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. …
Kroger KR released its fourth quarter earnings this morning, posting a beat on our consensus of $0.54. The company actually posted EPS of $0.57 for the quarter, which represents a 5.56% beat on our consensus estimate. In spite of the …
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 …
TORONTO (Reuters) - Canada’s main financial markets regulator said in a notice on Tuesday it would temporarily modify its single-stock circuit breaker trigger levels given the potential for increased volatility on Wednesday. Republican …
Cincinnati-based grocer (NYSE: KR) announced the planned sale of the division to …
Shares of Kroger Co (NYSE:KR) have bearishly opened below the pivot of $24.11 today ... based on a current level of $23.80 and analysts' average consensus price target of $30.02. The stock should find initial resistance at its 50-day …
The Kroger Co. KR is slated to release second-quarter fiscal 2016 results on Sep 9. The lingering question in investors’ minds is, whether the company will be able to continue with its positive earnings surprise streak in the quarter to be …
The company said that it had agreed to sell 21 of its 38 Farm Fresh locations for about $43 million to grocery chains Harris Teeter, The Kroger Co. KR, +1.85% and Food Lion ... of wholesale businesses. Supervalu stock gained about 8.5% in …
Jay Taylor: Even if you don’t live in any of the 31 states in which Kroger Co. (NYSE:KR) does business, you’ve probably heard of at least one of its grocery store brands, such as Kroger, Ralphs, King Soopers, City Market, Owen’s, Baker’s ...