Company Performance - Kroger's stock closed at $71.39, reflecting a -1.15% change from the previous day's closing price, underperforming the S&P 500's loss of 0.01% [1] - Prior to the recent trading session, Kroger's shares had increased by 10.23%, outperforming the Retail-Wholesale sector's gain of 3.27% and the S&P 500's gain of 5.37% [1] Earnings Forecast - Kroger is expected to report an EPS of $0.99, indicating a growth of 6.45% compared to the same quarter last year [2] - The consensus estimate for quarterly revenue is $34.07 billion, which represents a 0.47% increase from the year-ago period [2] Full-Year Estimates - The Zacks Consensus Estimates for Kroger's full-year earnings are projected at $4.76 per share and revenue of $148.7 billion, reflecting year-over-year changes of +6.49% and +1.07%, respectively [3] - Recent analyst estimate revisions for Kroger indicate positive trends, suggesting a favorable business outlook [3] Valuation Metrics - Kroger has a Forward P/E ratio of 15.17, which is lower than the industry average Forward P/E of 15.32 [6] - The company has a PEG ratio of 2.3, compared to the average PEG ratio of 1.87 for the Retail - Supermarkets industry [7] Industry Ranking - The Retail - Supermarkets industry is part of the Retail-Wholesale sector and currently holds a Zacks Industry Rank of 70, placing it in the top 29% of over 250 industries [8] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [8]
Kroger (KR) Declines More Than Market: Some Information for Investors