Cincinnati, Ohio-based The Kroger Co. (KR) is a food and drug retailer that operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Valued at a market cap of $42.5 billion, the company also operates fine jewelry stores under names like Fred Meyer Jewelers and Littman Jewelers. It is expected to announce its fiscal Q4 earnings results on Thursday, Mar. 6.
Prior to this event, analysts expect the food retail company to report a profit of $1.10 per share, down 17.9% from $1.34 per share in the year-ago quarter. The company has a promising earnings surprise history. It has beaten or met Wall Street's earnings estimates in all of the last four quarters. Its profit of $0.98 per share in the previous quarter met the consensus estimates.
