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 …
Kroger Co (ticker: KR) shares declined more than 16 percent Thursday after ... Sprouts shares dropped 7.8 percent in early trading, while Whole Food's stock fell 4.4 percent.
Marshall Hargrave: Wal-Mart (NYSE: WMT), the world’s largest employer, has long been a staple in the retail industry. When it decided to make a serious push into the grocery business, many investors feared for the fragmented grocery …
Anytime I analyze a stock as an investment opportunity, it must meet three critical criteria — fundamentals, technicals and what I like to call the intangibles. Each plays a role in a company’s future potential, and if it’s missing even one we’re ...
For consumers, food deflation is a wonderful thing. Cheaper food means less spent at the grocery store. But for grocers, deflation can become a problem. Prices that fall too low will eat into revenues, even if the company sells more products. …
For a change, there are high expectations for Kroger Co (NYSE:KR) as it prepares to announce earnings before the market opens on June 15. That stands in stark contrast to KR stock itself, which is off more than 15% so far in 2017. Source: …
Shares of Kroger KR were up more than 3.5% in morning trading Wednesday after the grocery chain reaffirmed its 2017 forecast and said that it was considering the sale of its convenience store business. For fiscal 2017, Kroger projects …