Kroger Reaffirms FY24 Guidance; Sees Identical Sales Without Fuel 0.25%–1.75%, Adj. EPS $4.30-$4.50
Portfolio Pulse from Benzinga Newsdesk
Kroger has reaffirmed its FY24 guidance, projecting identical sales without fuel to grow between 0.25% and 1.75%, and adjusted EPS to be in the range of $4.30 to $4.50.
June 20, 2024 | 12:05 pm
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Kroger has reaffirmed its FY24 guidance, projecting identical sales without fuel to grow between 0.25% and 1.75%, and adjusted EPS to be in the range of $4.30 to $4.50.
Reaffirming guidance is generally a positive signal, indicating that the company is on track to meet its financial targets. This can boost investor confidence and potentially lead to a short-term increase in the stock price.
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