Kroger maintained full-year guidance early Thursday after beating earnings estimates for its fiscal first quarter. Kroger stock tumbled further below a key level. Shares of rival grocery kingpin Walmart set a fresh record. Read More...
Boost to Shopper Visits Lifts Kroger’s Sales
Kroger reported a slight rise in quarterly sales, as more shoppers visited its stores, with food prices leveling out. Identical sales, which don’t include the effects of store openings and closings, rose 0.5% in the three months ended May 25, excluding fuel sales. The grocer’s digital sales grew more than 8%.
The Wall Street Journal•
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