Kroger's Mixed Q3 Results: Beating Earnings, Missing Revenue

Krogers Q3 Financials: A Mixed Bag of ResultsKroger, the supermarket giant, reported a surprising $1.32 billion loss, but adjusted earnings of $1.05 per share, surpassing analysts predictions of $1.04. Despite this, revenue fell short at $33.86 billion, missing the expected $34.29 billion. Krogers full-year earnings outlook ranges from $4.75 to $4.80 per share, offering a glimpse into their anticipated performance for the remainder of the fiscal year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.