The Kroger Co. (KR) is one of the largest U.S. grocery retailers, operating more than 2,700 supermarkets, 1,700 fuel centres, 2,270 pharmacies, and 32 food manufacturing facilities. The company sells groceries, pharmacy products, fuel, and private-label brands while providing affordable food and healthcare services across the United States. The Cincinnati, Ohio-based company has a market capitalization of approximately $34.8 billion.
KR is set to report its Q2 earnings soon. Ahead of the release, analysts expect the company to report a diluted EPS of $1.05, up marginally from $1.04 in the year-ago quarter. KR has exceeded Wall Street's EPS estimates in three of the last four quarters, while missing expectations in the remaining quarter.
