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Evaluating Kroger’s Second-Quarter Results

Sonya Bells
Evaluating Kroger’s Second-Quarter Results

Kroger (KR) reported its fiscal Q2 2018 (ended August 18) results on September 13, delivering better-than-expected EPS but missing analysts’ top-line expectation. Its adjusted EPS rose 5% YoY (year-over-year) to $0.41, beating analysts’ estimate by $0.04. Its total revenue grew 1% YoY to $27.87 billion, missing analysts’ estimate by $90 million. Kroger had not missed analysts’ expectations for seven quarters.