Kroger Earnings: 3 Things to Watch
Investors never abandoned Kroger (NYSE: KR) stock, even during the worst of the market slump in late March. Shares didn't even fall into negative territory for 2020 that month, in fact, and they're significantly outperforming the S&P 500 through early June.
That rally will be tested when the supermarket chain announces its first-quarter results on Thursday, June 18. And, while that report is likely to show strong sales growth as consumers stocked up on essentials and home cooking supplies, Kroger might struggle to stand out against peers like Walmart (NYSE: WMT) and Costco (NASDAQ: COST).
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Source Fool.com
