What to Expect From The Kroger’s Upcoming Q1 Earnings?


Oppenheimer analysts provided their views on The Kroger Co. (NYSE:KR) ahead of the company’s upcoming Q1 earnings, expected to be reported on June 16.
The analysts anticipate Q1 EPS of $1.26 (up 5.2%), compared to the company’s guidance for EPS growth to be above the annual growth rate of 2–5%. The analysts believe a stronger revenue driven by inflation benefits could more than offset higher LIFO charges and increased supply chain expenses.
The analysts also think management still has the ability to reaffirm full-year guidance. However, they believe management could be forced to identify more productivity opportunities to offset inflationary headwinds as the year progresses.


Follow us on Google news for more updates and News










Full Disclaimer








>

FREE

Get the most important news and analyses for Free.

Thank you for subscribing.

Something went wrong.