With the shift in consumers’ buying pattern toward online platforms, convenience, fast delivery, and ease of store pickup are the major catalysts that could accelerate Walmart’s (WMT) e-commerce growth rate. Walmart recently announced …
KR stock took a beating after the company delivered a bad profit guide. Most of the tax reform windfall is going back into the business to stave off competition. KR stock is now very cheap. We see 15% upside over the next 12 months. …
Many stock futures were also down, including were Eurostoxx futures and Dax futures “There are some technical problems for the T7 system which has caused some delays. It’s under investigation currently and we will have updates on our …
CINCINNATI, May 17, 2018 /PRNewswire/ -- The Kroger Co. (NYSE:KR) and online supermarket Ocado today announced ... About Ocado Ocado is a UK based company admitted to trading on the London Stock Exchange (Ticker OCDO). It …
Let’s look at the strengths and weaknesses of KR stock. While such a stock wouldn’t have been seen as “cheap” in the past, it is now. Kroger’s price/earnings multiple is the 37th lowest in the S&P 500. KR stock currently boasts the fourth …
Amazon.com, Inc. (NASDAQ:AMZN) acquired Whole Foods Market, Inc. in mid-June for $13.7 billion. Kroger Co (NYSE:KR) is down 33% since. In fact, on October 2nd, KR stock hit 52-week and multi-year lows at $19.69. The …
Kroger Co (NYSE:KR) stock has fared just about as well as one would imagine in the face of the market’s concern about a permanent structural decline in the food retail and distribution industry—which is to say, extremely poorly. In fact, KR …
Continuing food deflation hit Kroger Co (NYSE:KR) right in the mouth in its fiscal first quarter. But it was a cut to earnings guidance that really nailed Kroger on Thursday, sending KR stock down by 18% in early trading. The reported numbers …