenues Top Estimates
Kroger (KR) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.51 per share a year ago.
Kroger Stock Is Soaring. Earnings Topped Estimates.
The supermarket chain reported first-quarter adjusted earnings of $1.43 a share on revenue of $45.27 billion.
Kroger Q1 earnings: we are ‘off to a solid start in 2024'
Kroger Co (NYSE: KR) is trading up in premarket on Thursday after coming in ahead of Street estimates for its first financial quarter. Shares of the retail firm are still down some 10% versus their year-to-date high.
Kroger beats first-quarter same-store sales estimates on steady grocery demand
Kroger beat Wall Street estimates for quarterly same-store sales on Thursday, benefiting from more customers thronging to its outlets for lower-priced groceries as sticky inflation stretches household budgets.
Kroger Gears Up For Q1 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
The Kroger Co. KR is set to release first quarter financial results, before the opening bell on Thursday.
