Kroger Reports First Quarter Results

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RBC Capital Remains Sidelined on Kroger (KR) Following 1Q Earnings Report

June 17, 2016 7:02 AM EDT

RBC Capital reiterated a Sector Perform rating and $39.00 price target on Kroger (NYSE: KR) following the company's 1Q earnings report. Kroger reported an adjusted EPS of $0.70, narrowly beating the consensus estimate of $0.69. Revenue also ahead of consensus at $34.60bn vs. $34.89bn.

Analyst William... More