Is Kroger a Buy After Its Latest Earnings Report?
Some investors seemed to think so; the stock bumped higher after the second-quarter figures were published.
Overview
Kroger (NYSE:KR) published its latest set of quarterly results before market open on Friday, and investors reacted by pushing the stock up slightly that trading session.
It wasn't a barn-burner of a quarter for the veteran supermarket operator, with modest rises in key fundamentals and only a minor beat on analyst profitability estimates. Yet there was enough to like in the results to satisfy Kroger bulls. Let's pick apart how the company did in the period.
Image source: The Motley Fool.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.