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Kroger (KR) shares down despite beating Q1 profit expectations

June 15, 2023 9:26 AM EDT

Kroger (NYSE: KR) shares tumbled over premarket Thursday despite beating profit expectations in the first quarter.

The retailer's shares are down around 4% at the time of writing, at the $45.21 mark.

Kroger posted Q1 EPS of $1.51, $0.07 better than the analyst estimate of... More