by Mike Duff | Dec 2, 2022 | Retail Articles
As it continues to highlight its digital efforts, Kroger posted sales and earnings that exceeded Wall Street expectations. Company net earnings were $398 million, or 55 cents per diluted share, versus $483 million, or 64 cents per diluted share, in the year-before...
by Mike Duff | Oct 19, 2022 | Retail Articles
With the blockbuster announcement that the company is preparing to merge with The Kroger Co.just days behind it, Albertsons Cos. announced identical store sales and earning advances in the second quarter. Net income was $342.7 million, or 59 cents per diluted share,...
by Mike Duff | Sep 9, 2022 | Retail Articles
In the second quarter, Kroger saw across-the-board financial advances that exceeded expectations as the company continues to leverage technology, as in its robotic fulfillment centers using Ocado technology, and, as a consequence, omnichannel operations, and made...
by Mike Duff | Jul 27, 2022 | Retail Articles
In a quarter when shoppers shifted to food and consumable purchasing under the pressure of inflation, Albertsons Cos. posted satisfying sales and earnings, beating Wall Street estimates. Net income was $484.2 million, or 84 cents per share, versus $444.8 million, or...
by Mike Duff | Jun 16, 2022 | Retail Articles
Strong identical store sales helped propel The Kroger Co. to a Wall Street beat in the first quarter as the company continues expanding its digital operations. Company net earnings were $664 million, or 90 cents per diluted share, versus $140 million, or 18 cents per...
