Kroger: Q4 EPS above estimates
(CercleFinance.com) - Kroger has reported Q4 2019 adjusted EPS that is up 18.
8% at 57 cents, two cents above the consensus, for revenues of 28.9 billion dollars, up 2.3% on a like-for-like basis and excluding fuel.
For the past year, the food retail group reported adjusted EPS of 2.19 billion, with 2% growth at constant stores, with target ranges of 2.15-2.25 dollars and 2% to 2.25% respectively.
For the current fiscal year, Kroger confirms expected EPS of between 2.30-2.40 dollars, an adjusted operating profit of between 3 billion and 3.1 billion dollars, and same-store sales growth of over 2.25%, excluding fuel.
The share is up over 4% in early trading on Wall Street on Thursday.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
8% at 57 cents, two cents above the consensus, for revenues of 28.9 billion dollars, up 2.3% on a like-for-like basis and excluding fuel.
For the past year, the food retail group reported adjusted EPS of 2.19 billion, with 2% growth at constant stores, with target ranges of 2.15-2.25 dollars and 2% to 2.25% respectively.
For the current fiscal year, Kroger confirms expected EPS of between 2.30-2.40 dollars, an adjusted operating profit of between 3 billion and 3.1 billion dollars, and same-store sales growth of over 2.25%, excluding fuel.
The share is up over 4% in early trading on Wall Street on Thursday.
Copyright (c) 2020 CercleFinance.com. All rights reserved.