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Kroger Company (The) stock price
Kroger Company (The) latest news:
BRIEF-International Brotherhood Of Teamsters Says The Kroger Master Agreement Has Concluded
* INTERNATIONAL BROTHERHOOD OF TEAMSTERS - AFTER 7 MONTHS OF
NEGOTIATIONS THE KROGER MASTER AGREEMENT, INCLUDING 5 LOCAL
UNION SUPPLEMENTS CONCLUDED
Kroger Proves There's Life After Amazon/Whole Foods
The supermarket just bucked the conventional wisdom with its latest earnings report.
Company News For Dec 1, 2017
Shares of Kroger Co KR surged 6 1 after posting third quarter 2017 earnings 0 44 a share surpassing the Zacks Consensus Estimate of 0 40 L Brands Inc s LB shares surged 6 7 after the company reported that total sales for November increased 2 Shares of Barnes
Kroger forecasts upbeat quarter
Kroger's quarterly profit and sales rise and beat estimates, and the largest U.S. supermarket chain issues an upbeat forecast. Fred Katayama reports.
Video provided by Reuters
Kroger Investors Cleaning Up in Aisle Five
Grocery-store shareholders can break their fast. Kroger reported third-quarter sales of $27.7 billion and earnings of 44 cents a share on Thursday, while same-store nonfuel sales were up 1.1% from a year ago. Those figures topped analyst expectations and the stock rallied 6% Thursday.
Kroger stock posts biggest gain in 12 years after earnings beat
CEO says company had its best Black Friday ever, putting it on track for a strong holiday season. Shares of supermarket chain Kroger Co. (KR) jumped more than 10% Thursday, to mark its biggest percentage gain in 12 years, after better-than-expected third-quarter earnings. The company posted net income of $397 million, or 44 cents a share, in the quarter, up from $391 million, or 41 cents a share, in the year-earlier period.
Kroger says 'high' interest in convenience stores
The Cincinnati-based grocer reported a $397 million profit on sales of $27.7 billion for the fiscal quarter ended Nov. 4.
Kroger profit improves amid Amazon threat, shares pop
(Reuters) - Kroger Co issued an upbeat holiday forecast and better-than-expected quarterly results, helped by aggressive discounts that lured more shoppers to its supermarkets, and shares soared as much as 13.6 percent.
Kroger rebounds with a $397M profit
The Cincinnati-based grocery store also reported $27.7 billion in sales for the fiscal quarter ended Nov. 4.
Kroger Solid Earnings Beat a Sign of Things to Come?
UPDATE: Kroger shares jump 10% on better-than-expected earnings
Shares of supermarket chain Kroger Co. jumped more than 10% in premarket trade Thursday, after better-than-expected third-quarter earnings. The company said it had net income of $397 million, or 44 cents a share, in the quarter, up from $391 million, or 41 cents a share, in the year-earlier period. Sales rose to $27.749 billion from $26.557 billion, while same-store sales rose 1.1%. The FactSet consensus was for EPS of 40 cents, sales of $27.484 billion and same-store sales growth of 0.9%. Chief Executive Rodney McMullen said the company had its best ever Black Friday, led by record sales at Fred Meyer. The company is still expecting full-year EPS of $1.74 to $1.79 and adjusted EPS of $2.00 to $2.05. The FactSet consensus is for 2017 EPS of $1.97. Shares have fallen 29% in 2017, while the S&P 500 has gained 17%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
What Does Kroger Know About Fashion?
The supermarket chain wants to start selling clothes to boost sales and profits.
Kroger to fill 14,000 seasonal and part-time roles
Kroger Co. said Thursday that it will hire about 14,000 seasonal and part-time workers, with interested applicants encouraged to go to the company website. Kroger says it will invest $500 million in people over the next three years. Kroger shares are down 32% for the last year while the S&P 500 index is up 19.4% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Kroger announces collaboration with Google Cloud Platform
Kroger Co(KR): * Kroger(KR) announces collaboration with Google Cloud Platform. * Announced its cloud computing portfolio is expanding with Google Cloud Platform Source text for Eikon: Further company coverage:
Kroger fights back at Amazon-owned Whole Foods and launches an apparel brand
Kroger will sell clothes, beginning in the fall of next year. This news comes after the Ohio-based company outlined its "Kroger Restock" initiative.
BRIEF-Kroger announces retirement of Central division president Katie Wolfram
Kroger Co(KR): * Kroger(KR) announces retirement of Katie Wolfram and names new leadership for the Central and QFC divisions. * Says Suzy Monford will join company to serve as president of QFC division. * Says Pam Matthews to succeed Katie Wolfram as Central division president Source text for Eikon: Further company coverage:
Kroger exploring sale of convenience stores, shares rise
(Reuters) - Kroger Co said on Wednesday it is exploring the sale of its nearly 800 convenience stores as the No. 1 U.S. supermarket operator strengthens its Web business in a market share war that has intensified after Amazon.com Inc's purchase of Whole Foods.
BRIEF-Kroger clarifies annual sales from convenience store unit in 2016
* Clarification: Kroger's convenience store business
generates $4 billion in annual sales
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