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Why Kroger Stock Dropped Today

TheMotleyFool

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Kroger (NYSE: KR) stock slid 4.9% through 12:10 p.m. ET Thursday after beating on earnings, but missing on sales this morning.

Analysts forecast Kroger would earn an adjusted $1.03 per share on sales of $34.2 billion in its Q3 earnings report. Kroger actually earned $1.05 per share, but its sales fell short at $33.9 billion.

Image source: Getty Images.

Source Fool.com