Kroger Just Sneezed-What Does It Mean For Supermarkets? – Forbes


Forbes

Kroger Just Sneezed-What Does It Mean For Supermarkets?
Forbes
Kroger just announced its first quarter results. On the surface, they weren’t terrible, with same store sales dropping just 0.2%. The stock cratered, however, on a downbeat forecast that lowered full year earnings significantly from prior forecasts as
Sale on milk and eggs: Kroger cuts outlook amid price fightDetroit Free Press
KR shares finished the trading day down ~19% because of the disappointing full-year 2017 guidance.Seeking Alpha
UPDATE 4-Kroger cuts annual profit forecast, shares tumbleReuters
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