Kroger (KR) Q1 Earnings Beat Estimates, Identical Sales Up Y/Y
KRKroger(KR) ZACKS·2024-06-20 23:41

The Kroger Co. (KR) delivered impressive first-quarter fiscal 2024 results, with both the top and bottom lines surpassing the Zacks Consensus Estimate. The company also reported a year-over-year increase in identical sales without fuel. Kroger's well-defined customer segmentation strategy, emphasis on value and focus on its 'Our Brands' portfolio have enabled it to effectively maintain a competitive position. The company remains committed to its core strengths, which include offering an array of fresh produ ...