Kroger (KR) Misses Street's Q2 Views; Cuts FY09 EPS Outlook
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Kroger Co. (NYSE: KR) reports Q2 EPS of $0.39, 5 cents lower than the analyst estimate of $0.44. Revenue for the quarter was $17.74 billion, which compares to the Street estimate of $18.16 billion.
Q2 comp sales ex fuel up 3%.
Lowers its FY09 EPS guidance from $2.00-$2.05 to $1.90-$2.00, versus the consensus of $2.04.
Q2 comp sales ex fuel up 3%.
Lowers its FY09 EPS guidance from $2.00-$2.05 to $1.90-$2.00, versus the consensus of $2.04.
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