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Market Overview

KR

  • Consumer Staples, Earnings, Food Retail, KR, KR, Kroger

    Kroger (KR) Disappoints

    Tuesday, September 15, 2009 - 12:57pm

    Kroger (NYSE: KR) reported disappointing 2Q earnings and 2009 full year guidance. Because of this the stock is down 8.3% in midday trading to $20.30. Other grocers including Safeway (NYSE: SWY) and Supervalu (NYSE: SVU) are also down 4.4% and 2.8% respectively today in sympathy. Kroger 2Q earnings...

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