Kroger Posts Q2 Beat, Analyst Says Restructuring 'Shows Signs Of Success'

Kroger Co KR delivered strong results for the second quarter on the back of its "solid business momentum and strong execution," according to Telsey Advisory Group.The Kroger Analyst: Analyst Joseph Feldman maintained an Outperform rating and price target of $82.The Kroger Thesis: The company reported adjusted earnings of $1.04 per share, beating the consensus of 99 cents per share, driven by healthy ID sales growth, Feldman said in the note.Check out other analyst stock ratings.The strong ID sales, ex-fuel, ...