hatte ich schon länger auf dem schirm, meldung von gestern:
Kroger's (KR) Q3 Earnings Surpass Estimates, Increase Y/Y
The Kroger Co. KR reported third-quarter fiscal 2018 results, wherein both the top and the bottom lines surpassed the respective estimates for the third successive time. However, identical sales, without fuel, marginally fell short of analysts’ expectations. Moreover, gross margin continues to contract. Further, in spite of reporting better-than-expected results, management maintained its full-year adjusted earnings per share view.
Let’s Introspect
The company delivered adjusted earnings of 48 cents a share that beat the Zacks Consensus Estimate of 43 cents and increased 9.1% from the prior-year quarter. This Cincinnati, OH-based company continues to envision adjusted earnings in the range of $2.00-$2.15 per share. The current Zacks Consensus Estimate for fiscal 2018 stands at $2.11.
However, the company revised its GAAP net earnings view to $3.80-$3.95 per share from its previous range of $3.88-$4.03 owing to a market value adjustment of 9 cents a share for investment made in Ocado.
Total sales declined a marginal 0.3% to $27,672 million from the prior-year quarter but came ahead of the Zacks Consensus Estimate of $27,557 million. Excluding fuel, the convenience store business unit divestiture and the merger with Home Chef total sales jumped 1.7%. Digital sales surged more than 60% during the quarter under review. The company’s identical sales, excluding fuel center sales, grew 1.6%.
...
Kroger's (KR) Q3 Earnings Surpass Estimates, Increase Y/Y
The Kroger Co. KR reported third-quarter fiscal 2018 results, wherein both the top and the bottom lines surpassed the respective estimates for the third successive time. However, identical sales, without fuel, marginally fell short of analysts’ expectations. Moreover, gross margin continues to contract. Further, in spite of reporting better-than-expected results, management maintained its full-year adjusted earnings per share view.
Let’s Introspect
The company delivered adjusted earnings of 48 cents a share that beat the Zacks Consensus Estimate of 43 cents and increased 9.1% from the prior-year quarter. This Cincinnati, OH-based company continues to envision adjusted earnings in the range of $2.00-$2.15 per share. The current Zacks Consensus Estimate for fiscal 2018 stands at $2.11.
However, the company revised its GAAP net earnings view to $3.80-$3.95 per share from its previous range of $3.88-$4.03 owing to a market value adjustment of 9 cents a share for investment made in Ocado.
Total sales declined a marginal 0.3% to $27,672 million from the prior-year quarter but came ahead of the Zacks Consensus Estimate of $27,557 million. Excluding fuel, the convenience store business unit divestiture and the merger with Home Chef total sales jumped 1.7%. Digital sales surged more than 60% during the quarter under review. The company’s identical sales, excluding fuel center sales, grew 1.6%.
...