U.S. stock market is abnormal | Q3 same-store sales lower than expected, Kroger (KR.US) falls more than 4%

According to the Zhtng finance APP, on Thursday, after the release of the latest Q3 financial report, the stock price of the US chain supermarket giant Kroger (KR.US) fell due to the slightly lower growth rate of same-store sales than market expectations. As of the time of publication, the stock fell by more than 4% to $63.42. The financial report showed that Kroger's same-store sales excluding fuel in the quarter increased by 2.6% year-on-year, lower than Wall Street's expectation of 2.9%. However, the company's profit performance was strong, with adjusted FIFO operating profit of $1.09 billion, higher than the $1.02 billion in the same period last year. Earnings per share (EPS) were $1.05, exceeding market expectations of $1.03 and higher than the $0.98 in the same period last year.