Kroger: A Solid First Quarter
Here's our initial take on 's (NYSE: KR) fiscal 2025 first-quarter financial report.
In the first quarter, Kroger reported solid earnings, although revenue fell short of expectations. The grocery giant reported $1.49 in earnings per share, three cents ahead of analysts' consensus, but sales came in just modestly short of estimates (although same-store sales excluding fuel purchases grew by 3.2% year over year).
E-commerce sales were a particularly bright spot, up 15% year over year and becoming more of a part of the company's business. It will be very interesting to keep an eye on this metric going forward.
Source Fool.com
Kroger Co. Stock
€57.99
-1.980%
The stock is an absolute favorite of our community with 25 Buy predictions and no Sell predictions.
As a result the target price of 67 € shows a slightly positive potential of 15.54% compared to the current price of 57.99 € for Kroger Co..
