Kroger lower after steady Q3 earnings and guidance


Kroger (KR -1.3%) dips after investors expected a little more than an in-line Q3 report and reiterated guidance from the grocery store operator.

Identical-store sales rose 2.5% during the period while Kroger's gross margin rate fell 25 bps from last year's level.

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  • DAG Investments
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    just posted a new article with complete analysis of and thesis for (KR) ... bottom line, the incredible growth numbers were only "disappointing" to chasers who shouldn't have been in a stock for investors in the first place. "Kroger: The Earnings Dip Is A Buy Opportunity" http://seekingalpha.co...
    8 Dec 2013, 02:16 PM Reply Like
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