Kroger: same-store sales estimates missed and shares drop 11%
date:Sep 18, 2018
freight costs. Same-store sales, excluding fuel, rose 1.6 percent in the quarter. Analysts on average had expected a 1.86% increase, according to Thomson Reuters I/B/E/S. Kroger said net income jumped 44% to $508mln, or 62 cents per share, in the quarter ended Aug. 18, from $353mln or 39 cents per share a year earlier.
Source: reuters.com

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