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Stock Market & Financial Investment News

News Breaks
June 19, 2014
10:20 EDTKRKroger says customers exhibiting 'less cautious' spending behavior
Says seeing strong positive indicators in shopping behavior, customers exhibiting less cautious spending behavior. Says more customers perceive the economy to be in recovery. Estimates inflation excluding pharmacy was 1.8% in Q1 and 2.1% with pharmacy. Sees inflation higher than expected for the rest of the year. Says committed to achieving a 2-2.2 net total debt to EBITDA ratio by mid-to-late 2015. Says integration with Harris Teeter "well under way." Sees capital spending in the $2.8B-$3B range for FY14. Expects dividend to increase "over time." Comments made on the Q1 earnings conference call.
News For KR From The Last 14 Days
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April 1, 2015
06:39 EDTKRWal-Mart pressures suppliers to lower prices, WSJ says
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March 24, 2015
07:27 EDTKRTelsey Advisory to hold a conference
2015 Consumer Conference is being held in New York on March 24-25.
March 19, 2015
07:35 EDTKRKroger price target raised to $90 from $80 at Deutsche Bank
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