Kroger Boosts FY22 Outlook - Update
(RTTNews) - While reporting financial results for the third quarter on Thursday, supermarket chain Kroger Co. (KR) raised its adjusted earnings and identical sales outlook for the full-year 2022.
For fiscal 2022, the company now projects adjusted earnings in a range of $3.85 to $3.95 per share on total identical sales growth, without fuel, of 2.5 to 3.5 percent.
Previously, the company expected adjusted earnings in the range of $3.75 to $3.85 per share on total identical sales growth, without fuel, of 2.0 to 3.0 percent. On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.84 per share on revenues of $144.61 billion for the year. Analysts' estimates typically exclude special items.
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Kroger Backs FY24 Earnings View, Lifts Sales Forecast After Profit In Q2; Stock Up
Supermarket chain Kroger Co. on Thursday maintained its fiscal 2024 earnings view and raised the low end of its guidance for identical sales without fuel, after reporting a profit in its second quarter, compared to prior year's loss, amid nearly flat sales. Adjusted earnings also beat market estimates. On the New York Stock Exchange, Korger shares were gaining around 3.8 percent.
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Kroger Now Plans To Cut Grocery Prices By $1 Bln Upon Albertsons Merger
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Kroger Backs FY24 Outlook As Q1 Adj. EPS Beat Estimates; Stock Up
Supermarket chain Kroger Co. on Thursday confirmed its fiscal 2024 adjusted earnings and identical sales outlook after the first-quarter adjusted earnings beat the Street estimates. Meanwhile, the company reported weak net profit and nearly flat revenues in its first quarter. In pre-market activity on the NYSE, Kroger shares were gaining around 3.9 percent.
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Kroger RTE Apple Walnut With Chicken Salad Bowl Recalled
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Kroger Guides FY24 Adj. EPS In Line With Estimates - Update
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FTC, States Sue To Block Kroger's $24.6 Bln Albertsons Deal
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Kroger Boosts FY23 Adj. EPS Outlook - Update
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389天前
Kroger Reaffirms FY23 Outlook - Update
While reporting financial results for the second quarter on Friday, supermarket chain Kroger Co. (KR) reaffirmed its adjusted earnings and identical sales outlook for the full-year 2023. Identical sales growth for the second quarter, without fuel, increased 1.0 percent, with underlying growth of 2.6 percent.
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472天前
