Lates News

date
21/06/2025
Kroger (KR.US) rose nearly 7%, reaching a high of $70.29, hitting a one-month high. On the news front, Kroger reported a slight decrease of 0.3% in sales in the first quarter of the 2025 fiscal year to $45.12 billion, slightly below analysts' expectations of $45.16 billion; adjusted earnings per share were $1.49, exceeding analysts' expectations of $1.45. Same-store sales growth, excluding fuel, was 3.2%. For the 2025 fiscal year, Kroger expects same-store sales growth, excluding fuel, to increase by 2.25% to 3.25%, slightly higher than the previous expectation of 2% to 3%, with analysts forecasting growth of 2.4%.