Kroger (KR) stock gains after topping Q1 earnings, revenue expectations

BofA Securities Reiterates Buy Rating on Kroger (KR)

BofA Securities analyst Robert Ohmes reiterated a Buy rating and $70.00 price target on Kroger (NYSE: KR).

The analyst comments "KRs F1Q adj. EPS of $1.43 was above Street $1.34. ID sales excluding fuel were +0.5% (versus Street -0.3%), with digital sales +8% y/y. KR saw... More

Roth/MKM on Kroger (KR): '1Q Better than Feared - Upside not until 2H'

Roth/MKM analyst Bill Kirk reiterated a Neutral rating and $50.00 price target on Kroger (NYSE: KR).

The analyst ocmments "Kroger delivered a modest 1Q beat, with Grocery better than expected, but fuel profitability (-LSD) and Health & Wellness worse. Results (y/y) are... More

Kroger (KR) Tops Q1 EPS by 9c; Reaffirms

Kroger (NYSE: KR) reported Q1 EPS of $1.43, $0.09 better than the analyst estimate of $1.34. Revenue for the quarter came in at $45.27 billion versus the consensus estimate of $44.93 billion.

GUIDANCE:

Kroger reaffirms FY2025 EPS of $4.30-$4.50, versus the consensus of $4.43.

For earnings history and earnings-related data on Kroger (KR) click here.

Kroger (KR) June 52 straddle priced into quarter results

Kroger (NYSE: KR) June 52 straddle priced for a move of 6% into the expected release of quarter results today before the bell.

Kroger (KR) September 55 calls active as share price up 1.8%

Kroger (NYSE: KR) 30-day option implied volatility is at 30; compared to its 52-week range of 16 to 33 with a focus on September 55 calls as share price up 1.8%.

Midday movers: Nvidia, Micron rise; Lennar, Tesla fall

(Updated - June 18, 2024 11:31 AM EDT)

Investing.com -- U.S. stock futures were mixed Tuesday following the release of retail sales data for May that was softer than economists expected, as investors continued to balance weaker economic data against the possibility of Fed rate cuts later this year.

Here are some of the biggest U.S. stock movers today:

Chegg (NYSE: CHGG) stock soared 13% after the education technology group announced plans to slash 23% of its global... More

Evercore ISI Opens Positive Tactical Trade on Kroger (KR)

Evercore ISI analyst Michael Montani reiterated an Outperform rating and $60.00 price target on Kroger (NYSE: KR).

The analyst comments "We are initiating a positive Tactical Trade or TAP on KR ahead of its F1Q earnings on Thursday June 20th with a view that absolute upside is likely to approach high single digits/ mid $50s. KR has declined meaningfully in the last two months... More

BMO Capital Upgrades Kroger (KR) to Outperform

BMO Capital analyst Kelly Bania upgraded Kroger (NYSE: KR) from Market Perform to Outperform with a price target of $60.00 (from $58.00).

The analyst comments: "The stock has pulled back on fear of increasing price investments across the space, but we believe KR's positioning... More