Hey investors, $KR+1.8% reported results yesterday.
Kroger is an American retail food company.
Results :
Sales : $45.17 billion and expected $45.61 billion.
EPS : $1.51 and $1.41 was expected.
Open $52.30
Day range $51.81 - $52.79
52 week range $42.10 - $58.34
For this year, KR stock is up only about 3%. However, in the long run the stock is growing nicely and I take the dividend as such a bonus.
The company strikes me as a nice one, but I like $WMT+0.3% better in this sector, for example, which I see more potential.
How do you feel about this company???
Alternatively, you can write whether you invest in this sector or not.
She's holding up nicely, but if she falls, it'll be quick
I don't know the company but the chart looks nice :)
Even in this volatile market quite stable. Nice stock.
The company is holding up nicely no doubt about it. I traded a break to a new high last year and haven't looked at this stock since...
Good company, it's just that YTD the price hasn't moved virtually, it's mostly due to inefficiencies. Compared to Walmart and others, they have failed to deal with pricing pressures at all and have done a poor job of passing that on to customers.
I don't care much for this company because I feel like they are too small compared to say Walmart or Costco. Then again, on the other hand, there's probably more room for growth if they're thinking about further expansion and growing their business.