- Grocery store stocks are riding the back of Kroger (KR +13.2%) to early gains.
- Gainers include Supervalu (SVU +4.5%), Smart & Final Stores (SFS +8.7%), Sprouts Farmers Market (SFM +2.7%), Village Super Market (VLGEA +0.9%) and Weis Markets (WMK +1.3%).
- Beyond the sizzling Kroger numbers, Ahold Delhaize and Costco also posted strong earnings. There's a general sense in the sector that fears over the Amazonification of Whole Foods may have been overblown.
- Previously: Costco blows away some Amazon fears with 10% comp (Nov. 30)
- Previously: Kroger beats by $0.04, beats on revenue (Nov. 30)
- Previously: Kroger flies after earnings topper (Nov. 30)