Kroger(KR)
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Kroger Stock Needs a Post-Earnings Bounce
Schaeffers Investment Research· 2024-06-17 17:43
Cincinnati-based Kroger Co (NYSE:KR) will announce its first-quarter report before the open Thursday, June 20. Telsey Advisory Group reiterated its "outperform" rating ahead of the event, though the firm anticipates slightly lower-than-expected earnings per share of $1.30 compared to Wall Street's estimates of $1.34. It's worth noting that Kroger stock finished its last three post-earnings sessions higher, including a 9.9% pop in March. The stock has been slipping since its April 3 two-year peak of $58.33. ...
Countdown to Kroger (KR) Q1 Earnings: Wall Street Forecasts for Key Metrics
ZACKS· 2024-06-14 14:15
Wall Street analysts expect Kroger (KR) to post quarterly earnings of $1.33 per share in its upcoming report, which indicates a year-over-year decline of 11.9%. Revenues are expected to be $45.05 billion, down 0.3% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Bef ...
Every day is Sushi Day at Kroger
Prnewswire· 2024-06-13 18:15
Retailer is serving up millions of fresh sushi rolls each yearCINCINNATI, June 13, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's largest sushi retailer, is celebrating International Sushi Day on June 18 with limited-time flavors and special deals on Kroger's made fresh in-store daily, restaurant-quality sushi.Kroger first began selling fresh in-store sushi in 1991, and today is the largest sushi retailer in America, offering rolls and related items at more than 1,800 stores nationwide.Each week, ...
Kroger Stock Could Use Another Post-Earnings Pop
Forbes· 2024-06-13 16:30
Cincinnati-based grocery giant Kroger (KR) is gearing up for its first-quarter earnings report, due out before the open Thursday, June 20. A look at KR’s history of post-earnings reactions during the past two years shows a mostly positive response, with five of these next-day sessions higher, including a 9.9% pop in March. The security averaged a post-earnings swing of 4.2%, regardless of direction. This time around, the options market is pricing in a higher move of 6.3%.Kroger stock could use another posit ...
Earnings Preview: Kroger (KR) Q1 Earnings Expected to Decline
ZACKS· 2024-06-13 15:18
The market expects Kroger (KR) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on June 20, 2024, might help the stock move higher if these key numbers are better than ...
Kroger (KR) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-10 23:20
The most recent trading session ended with Kroger (KR) standing at $51.64, reflecting a -0.65% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.26%. Elsewhere, the Dow gained 0.18%, while the tech-heavy Nasdaq added 0.35%.Coming into today, shares of the supermarket chain had lost 7.01% in the past month. In that same time, the Retail-Wholesale sector lost 0.54%, while the S&P 500 gained 3.25%.The upcoming earnings release of Kroger will be of ...
Kroger Health's The Little Clinic Announces Revamped Weight Management Program
Prnewswire· 2024-06-07 13:00
Holistic and personalized approach offers comprehensive options, including GLP-1 medication therapies, to help people achieve health goals CINCINNATI, June 7, 2024 /PRNewswire/ -- Kroger Health's The Little Clinic LLC is announcing a renewed approach to its weight management program, offering a holistic and personalized approach to professional medical support and education. When medically appropriate, patients will be able to explore medical treatment, including GLP-1s such as Wegovy, Zepabound and others ...
Kroger Announces First Quarter Conference Call with Investors
Prnewswire· 2024-06-06 20:30
CINCINNATI, June 6, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) announced today it will host its first quarter 2024 earnings conference call at 10:00 a.m. ET on Thursday, June 20, 2024. Kroger's management team will comment on financial and operational results for the first quarter 2024.The presentation will broadcast online at ir.kroger.com. Click on "Quarterly Results" to access the event. An on-demand replay of the webcast will be available at approximately 1:00 p.m. ET on Thursday, June 20, 2024. Abo ...
Kroger Kicks Off Summer with 45,000 Pints of Free Ice Cream
Prnewswire· 2024-06-05 13:00
Retailer celebrates the start of summer by giving away 50 pints of Kroger Brand ice cream for every minute of sunlight on the summer solstice, totaling 45,000 pintsCINCINNATI, June 5, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) is helping customers beat the heat this summer solstice with the sweetest treat – free ice cream. To celebrate the start of summer and the day of the year with the most hours of sunlight – 15 straight hours to be exact, Kroger will give away 50 pints of free Kroger® Brand ice crea ...
Kroger Celebrates Dad with Father's Day Gift Guide
Prnewswire· 2024-06-04 18:30
Retailer shares five ways to spoil dad on Father's Day CINCINNATI, June 4, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) is celebrating dads with a Father's Day gift guide boasting thoughtful and convenient gifts to mark the occasion. From an extra special ultimate grilling bundle to an outdoor adventure kit, there is something for every dad to enjoy on his special day. "Father's Day is a time to honor dad for his unconditional love, support and the best dad jokes," said Carlo Baldan, Kroger's group vice p ...