Kroger's stock was upgraded following reports of a potential deal with Albertsons. The company saw a rise in quarterly sales, beating estimates as grocery demand remained steady. Kroger expects a 2Q adjusted EPS decline similar to the previous quarter's drop.
$KR Kroger Pay Day today, What a daily candle Who stopped buying groceries?? https://t.co/YQMgcdEADJ
KROGER EXPECTS A 2Q ADJ. EPS DECLINE SIMILAR TO 1Q’S DROP $KR
* KROGER EXEC SAYS "WITHIN OUR MOST BUDGET CONSCIOUS HOUSEHOLDS, WE ARE STARTING TO SEE POSITIVE MOMENTUM" @reuters $KR
Supermarket chain Kroger beats estimates as grocery demand holds steady https://t.co/3TgO6OLwaK https://t.co/2XvqpJGIHm
Kroger reported a slight rise in quarterly sales; shares are rising premarket https://t.co/XWcwDauSfw
🇺🇸 Regional grocers hit their stride with retail media https://t.co/ADJnKcIqRY
From the $GO S-1: "Between 1988 and 2016, traditional grocery retailers ceded over 45 percentage points of market share to non-traditional grocery stores, including C-stores, wholesale clubs, supercenters, dollar stores, drug stores, and discounters."
Kroger Earnings Due As Grocery Archrivals Walmart, Costco Snatch All-Time Highs https://t.co/fxen4qzORb
Kroger continued to see traffic rise at its top banners in the first quarter by adhering to a strategy of serving different audiences with different supermarkets, according to @Placer_ai. https://t.co/ihlTlRLyXS #retail #grocery #realestate
Kroger’s stock upgraded, as an Albertsons deal or no deal would be a good thing https://t.co/LjSeIszMfg