The Kroger Co
KR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Vc | LOCK|>Wv | LOCK|?#<Jqj |
Kroger Earnings: E-Commerce Growth Supports Value Push, Offset by Fuel Drag; Shares Fairly Valued
Kroger's comparable sales increased 1% and adjusted earnings per share rose 6% to $1.58 in the first quarter. Core adjusted FIFO gross margin fell 9 basis points as higher fuel costs, egg deflation, and price investments offset improved e-commerce profitability and a favorable pharmacy sales mix.
