Kroger Tells Investors It Is Winning Momentum
Kroger (NYSE: KR) recently announced third-quarter results that did little to change the growth picture for investors. The supermarket chain's rebound strategy is producing faster sales gains, yet it continues to lose ground to rivals such as Walmart (NYSE: WMT), which have found more success in their multichannel retailing investments.
Kroger's executive team discussed that turnaround plan and the competitive landscape during a conference call with investors. Below are a few highlights from that presentation.
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Source Fool.com
