Kroger Q3 Profit Jumps Nearly 16 Percent
Excerpt from the InvestorGuide.com Stock of the Day on 12/5/2006

Shares of Kroger Co. jumped Tuesday morning, at one point up as much as 9 percent, following news that the company's third-quarter earnings climbed by 15.8 percent. The profit exceeded estimates from Wall Street analysts, and the company raised their guidance for 2006. Strong sales growth played prominently into the results, with lower prices and a wider variety or products mentioned as factors that helped contribute to the growth. Will Kroger be able to maintain such performance in the face of increasing competition from Wal-Mart (WMT: Charts, News, Offers) and other grocery chains? More >

Kroger's 3Q Profit Rises 30%
Excerpt from the InvestorGuide.com Stock of the Day on 12/6/2005

Kroger, the largest grocer in the nation., announced that its third quarter profits increased by 30%. A strong performance from same-store sales was a major factor leading to the increase in profits. Also, conditions in Southern California have improved, after taking a long time to recover from a five-month strike that ended early last year. Earnings were up to $185.4 million, or 25 cents a share, from $142.7 million, or 19 cents a share, in the year-ago period. Despite the increase in profits, a weak forecast caused Kroger's stock price to fall in early trading, begging the question: How long with Kroger's good news last? More >