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StockNews.com
StockNews.com
Business
Anushka Dutta

1 Grocery Store Stock to Buy After Q3 Sales Top Estimates

KR GroceryBig Box Retailers

Renowned retailer The Kroger Co. (KR) operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses.

The company’s sales and EPS topped analyst estimates for the fiscal third quarter. Its revenue came in at $34.2 billion, beating the consensus estimate of $33.92 billion. Moreover, its adjusted EPS of 88 cents for the same period surpassed the consensus estimate by 7.3%.

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