14.12.2019 23:41:00

Here Are 2 Key Catalysts for Kroger Stock in Fiscal 2020

While Kroger (NYSE: KR) missed analyst estimates when it reported fiscal third-quarter results earlier this month, there's still a lot to like about the company's overall trajectory. The supermarket's same-store sales growth is currently on pace to accelerate for a second year in a row. Even more, Kroger guided for yet another acceleration in full-year same-store sales growth in fiscal 2020. Management's three-year transformation plan is beginning to pay off.For more insight into Kroger's business, consider some of these key excerpts from the consumer staples company's fiscal third-quarter earnings call.Image source: Getty Images.Continue reading
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