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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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July 22, 2014
07:52 EDTKRKroger management to meet with Guggenheim
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July 15, 2014
10:00 EDTKROn The Fly: Analyst Upgrade Summary
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06:48 EDTKRKroger upgraded to Outperform from Market Perform at BMO Capital
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06:22 EDTKRKroger upgraded to Outperform from Market Perform at BMO Capital
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