|Bid||0.00 x 800|
|Ask||0.00 x 40700|
|Day's Range||29.42 - 29.93|
|52 Week Range||22.85 - 32.74|
|Beta (3Y Monthly)||0.72|
|PE Ratio (TTM)||6.81|
|Earnings Date||Mar 7, 2019|
|Forward Dividend & Yield||0.56 (1.92%)|
|1y Target Est||31.22|
The relationship's demise has been anticipated since the online behemoth acquired the Austin-based grocer, which has long been one of Instacart's strongest clients.
Shares of Costco (COST) popped 0.57% during regular trading hours Wednesday just one day before the discount grocery powerhouse is set to release its quarterly financial results. Fellow industry giants Kroger (KR) and Walmart (WMT) both reported solid results earlier this quarter, so let's see what to expect from Costco Thursday.
If you’ve followed Blue Apron (NYSE:APRN) since its ill-fated initial public offering, I have nothing new to report: APRN stock still stinks. In fact, you can easily make the argument that at no point has APRN looked worse than it does now. Since opening at $10, Blue Apron stock has lost nearly 90% of its market capitalization.
Arcan Capital of Marietta, Georgia, bought Northwinds Apartments at 1373 Lees Chapel Road in northeast Greensboro from an LLC connected to Southwood Realty of Gastonia.
An industry analyst is concerned about some recent comments from Kroger Co. CEO Rodney McMullen, saying they’re reminiscent of those made by the CEO of now-bankrupt Sears Holdings Corp.
CINCINNATI, Dec. 12, 2018 /PRNewswire/ -- The Kroger Co. announced today the launch of its Rx Savings Club, a new program designed to significantly reduce the cost of prescription drugs for customers across the country, adding to the retailer's Wellness Your Way platform. The program was developed in partnership with GoodRx—America's number one source for prescription drug savings. The Kroger Rx Savings Club provides customers with exclusive access to discounts on commonly-prescribed generic medications for widespread conditions in the U.S., including diabetes, asthma, mental health issues, women's health concerns, and gastrointestinal and heart health.
Casey’s General Stores Inc (NASDAQ: CASY) shares are soaring following a a big second-quarter earnings beat Monday. The convenience store chain reported Q2 earnings of $1.80 per share, beating estimates by 24 cents. Gabelli Securities analyst Damian Witkowski said Casey’s is the firm's best idea for 2019, reiterating a Buy rating on the company and raising the full-year EPS outlook from $4.30 to $4.50 on the basis of better-than-expected Q2 results and a favorable fuel margin environment.
NEW YORK, Dec. 12, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Kroger Co.’s partnership with drug store giant Walgreens has Kroger CEO Rodney McMullen “excited” about its prospects although the arrangement is still in its infant stages.
Blue Apron Holdings (APRN) is facing the blues. A pioneer in the meal kit space, the company is now facing numerous challenges. A shrinking customer base and stiff competition in the meal kit space are two of its major concerns. The meal kit arena now boasts many big and small players, including HelloFresh, Marley Spoon, Amazon (AMZN), and Kroger (KR).
Kroger’s CEO talked up the grocer’s “asset-light” partnerships, which, for one analyst, were reminiscent of Eddie Lampert’s approach to Sears’ business.
This year has been a struggle for the stock market. The two biggest worries are the tariff war and the inversion of the yield curve in the U.S. Today’s opportunity is to capture another leg higher from here.
Kroger Co. and British online grocery retailer Ocado have received a more than $1 million tax credit for their first jointly developed warehouse and distribution center.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed over the past few years. However, hedge funds are generally partially hedged and […]
Since the announcement of Kroger’s (KR) third-quarter earnings, Credit Suisse has increased its target price from $32 to $33. The new target price represents an upside potential of 11.6% from Kroger’s stock price of $29.56.
Kroger (KR) posted an EPS of $0.39. Removing one-time items, the company’s adjusted EPS was $0.48, which represents 9.1% growth from $0.44 in the third quarter of 2017. In the following chart, you can see that Kroger has outperformed analysts’ expectation in four of the last five quarters.
In the third quarter, Kroger’s (KR) adjusted EBITDA margin declined to 4.3% from 4.7% in the third quarter of 2017. The company’s third-quarter adjusted EBITDA margin was also lower than Target’s (TGT) margin, which posted an EBITDA margin of 7.6%.
To drive sales, Kroger (KR) has been investing to enhance its digital and home delivery capabilities, which led to 60% growth in its digital sales during the quarter. The growth rate marks a sequential improvement from 50% in the second quarter. Kroger’s digital sales growth rate has outperformed its peers.