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Will Kroger’s First-Quarter Sales Surpass Expectations?

Sharon Bailey
Will Kroger’s First-Quarter Sales Surpass Expectations?

Kroger’s (KR) sales growth has been deteriorating for the past four quarters. In the fourth quarter of fiscal 2018, which ended on February 2, 2019, Kroger’s sales fell 9.5% to $28.1 billion and lagged analysts’ estimate of $28.4 billion.