Categories AlphaGraphs, Earnings, Retail
Kroger (KR) Q2 2024 adj. profit drops on flat sales; earnings beat estimates
The Kroger Co. (NYSE: KR) reported lower adjusted earnings for the second quarter of 2024, while the grocery chain’s sales remained unchanged. Earnings exceeded Wall Street’s projections.
The Cincinnati-headquartered company reported net sales of $33.9 billion for the July quarter, which is broadly unchanged from the year-ago quarter. Identical sales, without fuel, increased by 1.2%.
Net income, excluding special items, decreased to $0.93 per share in the second quarter from $0.96 in the year-ago quarter, but beat estimates. On an unadjusted basis, net earnings were $466 million or $0.64 per share in Q2, compared to a loss of $180 million or $0.25 per share last year.
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Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
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AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
