Kroger Meets Q3 Expectations, but Stock Sinks

CINCINNATI — Kroger stock on Thursday declined by more than 9% after the company said continued consumer caution led to lower margins in the third quarter, and that annual earnings would come in below the top end of previous guidance, despite hitting its targets on quarterly sales and income.

CINCINNATI — Kroger Co. stock on Thursday declined by more than 9% after the company said continued consumer caution led to lower margins in the third quarter, and that annual earnings would come in below the top end of previous guidance, despite hitting its targets on quarterly sales and income.

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