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Benzinga
Benzinga
Business
Henry Khederian

Why Kroger Stock Hit A New 52-Week High Today

Kroger Food

Kroger Co (NYSE:KR) shares are trading higher by 2.39% to $73.69 Monday afternoon. The company last week reported stronger-than-expected first-quarter earnings. The company also received a number of analyst rating updates following the earnings print.

What To Know: Adjusted EPS came in at $1.49, topping the $1.46 consensus estimate, while identical sales excluding fuel rose 3.2%, exceeding projections despite ongoing consumer spending headwinds.

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