Comment on Is It Finally Safe to Buy The Kroger Co. Stock?

Is It Finally Safe to Buy The Kroger Co. Stock?

Shares of Kroger (NYSE: KR) surged 10% on June 21 after the supermarket chain's first quarter numbers topped analyst estimates. Its revenue rose 3.4% annually to $37.5 billion, beating expectations by $230 million.Excluding fuel costs, sales grew 2.3%; and excluding the recent sale of the company's convenience store unit, sales rose 2.8%.

 

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