Retail News

Kroger raises its 2020 profit forecast

Reuters 12/04/2020

Kroger said that it expects its digital sales growth rate to slow in 2021 after posting very strong numbers in 2020. The grocery giant forecasts its annual same-store sales will grow around 14 percent, higher than its previous guidance of 13 percent. Kroger also is expecting to post earnings per share between $3.30 and $3.35, compared to the $3.20 to $3.30 it previously forecast

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