Revenue slipped at Kroger in the latest quarter
Kroger Co. is struggling to keep up in a more competitive grocery market.
Shares of the largest U.S. supermarket chain fell 12% in morning trading Thursday after it reported lower revenue and profit in its latest quarter. Kroger’s investments aimed at moving more of its sales online are hurting profitability. The company and other food sellers...Rapidly changing ideas about what’s healthy are causing strong headwinds for supermarkets. WSJ’s Ken Brown breaks down 3 things they’re doing right. Photo: Getty Images.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Kroger shares slide 7.6% premarket after earnings fall short of estimates
Baca lebih lajut »
Kroger earnings outlook disappoints, shares slide 10 percentKroger Co projected annual earnings below Wall Street forecasts on Thursday, as ...
Baca lebih lajut »
Kroger shares plunge after earnings, revenue missKroger reported earnings before the bell Thursday.
Baca lebih lajut »
British Airways owner IAG forecasts free cash flow to be lower in 2019, shares fallIAG shares hit a two-month low on Monday after the owner of British Airways and ...
Baca lebih lajut »
Vale shares fall after CEO is 'temporarily' ousted after dam disasterShares in Brazil's Vale SA, the world's largest iron-ore miner, fell o...
Baca lebih lajut »
Enbridge shares fall on Canadian oil pipeline delayShares in pipeline operator Enbridge Inc fell 6 percent on Monday after the comp...
Baca lebih lajut »
Tesla shares fall 4 percent despite China approval of Model 3 importsChinese customs authorities are allowing Tesla to import the company's Model 3 sedans into the country, after reports had said the vehicles were being held due to irregularities, Reuters reported Tuesday, citing sources familiar with the matter.
Baca lebih lajut »
Elastic shares fall after software company's post-IPO lock-up period expiresSome tech companies that have gone public in recent years have seen their stocks hit after insiders have gotten the chance to let go of some shares.
Baca lebih lajut »
Another Kroger unit to stop accepting Visa credit cards due to high feesU.S. supermarket chain Kroger Co on Friday said its Smith's Food and Drug S...
Baca lebih lajut »
Kroger bans Visa credit cards at 134 stores over 'excessive' fees that 'drive up food prices'Kroger will stop accepting Visa credit cards at its Smith's Food & Drug Stores chain starting April 3.
Baca lebih lajut »