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Kroger’s Q1 Results Surpass Estimates but Fail to Impress

Sharon Bailey
Kroger’s Q1 Results Surpass Estimates but Fail to Impress

On June 20, Kroger (KR) reported better-than-expected results for the first quarter of fiscal 2019, which ended on May 25. However, Kroger stock was down 0.5% as of 11:26 AM ET, as both its first-quarter sales and EPS fell year-over-year.