Why Did Kroger Stock Rise 15% Last Month?
KRKroger(KR) The Motley Fool·2024-04-10 04:50

Kroger's quarterly profitability and outlook for next year impressed Wall Street. Shares of Kroger (KR 0.09%) climbed 15.2% in March, according to data provided by S&P Global Market Intelligence. The company smashed Wall Street's earnings estimates, and its surprisingly upbeat forecast caused analysts to revise their forecasts higher. Kroger's quarterly report was received positively The grocer reported earnings on March 7, and the stock immediately surged higher. Kroger posted a roughly 1% decrease in "ide ...