Why Kroger Stock Popped Today
Kroger(US:KR) The Motley Fool·2024-03-08 00:27Shares of Kroger (KR 9.88%) popped 9.9% on Thursday after the grocery store chain announced strong fourth-quarter 2023 results and better-than-expected forward guidance.Kroger ended the year on a high noteFor its fourth quarter of 2023, Kroger's total company sales grew 6.4% year over year to $37.06 billion, including around $2.7 billion from an extra week in the quarter relative to the same year-ago period. Identical sales without fuel declined by 0.8%. On the bottom line, that translated to net earnings o ...