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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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September 1, 2015
18:01 EDTKRTarget to serve alcohol in Chicago store, Fortune says
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August 31, 2015
16:58 EDTKRKroger adds in-store beer taps to more stores, Cincinnati Enquirer says
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August 28, 2015
09:10 EDTKRKroger 'particularly attractive' in current environment, says Citi
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August 25, 2015
14:37 EDTKRKroger ratifies agreement with UFCW Local 1059
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