Kroger Whiffs on Q3 Revenue but Guides for a Solid Fiscal 2020

Kroger Whiffs on Q3 Revenue but Guides for a Solid Fiscal 2020

Supermarket operator The Kroger Co. (NYSE: KR) reported its third quarter (Q3) 2020 results today, missing analyst consensus slightly on its top-line results but delivering a positive surprise in earnings per share (EPS). Kroger's shares are falling. Kroger altered its earlier prediction of greater than 13% whole-year identical-store sales growth to the much more specific 14%.