Stocks in Action USA: Kroger, GMS, Accenture
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Kroger (KR) defies uncertain environment: earnings exceed expectations, stock slightly up! Kroger , one of the leading grocery retailers in the USA, reported an adjusted earnings of $1.49 per share for its first fiscal quarter, exceeding analysts' consensus estimate of $1.45. Although total revenue at $45.12 billion was just below Wall Street expectations of $45.16 billion, Kroger achieved solid like-for-like sales growth of 3.2% year-over-year without fuel. The company maintains its overall guidance for the fiscal year. CFO David Kennerley ...
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