Kroger

Kroger Co. (NYSE: KR) posted 2Q results that elicited JP Morgan's opinion that "in conjunction with 2Q results, Kroger affirmed its 2010 EPS view of $1.60-$1.80 – a range we see as conservative given the company's recently reduced FY10 tax rate (from 37% to 35.5%) and greater than expected share...

The Kroger Company (NYSE: KR) reported 2Q EPS at $0.41, $0.05 above Deutsche Bank's estimate and FY2010 EPS guidance was reaffirmed (at $1.60-1.80), giving Kroger yet another solid quarter due to better than expected sales & growth, and trends continue to improve, according to Deutsche Bank....

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...