Earnings Season| KR with a solid top line 3Q raises FY guidance
$Kroger(KR)$ KR with a solid top line 3Q raises FY guidance
Revenue +7%
Net income -18% (loss on investments)
Dil. EPS -14% (Adj +13%)
YTD OCF -30% (inventories)
YTD FCF -61%
Guidance
Identical sales without fuel (5.1% to 5.3% from previous 4% to 4.5%)
FY guidance raiseTicker: KR. Period: 10y.
https://twitter.com/DividendWave/status/1598300747900518401
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