Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Kroger Co Add to portfolio

INX:KR, Dec 14, 11:00 UTC

Latest INX:KR News

Filter your feed

Apply Filter

Friday, December 07


News

What To Do With Kroger's Stock?

KR

Kroger Co (NYSE: KR) reported Thursday its third-quarter results highlighted by a top-and-bottom line beat, but a miss on the same-store sales line. Bank of America's Robert Ohmes maintains a Buy rating on Kroger's stock with a price target lifted from $35 to $37. Kroger benefited in the third quarter from continued cost controls as part of its "Restock execution" while new profit streams helped drive EBIT $100 million above expectations, Ohmes said in a note. Kroger's identical sales could move higher and margins should also improve as headwinds from space optimization initiatives will shift to tailwinds in fiscal 2020, the analyst wrote.

Read Full Details

Topics:
  • Business
  • Financial

Thursday, December 06


News

Kroger quarterly same-store sales fall short of estimates

KR

Dec 6 (Reuters) - Kroger Co reported quarterly same-store sales that fell short of analysts' estimates on Thursday, hurt by disruptions caused by revamping the layout of its stores to give more shelf space to its best selling products. Cincinnati-based Kroger said net income attributable to Kroger fell to $317 million, or 39 cents per share, in the third quarter ended Nov. 10, from $397 million, or 44 cents per share, a year earlier. The company said same-store sales, excluding fuel, rose 1.6 percent. Analysts on average had expected a 1.65 percent increase, according to IBES data from Refinitiv.

Read Full Details

Topics:
  • Business
  • Financial
News

The Kroger Company: King Soopers and City Market Recall Abound Chicken and Brown Rice Dog Food because of Elevated Vitamin D Levels - The Wall Street Transcript

KR

CEO INTERVIEWSInterview with the President, CEO and Director: Alamos Gold Inc. (NYSE:AGI). Interview with the Founder and CEO: United States Antimony Corporation (NYSEAMERICAN:UAMY). DENVER, Dec. 5, 2018 /PRNewswire/ -- Following a recall by Sunshine Mills, Inc., King Soopers announced it has removed from sale Abound Chicken & Brown Rice Recipe dog food produced by the supplier sold in King Soopers and City Market stores, located in Colorado, Utah, New Mexico and Wyoming. King Soopers operates 153 stores, 148 pharmacies and 80 fuel centers in Colorado. For more than 65 years, King Soopers has emphasized a customer-first approach to providing quality products, value pricing, outstanding service and an exceptional shopping experience.

Read Full Details

Story Sources

twst.com twst.com
Topics:
  • Business
  • Health

Tuesday, December 04


News

How High Can Kroger Company (KR) Stock Go' Analysts Hold $36Expert Gazette

KR

Kroger Company (NYSE:KR) has grabbed attention from the analysts, when it saw a value increase of 0% or 0 points in the last trading session to close at $29.76. Shares of Kroger Company (NYSE:KR) currently have an Average Brokerage Recommendation of 2.19, number of Recs in ABR is 16 while industry rank of the company by ABR is 204 out of 257. Out of the analyst recommendations 7 rate Kroger Company (NYSE:KR) stock a Buy, 3 rate the stock Outperform, 14 rate Hold, 0 rate Underperform and 2 recommend a Sell. ROI is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. While having a peek at profitability ratios Kroger Company (NYSE:KR) has trailing twelve month gross margin at 21.8%, its trailing twelve month operating margin stands at 3.3% whereas its trailing twelve month net profit margin spots at 3%. However looking at valuation ratios the stock has 5 year expected PEG ratio of 1.63 whereas its trailing twelve month P/E ratio is 8.89.

Read Full Details

Topics:
  • Business
  • Financial

Friday, November 30


News

Kroger Co (NYSE:KR) Shares Sold by Crossmark Global Holdings Inc. – Fairfield Current

KR

Crossmark Global Holdings Inc. cut its position in Kroger Co (NYSE:KR) by 1.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,403 shares of the company’s stock after selling 1,722 shares during the period. Insiders have sold 51,425 shares of company stock worth $1,480,298 over the last quarter. Wells Fargo & Co increased their target price on shares of Kroger from $33.00 to $36.00 and gave the stock an “outperform” rating in a report on Monday, September 10th.

Read Full Details

Topics:
  • Business
  • Financial

Thursday, November 29


News

Experts Analysis: Kroger Company (KR)EMN News

KR

The stock has a market capitalization of $23.99 Billion however its outstanding shares are 793.12 Million. Kroger Company (NYSE:KR) has an ABR of 2.19 which is the combined stock view of 16 analysts poll results. As per Zacks simplified descending rating scale the ABR rank is displayed in the range of 1 to 5 where 1 represents Strong Buy and 5 a Strong Sell. As the name implies that ABR will show you the Average of Brokerage Recommendations on a given stock. Analysts are expecting average earnings estimates of $0.43 for the current quarter based on the opinion of 24 analysts, relating to high earnings per share estimates of $0.47 and low estimates of $0.39, however Kroger Company (NYSE:KR) reported $0.44 earnings per share for the same quarter last year. For the current quarter Kroger Company (NYSE:KR) has average revenue estimates of $27.69 Billion, a total number of 18 analysts provided estimations over revenues. However the low revenue estimates for the company are $27.12 Billion versus high revenue estimates of $28.03 Billion. Kroger Company (NYSE:KR)’s price sits 3.62% above from its SMA 50 of $29.25 and 10% far from the SMA 200 which is at $28.65.

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, November 27


News

Why Wall Street Favors a ‘Hold’ Rating for Kroger

KR

Of the 26 analysts who follow The Kroger Company (KR), 38.5% favor a “buy” rating as of November 23 while 53.8% have “hold” ratings and 7.7% have “sell” ratings. On average, analysts have given the stock a 12-month price target of $30.96, which represents an upside potential of 4.3% from its stock price of $29.69.

Read Full Details

Topics:
  • Business
  • Financial
News

Why Wall Street Expects Kroger’s EPS to Fall

KR

Can We Expect Upside Potential in Kroger’s Stock Price? For the next four quarters, analysts expect The Kroger Company (KR) to post EPS of $2.17, which represents a fall of 1.7% from $2.21 in the corresponding four quarters of the previous year. For 2018, Kroger’s management has set its EPS guidance in the range of $2.0–$2.15, which represents EPS growth of -2.0%–5.4% from $2.04 in 2018.

Read Full Details

Topics:
  • Business
  • Financial

Monday, November 26


News

What Analysts Expect from Kroger’s Next-Four-Quarters Revenue

KR

Can We Expect Upside Potential in Kroger’s Stock Price? For the next four quarters, analysts expect The Kroger Company (KR) to post revenue of $123.04 billion, which represents a fall of 0.9% from $124.18 billion in the corresponding four quarters of the previous year. The sale of its convenience store business to EG Group for $2.15 billion in April, and one less week of operations in the fourth quarter of 2018 compared to the fourth quarter of 2017, are expected to lower Kroger’s revenue in the next four quarters.

Read Full Details

Topics:
  • Business
  • Financial
News

Can We Expect Upside Potential in Kroger’s Stock Price?

KR

On November 23, The Kroger Company (KR) was trading at $29.69, a fall of 6.4% since the announcement its second-quarter earnings on September 13. Currently, the company is trading 29.9% higher than its 52-week low of $22.85 and 9.3% lower to its 52-week high of $32.74.

Read Full Details

Topics:
  • Business
  • Financial