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Kroger Company (The) (KR) stock prices updated...
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Kroger Company (The) stock price, KR
Kroger Company (The) stock chart:
Kroger Company (The) close price: 34.22
Stock price forecast:
DOWN TO -0.47%
Total forecasts: 90
Reached: 24 (26.67%)
Total Win: 14.30 (42.37%)
Showing 1-10 of 439 items.
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Kroger Company (The) latest news:
Will Online Grocery Sales Cripple Kroger and Safeway?
UPDATE 2-Supermarket chain Kroger to fill 10,000 permanent positions
Jan 23 (Reuters) - Supermarket operator Kroger Co
said on Monday it would fill 10,000 positions this year, joining
a list of companies that have publicized routine hiring plans as
President Donald Trump puts pressure on companies to employ more
Kroger to hire 10,000 store employees
Supermarket chain previously had announced it would offer early retirement to nearly 2,000 workers.
Kroger to fill 10,000 permanent positions
Kroger Co. said Monday that it will fill 10,000 permanent positions across its supermarket divisions. In 2016, the grocer hired 12,000 associates, and said it has created 86,000 permanent jobs over the last eight years. In total, Kroger has 443,000 associates and says about 70% of its store managers started as part-time clerks. Kroger shares are up 0.8% in premarket trading, but are down 8.2% for the last year. The S&P 500 index is up 19.1% for the past 12 months.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.
Kroger CEO: Food price deflation is 'not fun'
Sagging food prices continued to weigh on the nation's largest supermarket chain Kroger.
Kroger shares slip on weak guidance
Kroger Co. shares fell 3.3% in Thursday premarket trading after the grocer provided weak fiscal 2017 guidance. Net income was $391.0 million, or 41 cents per share, down from $428.0 million, or 43 cents per share, for the same period last year. The FactSet consensus was for EPS of 41 cents. Sales for the quarter totaled $26.6 billion, up from $25.1 billion last year and beating the $26.3 billion FactSet consensus. Same-store sales for the quarter rose 0.1% without fuel, below the FactSet expectation of a 0.5% rise. Kroger narrowed its guidance for fiscal 2016 to $2.03 to $2.06 per share from $2.03 to $2.13 previously. Adjusted EPS is expected to be $2.10 to $2.15 versus a previous adjusted range of $2.10 to $2.20. The FactSet consensus is $2.13. Fourth-quarter same-store sales are expected to be slightly positive. The company expects fiscal 2017 same-store sales to be positive, but EPS is expected to be below the low end of the company's 8% to 11% long-term growth rate guidance. Kroger shares are down 22.8% for theear so far while the S&P 500 index is up 7.6% for 2016 to date. 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 to Expect From Kroger Earnings
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