Kroger (KR) and Albertsons (ACI) Announce Comprehensive Divestiture Plan with C&S Wholesale Grocers, LLC in Connection with Proposed Merger

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Go back to Kroger (KR) and Albertsons (ACI) Announce Comprehensive Divestiture Plan with C&S Wholesale Grocers, LLC in Connection with Proposed Merger

Kroger (KR) shares reverse early losses, gain 4%

September 8, 2023 10:21 AM EDT

After opening down 2% following earnings pre-open, Kroger (NYSE: KR) shares are now up 4.2%:

Kroger missed on the top-line, but beat on the bottom line and reaffirmed its outlookcomments from the company's conference call could be helpingOn... More

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