kroger

Kroger confirms guidance but 3Q hangs in balance

CEO highlights 'massive opportunity' to broaden reach

Kroger Co. on Wednesday affirmed its financial guidance for the remainder of the fiscal year but said same-store sales in the current third quarter may or may not fall within that range.

In its annual presentation for investors in Cincinnati, Mike Schlotman, Kroger's CFO, said non-fuel identical store sales during the third quarter — which ends next week — were at the low end of the 0.5% to 1.5% range the company issued in September, and whether the company meets tha

Register to view the full article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish