Kroger Co (NYSE:KR) shares are trading lower by 4.48% to $47.59 on continued weakness following the company's Thursday earnings report.
Kroger reported quarterly earnings of $1.45 per share which beat the analyst consensus estimate of $1.30. The company also reported quarterly sales of $44.60 billion which beat the analyst consensus estimate of $44.24 billion. This sales figure represents an 8% increase over sales of $41.30 billion the same period last year.
