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Kroger Beats Estimates and Once Again Raises Guidance

publication date: Dec 14, 2021
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Image Source: Kroger Co - Third Quarter of Fiscal 2021 IR Earnings Presentation. 

Kroger Co recently reported third quarter earnings for fiscal 2021 (period ended November 6, 2021) that beat both consensus top- and bottom-line estimates, and the retailer also once again boosted its full-year guidance for fiscal 2021. Kroger’s operations include retail store brands such as City Market, Food 4 Less, Fred Meyers, Metro Market, and more, along with its private label brands of consumer staples offerings. Shares of KR have shifted meaningful higher since its latest earnings update as of this writing.

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