Kroger Co. (KR)
Kroger: Still On Sale After Q2 2024 Earnings
Kroger's stock surged due to Q2 2024 revenue and adjusted earnings exceeding expectations despite a miss on earnings per share. The company's digital sales and new product introductions contributed significantly to revenue growth, showcasing strong performance in e-commerce. Despite mixed profitability metrics, Kroger's shares remain attractively priced, supporting a 'buy' rating.
Should Value Investors Buy The Kroger Co. (KR) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The end of Kroger's FTC battle is the next catalyst for the retailer, says analyst
Kroger has faced pushback from the Federal Trade Commission over its planned merger with Albertsons.
The Kroger Co. (KR) Q2 2024 Earnings Conference Call Transcript
The Kroger Co. (NYSE:KR ) Q2 2024 Earnings Conference Call September 12, 2024 10:00 AM ET Company Participants Rob Quast - Senior Director of IR Rodney McMullen - Chairman and CEO Todd Foley - Interim CFO Conference Call Participants Edward Kelly - Wells Fargo Securities Kelly Bania - BMO Capital Markets Anders Myhre - Guggenheim Partners Leah Jordan - Goldman Sachs Simeon Gutman - Morgan Stanley Michael Montani - Evercore ISI Kenneth Goldman - JPMorgan Rupesh Parikh - Oppenheimer Mark Carden - UBS Robert Ohmes - Bank of America Merrill Lynch Chuck Cerankosky - Northcoast Research Joe Feldman - Telsey Advisory Group Operator Good morning, and welcome to The Kroger Co. Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
Billionaires, including Warren Buffett, invest in Kroger stock: should you follow suit?
As economic uncertainty looms, Kroger Co (NYSE: KR) is emerging as a potential haven for investors. The grocery giant, known for its strong consumer staples portfolio, offers a solid dividend yield of 2.34%, positioning it well to deliver stable returns during tough economic times.
Kroger Beats Q2 Earnings Estimates, Updates FY24 Identical Sales View
Kroger delivers adjusted earnings of 93 cents per share, edging past the Zacks Consensus Estimate by one cent.
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.
