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Why did Kroger stock pop today?

Mar. 03, 2022 3:49 PM ETThe Kroger Co. (KR)By: Clark Schultz, SA News Editor6 Comments

The Kroger Co. Corporate Headquarters

Scott Olson/Getty Images News

Kroger (KR +10.7%) soared after blasting past consensus marks with its Q4 earnings report and setting favorable guidance. Shares traded as high as $55.50 before settling back a bit.

Total company sales increased 3.7% during the quarter

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Comments (6)

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They raised prices in core mkts and the street acts like there's no risk to mkt share, they can do whatever they want. I beg to differ. The competition hasn't jacked up as much, and will be happy to move their price umbrella under KR's and gain mkt share. This is peak KR days.
umpire1 profile picture
medicare recipients with anthem cards to buy healthy groceries has to be a plus for kroger above and beyond what shoppers spend
Aeroboy profile picture
Up 11% Thursday and 7% Friday... now at a 10 year high. I sold 1/3 of my shares today and may sell more next week. I would think a drop may happen here, just my opinion. Glad I stuck with KR the last 5-6 years. I spend 90% of my grocery $ there.
J. Mark D profile picture
@Aeroboy right there with you, sold 2/3 of my shares Friday. Long since the Amazon WF acquisition beat it down irrationally. Now it's up irrationally. Thank you KR. I'll still shop there!
Monarch00 profile picture
I bought KR 2 days ago, and it's up 19.66%. Got my stop in.
Monarch00 profile picture
@Monarch00 I got stopped out yesterday. Got back in today.
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