Kroger beats quarterly sales estimates

Kawundo.com

Spread the love

(Reuters) – Kroger beat Wall Street estimates for quarterly same-store sales on Thursday, as its efforts to offer freshly sourced groceries at lower prices helped pull in customers looking to save dollars.

Identical sales, excluding fuel, rose 1.2% at the supermarket chain in the second quarter, compared with analysts’ average estimate of 0.93% growth, according to LSEG data.

(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Pooja Desai)

Brought to you by www.srnnews.com

Follow Kawundo.com on X and Facebook for breaking news on your feed. All day, every day.

Leave a Reply