Kroger (KR) Reaches Agreement in Principle for Nationwide Opioid Settlement; to Pay $1.2B

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Go back to Kroger (KR) Reaches Agreement in Principle for Nationwide Opioid Settlement; to Pay $1.2B

Kroger (KR) shares dip after missing revenue expectations

September 8, 2023 8:29 AM EDT

Kroger (NYSE: KR) shares are down around 2% in early Friday trading after the company reported second-quarter earnings, missing revenue expectations.

The retailer posted earnings of $0.96 per share, $0.05 better than the analyst estimate of $0.91. However, revenue for the quarter came in at $33.9 billion, below the... More