Kroger: same-store sales estimates missed and shares drop 11%
date:Sep 18, 2018
hnic group immigrating to Canada.
Source: dailyhive.com

US: Kroger misses same-store sales estimates, shares drop 11%
U.S. supermarket chain Kroger Co missed quarterly same-store sales estimates, sending shares down as much as 11%, as changes to the way it stocks merchandise on shelves kept some customers away from its stores, analysts said. The Cincinnati, Ohio-based company said adjusted gross margin fell 36 basis points in the second quarter from a year earlier, hurt by price cuts and higher
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