Workflow
What Analysts Think of Kroger Stock Ahead of Earnings
KRKroger(KR) Investopedia·2024-12-02 19:31

Key TakeawaysKroger is scheduled to report third-quarter results Thursday morning, with its proposed merger with Albertsons in legal limbo.Analysts expect higher sales and profits than a year ago, though the average price target suggests analysts expect Kroger's stock to decline from recent highs.The grocery chains and the FTC gave closing arguments in September in the trial over the commission's attempts to block the merger on anticompetitive grounds. The Kroger Co. (KR) is set to report third-quarter resu ...