Company Earnings UpdateKroger (NYSE: KR) Fiscal 4Q18 Results: Comp Growth Strengthens, as Management Points to the Fruits of Its “Restock Kroger” Program Coresight Research March 8, 2019 Executive Summary Kroger reported a 1.9% increase in same-store sales in 4Q18, up from 1.6% in the prior quarter and in line with consensus. Total reported sales declined due to the divestiture of its convenience store business. 4Q18 adjusted EPS of $0.48 came in shy of the $0.52 consensus. Management guided for FY19 same-store sales growth of 2.0-2.5%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: The Shifting “Friction Gap” Between Stores and E-Commerce Is Benefitting Digital Channels, with John MercerConsumer Sentiment Stabilizes Following Trade Talks and Rate Cut: US Consumer Survey InsightsEconomic Sentiment Shows First Uptick in Eight Weeks; Plus, Drugstore and Pharmacy Shopping in Focus: US Consumer Survey InsightsThree Data Points We’re Watching This Week, Week 30: US Retail and the Consumer—Latest Metrics
