Kroger: Lower Fuel Prices Ding Q3 Sales | The Motley Fool

Dec 5, 2024  · Adjusted EPS rose to $0.98 from $0.95, topping analyst expectations. Total sales decreased to $33.6 billion from $34.0 billion, mainly due to the sale of Kroger Specialty …


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Kroger: Lower Fuel Prices Ding Q3 Sales | The Motley Fool

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Dec 5, 2024  · Adjusted EPS rose to $0.98 from $0.95, topping analyst expectations. Total sales decreased to $33.6 billion from $34.0 billion, mainly due to the sale of Kroger Specialty …

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Kroger Narrows FY24 Outlook As Q3 Total Sales Drop Slightly

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Dec 6, 2024  · Net earnings for Kroger stood at $618m over the quarter, down 4.3% from $646m in Q3 FY23. Diluted earnings per share were $0.84, lower than the $0.88 reported in the same …

yahoo.com

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Kroger's Sales Growth Dinged By Lower Fuel Prices And More - But It ...

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Dec 5, 2024  · Same-store sales excluding fuel rose 2.3%, while FactSet was expecting a 1.8% rise. Kroger closed the sale of its low-margin specialty-pharmacy business in the quarter for …

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Kroger Reports Third Quarter 2024 Results And Narrows Guidance …

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Dec 5, 2024  · Total company sales were $33.6 billion in the third quarter, compared to $34.0 billion for the same period last year. The decrease in sales was attributable to the sale of …

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Kroger Misses Q3 Sales On Lower Fuel Prices, Sale Of Pharmacy

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The company now expects identical sales ex-fuel to increase by 1.20% to 1.50% from prior guidance of up 0.75% to 1.75%. Kroger also narrowed its EPS guidance to a range of $4.35 to …

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Kroger Turns In Solid Quarter, But Lower Fuel Sales Weigh - MSN

2 weeks from now

For all of 2024, the company narrowed its forecast for adjusted earnings per share to a range of $4.35 to $4.45 from $4.30 to $4.50. Analysts had penciled in $4.44.

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Kroger's Sales Growth Dinged By Lower Fuel Prices And More

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Dec 5, 2024  · Sales fell to $33.634 billion from $33.957 billion a year ago, below the $34.193 billion FactSet consensus. Same-store sales excluding fuel rose 2.3%, while FactSet was …

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Is It Time To Buy Kroger After The Dip? | The Motley Fool

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Jun 25, 2022  · Kroger (KR 3.21%) stock has trounced the market over the past year, putting it ahead of retailing peers like Walmart and Target.That outperformance has been supported by …

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Kroger (KR) Q3 Earnings Beat Estimates, Identical Sales Fall Y/Y

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Nov 30, 2023  · It now envisions identical sales, without fuel, to rise between 0.6% and 1% in the current fiscal. ... Analyzing Q3 Outcome. Kroger reported adjusted earnings of 95 cents a …

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Kroger (KR) Q3 2024 Earnings Call Transcript - Nasdaq

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Dec 5, 2024  · Image source: The Motley Fool. Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $376,324!* Apple: if you invested $1,000 when we doubled down in …

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Kroger: Fiscal Q3 Earnings Snapshot - Yahoo Finance

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Dec 5, 2024  · CINCINNATI (AP) — Kroger Co. (KR) on Thursday reported fiscal third-quarter net income of $618 million. On a per-share basis, the Cincinnati-based company said it had profit …

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Grocery Store Locations - Kroger

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Up to 4% cash back  · Kroger has 1242 grocery stores in 16 states. Each location offers everything from grocery staples to household supplies, healthy living products, ready-to-eat …

FAQs about Kroger: Lower Fuel Prices Ding Q3 Sales | The Motley Fool Coupon?

Why did Kroger's sales decrease in Q1?

“The decrease in sales was attributable to the sale of Kroger Specialty Pharmacy during the quarter and to lower fuel sales, which was primarily the result of a lower average retail price per gallon compared to last year,” the company said in a statement on Thursday morning. ...

Why did Kroger issue mixed Q3 results?

Report here. Kroger (KR) issues mixed Q3 results with sales missing estimate on lower fuel prices and the sale of its specialty pharma business. Read more here. ...

How did Kroger perform in Q3 2024?

Same-store sales, excluding fuel, improved to 2.3%. Kroger reported mixed earnings for Q3 2024, with increased private label sales but lagging total revenue. Grocery retailing giant Kroger (KR -0.10%) reported third-quarter earnings on Thursday, Dec 5, that demonstrated a mix of progress and obstacles. ...

How did Kroger's third quarter performance compare to a year ago?

Sales at Kroger fell from a year ago as the grocery store chain grappled with lower fuel prices. For its third quarter, the company reported adjusted earnings of 98 cents a share, beating the consensus call for 97 cents among analysts tracked by FactSet. ...

Why are Kroger shares treading water with a downside bias?

Shares of Kroger (NYSE:KR) are treading water with a downside bias into Thursday’s open as the grocery chain’s Q3 revenue was impacted by lower fuel prices and the sale of its specialty pharmacy business. The effect was offset by a slight improvement in profits and a marginal increase in expectations for FY24 sales. ...

How did Kroger perform in the quarter?

During the quarter, Kroger saw a slight drop in overall sales but indicated strong performance in certain areas. "Our Brands," the company's own product line, outperformed traditional grocery items. This demonstrates Kroger's success in offering exclusive products. ...

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