Kroger stock declines 9% on Q2 revenue miss

The Kroger Co. (KR) topped analysts’ expectations for Q2 earnings but slightly missed the mark on revenues. Identical-store sales, excluding fuel, also came in short of expectations. Shares dropped 9% during pre-market hours. The retailer reported sales of $27.8 billion for the second quarter of 2018, up 1% from the same period last year. Excluding … Continue reading Kroger stock declines 9% on Q2 revenue miss