Abnormal movement in US stocks | Q1 sales and profit performance exceeded expectations, Kroger (KR.US) rose over 7%

date
21/06/2025
According to the Zhitong Finance and Economics APP, on Friday, Kroger (KR.US) rose more than 7%, reaching a new high in nearly a month, closing at $70.01. In terms of news, Kroger announced its first-quarter performance for the 2025 fiscal year, with sales dropping 0.3% year-on-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. Excluding fuel, same-store sales increased by 3.2%. For the 2025 fiscal year, Kroger expects same-store sales excluding fuel to increase by 2.25% to 3.25%, slightly higher than the previous expectation of 2% to 3%, with analysts expecting a growth of 2.4%.