
NYSE:KR
This summary was created by AI, based on 2 opinions in the last 12 months.
Kroger Co. (KR-N) is poised for an interesting financial report this Thursday, as expectations suggest that the company might rally on positive earnings numbers. The company has showcased its ability to maintain prices for consumers despite market challenges, which has led to some optimism among analysts. However, there is a contrasting perspective as well; some experts indicate that the stock is currently experiencing difficulties, hinting at a potential rolling over. They recommend a cautious approach, suggesting that while it may be worth purchasing a small amount of shares now, waiting for a price point around $60 could be a wiser strategy. This creates a divide in sentiment surrounding the stock, highlighting a mix of optimism regarding its operational performance and caution about its current market behavior.
EPS of 93c beat estimates of 91c; revenue of $33.91B marginally missed estimates. Kroger appears well-positioned to navigate an increasingly complex consumer-spending environment. Mainstream households led sales growth in fiscal 2Q amid loyal households and increased visits, a trend that could extend in 3Q, aiding same-store sales gains. Volume expansion appears to be slowly improving, buoyed by strategic promotions. Private-label product sales growth outpaced that of national brands, helping bolster gross margin, which the company believes will expand slightly for the full year, yet might be flat in 3Q. Kroger indicated adjusted EPS in 3Q could be slightly stronger than in 4Q. The company noted that e-commerce profitability is improving, boosted by more orders for its delivery network and store pickup. KR lowered its CEO pay by 18% recently, and it does vary on performance. He needs to get by on $15.7 million total compensation this year. Excessive, but at least it varies with performance, and we have seen much worse.
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Kroger Co. is a American stock, trading under the symbol KR (previously KR-N on Stockchase) on the New York Stock Exchange (KR). It is usually referred to as NYSE:KR or KR
In the last year, 2 stock analysts published opinions about KR (previously KR-N on Stockchase). 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Kroger Co..
Kroger Co. was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2021-09-23. Read the latest stock experts ratings for Kroger Co..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Kroger Co. in the last year. It is a trending stock that is worth watching.
On 2026-06-08, Kroger Co. (KR) stock closed at a price of $62.92.
They report Thursday. They tend to rally on good numbers, which he expects again. They've been able to hold prices for consumers.