Kroger Guides FY24 Adj. EPS In Line With Estimates - Update
(RTTNews) - While reporting financial results for the fourth quarter on Thursday, supermarket chain Kroger Co. (KR) initiated its adjusted earnings and identical sales outlook for the full-year 2024. Identical sales growth for the fourth quarter, without fuel, decreased 0.8 percent, with underlying growth of 0.1 percent.
Looking ahead to fiscal 2024, the company now projects adjusted earnings in a range of $4.30 to $4.50 per share on total identical sales growth, without fuel, of 0.25 to 1.75 percent.
The Street is looking for earnings of $4.34 per share on revenues of $148.93 billion for the year.
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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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66 дней спустя
Kroger Now Plans To Cut Grocery Prices By $1 Bln Upon Albertsons Merger
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93 дней спустя
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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150 дней спустя
Kroger RTE Apple Walnut With Chicken Salad Bowl Recalled
Tracy, California-based Taylor Farms Pacific is recalling around 19,976 pounds of ready-to-eat or RTE apple walnut with chicken salad bowl products under Korger brand, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The agency cited misbranding and the possible presence of undeclared wheat, a known allergen, for the recall.
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248 дней спустя
FTC, States Sue To Block Kroger's $24.6 Bln Albertsons Deal
The Federal Trade Commission or FTC along with a group of nine attorneys general have filed a lawsuit to block Kroger Co.'s proposed $24.6 billion acquisition of the Albertsons Companies, Inc., alleging that the deal is anticompetitive. In the move, FTC alleges that the planned merger, which would be the largest among supermarkets in U.S. history, will eliminate competition and raise grocery
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264 дней спустя
Kroger Boosts FY23 Adj. EPS Outlook - Update
While reporting financial results for the third quarter on Thursday, supermarket chain Kroger Co. (KR) raised its adjusted earnings guidance for the full-year 2023, while trimming total identical sales growth outlook.
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353 дней спустя
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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436 дней спустя
Kroger Reaffirms FY23 Outlook - Update
While reporting financial results for the first quarter on Thursday, supermarket chain Kroger Co. (KR) reaffirmed its adjusted earnings and identical sales outlook for the full-year 2023. Identical sales growth for the first quarter, without fuel, increased 3.5 percent, with underlying growth of 5.0 percent.
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521 дней спустя
