Kroger Reports First Quarter 2018 Results
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Kroger (KR) PT Raised to $29 at UBS
June 22, 2018 8:22 AM EDTUBS raised its price target on Kroger (NYSE: KR) to $29.00 (from $26.00) while maintaining a Neutral rating.
Michael Lasser said KR revealed it can navigate through what's been a challenging environment. The1.4% core ID supermarket revenue was flat with expectations, and it came with stronger than anticipated progress with price controls.
... MoreKroger (KR) Tops Q1 EPS by 10c
June 21, 2018 7:32 AM EDTKroger (NYSE: KR) reported Q1 EPS of $0.73, $0.10 better than the analyst estimate of $0.63. Revenue for the quarter came in at $37.5 billion versus the consensus estimate of $37.33 billion.
Kroger reported identical supermarket sales, without fuel, of 1.4% for the first quarter of 2018.... More