Why Is Kroger Stock Trading Higher Today - Kroger (NYSE:KR)

Kroger Company KR shares traded higher on Thursday after reporting second-quarter earnings.The company reported second-quarter adjusted earnings per share of $1.04, beating the analyst consensus estimate of 99 cents. Quarterly sales of $33.94 billion, marginally missing the consensus view of $34.102 billion.Following the results, Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating, with a price forecast of $82.Also Read: Kroger, Adobe And 3 Stocks To Watch Heading Into ThursdayThe i ...