Sector • Retail Industry • Grocery Stores |
Industry • Grocery Stores |
Sector • Retail |
Deterioration in earnings despite the Increase in business at in the June to August 12 2017 period
KR reported second quarter of 2017 operating income of $678 million
Published Mar 24 2023
CSIMarket Team / CSIMarket.com
In the preceding reporting period the The Kroger Co realized Revenue of $27.75 billion and bottom line of $0.44 per share.
Earnings of $351.000 million in the June to August 12 2017 period fell by -8.36 % from $383.000 million in the corresponding period a year before. The Kroger Co shifted it's focus on improving sales in the June to August 12 2017 period, as a result net margin eased to 1.27%.
Operating earnings, fell -4.91% to $678 million, squeezing The Kroger Co 's operating margin to 2.46%, from 2.68% in the second quarter of 2016.
The Kroger Co is expected to report next financial recent numbers on June 23, 2023.
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Deterioration in earnings despite the Increase in business at in the June to August 12 2017 period
Other KR's news
Kroger*s Strong Dividend Growth amidst Share Fluctuations
Navigating Financial Transformation: Kroger*s CFO Transition and Quest for Enhanced ROI
Kroger, MidOcean, and PearlRock Partnership Fuels CPG Industry Growth Notwithstanding Q3 Challenges
Epic Surge: Grocery Giant Kroger Reports Stunning 46.67% Surge in Earnings per Share during 2023 Q1
The company disclosed solid Revenue gain, during the financial interval closing Jan 28 2023
Strong, Stronger, in the first quarter of 2022
The company reported a solid Top-line increase, amid the most recent fiscal period
Deterioration in earnings despite the Increase in business at in the June to August 12 2017 period