Picture of Kroger logo

KR — Kroger News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer DefensivesBalancedLarge CapNeutral

Kroger cuts annual sales forecast

Kroger cuts annual sales forecast

- U.S. grocer Kroger KR.N cut its annual identical sales forecast on Friday, underscoring cautious consumer spending even in categories such as essentials amid growing macroeconomic uncertainty.

The company expects full-year identical sales to increase in the range of 0.2% to 0.8%, compared with its prior forecast of a 1.0% to 2.0% rise.


(Reporting by Sanskriti Shekhar in Bengaluru; Editing by Devika Syamnath)

((Sanskriti.Shekhar@thomsonreuters.com))

Recent news on Kroger

See all news