Kroger Is Still Fighting an Uphill Battle
Kroger (NYSE: KR) stock has been pressured this year as the supermarket chain lost ground to major rivals such as Walmart (NYSE: WMT). Yet the retailer's rebound strategy started to show signs of success in the second quarter, which investors were hoping to see carried over into the second half of its fiscal year.
On Thursday, Kroger did show more progress along that turnaround plan. But its operating trends still look weak compared to those of Walmart and other major national retailers.
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Source Fool.com
