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This Kroger Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday
Benzinga· 2024-06-18 17:41
Loading...Loading...Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.Check This Out: Wall Street’s Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields ...
Why This Kroger Analyst Is Turning Bullish
Benzinga· 2024-06-18 16:12
Loading...Loading...Kroger Co KR shares were rising in early trading on Tuesday.While the stock has been under pressure on fears of rising competition, the company's industry positioning "allows it to continue managing the competitive environment" with stable gross margins, according to BMO Capital Markets.The Kroger Analyst: Kelly Bania upgraded the rating for Kroger from Market Perform to Outperform, while raising the price target from $58 to $60.The Kroger Thesis: The company's pending deal to acquire fe ...
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
Core Insights - Kroger is the largest sushi retailer in America, celebrating International Sushi Day with special promotions and new flavors [1][2][3] Company Overview - Kroger began selling fresh in-store sushi in 1991 and currently offers sushi items at over 1,800 locations nationwide [2][3] - The retailer sells more than one million rolls of fresh sushi each week, catering to diverse customer preferences with a variety of sushi options [2][3] Promotions and Offers - For International Sushi Day, Kroger is offering limited-time deals, including a $2 discount on fresh sushi items priced at $11.99 or more with a loyalty card [4] - Customers can also enjoy a buy one, get one free offer on fresh sushi rolls through DoorDash and Uber Eats [4] - A special CHEETOS® FLAMIN' HOT® California Roll is available until July 31, with plans for a DORITOS® FLAMIN' HOT® Limón Shrimp Tempura Roll later this fall [4] Delivery and Digital Engagement - Kroger provides delivery options through DoorDash and Uber Eats, with orders prepared by in-store sushi chefs and delivered in as little as 25 minutes [4] - The company promotes digital savings, offering over $600 in weekly savings through digital coupons available on Kroger.com and the Kroger app [5]
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 ...