Kroger's Earnings Call: 3 Takeaways
Investors cheered the latest earnings news out of Kroger (NYSE: KR). Sure, the supermarket leader's sales fell. But those declines were modest, even compared to soaring pantry-stocking demand a year earlier.
In a conference call with Wall Street analysts, CEO Rodney McMullen and his team made the case that this performance implies fundamentally stronger growth ahead than shareholders had seen before COVID-19 struck in early 2020. Let's take a closer look at that bullish prediction.
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Source Fool.com
