Analysts expect volume gains, but modest comps, for Kroger

Analysts expect volume gains, but modest comps, for Kroger

Kroger’s streak of positive identical store sales gains will likely reach its 50th quarter when the retailer reports first-quarter financial results this week, but analysts don’t expect the figure itself will be especially eye-popping.

Continued price deflation — particularly in meat — and modest gains reported over a similar period by some of Kroger’s competitors in recent weeks are influencing a somewhat lukewarm outlook for sales growth, analysts say.

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