Kroger (KR) Tops Q2 EPS by 2c; FY16 Outlook Trimmed

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Go back to Kroger (KR) Tops Q2 EPS by 2c; FY16 Outlook Trimmed

RBC Capital Remains Sidelined as Kroger (KR) Lowered Full Year Guidance

September 12, 2016 8:23 AM EDT

RBC Capital reiterated a Sector Perform rating and $37.00 price target on Kroger (NYSE: KR) after the company adjusts guidance in face of headwinds. KR is now expecting ID sales (ex. fuel) of 1.4%-1.8% (from 2.5%-3.5%), adjusted EPS of $2.10-$2.20 (from $2.19-$2.28), and Capex of... More