CSIMarket
 
The Kroger Co   (KR)
    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


market_Jay-Eins_at_English_Wikipedia__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common KR announced declining eps on increasing revenue in the second quarter of 2017 financial report, where Revenue grew by 3.916 % to $27.60 billion relative to $26.56 billion on a year-over-year basis, while earnings decreased by -4.88 % to $0.39 per share, income per share was $0.41 in the corresponding three months a year ago.

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.



The Kroger Co's Dividend Comparisons

The Kroger Co's Free Cash Flow Margin



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com