Kroger Misses Q3 Revenue Estimates, Narrows Guidance
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Kroger Co reported mixed third-quarter results, missing revenue estimates and narrowing its guidance. The company's shares are trading flat following the announcement.
December 05, 2024 | 3:45 pm
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Kroger Co reported mixed Q3 results, missing revenue estimates and narrowing its guidance. Despite this, shares are trading flat.
Kroger's mixed results, with a miss on revenue estimates and narrowed guidance, typically would lead to a negative impact on stock prices. However, the shares are trading flat, indicating that the market may have already priced in these expectations or is waiting for further developments.
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