Kroger 2Q identical sales ex-fuel rise 0.2%
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10:50:02 AM UTC
SquawkNews
U.S. grocer Kroger NYSE:KR cut its annual identical sales forecast on Friday, underscoring cautious consumer spending even in categories such as essentials amid growing macroeconomic uncertainty.The company expects full-year identical sales to increase in the range of 0.2% to 0.8%, compared with it…
10:50:44 AM UTC
SquawkNews
Kroger Cuts FY Identical Sales Ex-Fuel Growth View to 0.2%-0.8% From 1%-2% >KR
10:58:48 AM UTC
SquawkNews
U.S. grocer Kroger NYSE:KR cut its annual identical sales forecast on Friday, underscoring cautious consumer spending even in categories such as essentials amid growing macroeconomic uncertainty.Shares of the company were down about 3% in premarket trading.U.S. consumer sentiment weakened in August…
11:01:53 AM UTC
SquawkNews
Second quarter sales grew modestly, with adjusted EPS up 5% and strong eCommerce and marketing gains. Full-year EPS guidance was reaffirmed, but identical sales guidance was lowered due to macro headwinds. Dividend and share repurchases continued.Original document: Kroger Company (The) [KR] SEC 8-K…
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