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Kroger CFO's Comments Not Enough To Stop The Bleeding
Thursday, June 15, 2017 - 12:16pm | 383Read More...Shares of Kroger Co (NYSE: KR) plummeted nearly 20 percent Thursday morning and hit a new 52-week low of $24.55 after the company reported an in-line first quarter report but lowered its full-year earnings outlook. During the first quarter, Kroger realized about 20 basis points of deflation (...
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Sprouts Farmers Market Downgraded, But Fundamentals Remain Strong As Ever
Thursday, June 15, 2017 - 10:00am | 379Read More...After a 30-percent gain since the start of 2017, analysts at Morgan Stanley felt it prudent to downgrade Sprouts Farmers Market Inc (NASDAQ: SFM)'s rating, as the stock is now trading at an appropriate valuation relative to future growth. Morgan Stanley's Vincent Sinisi downgraded Sprouts' stock...
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Kroger's CFO Talks Food Deflation
Thursday, March 2, 2017 - 1:35pm | 337Read More...Shares of Kroger Co (NYSE: KR) were trading lower by more than 3 percent on Thursday despite the company's fourth-quarter report containing a top- and bottom-line beat. However, the grocer's guidance for the first quarter came in light and the company also cited deflationary concerns. Kroger's...
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Have You Noticed Food Prices Have Fallen For Nine Straight Months?
Wednesday, September 28, 2016 - 12:52pm | 298Read More...Have you noticed that your trip to the grocery store is leaving you with a few extra dollars in your pocket? According to a Bloomberg report, food prices have now fallen for nine straight months in the US, marking the longest streak since the 1960s with the exception of the 2009 financial...
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Kroger Better Positioned Than Most To Survive The Grocery 'Price War'
Monday, September 12, 2016 - 1:22pm | 425Read More...Shares of Kroger Co (NYSE: KR) hit a new 52-week low of $30.70 on Monday, but Shane Higgins of Deutsche Bank remains convinced the grocer is best positioned to survive a looming price war among grocery stores. Kroger's stock has lost nearly 5 percent over the past week after its earnings report...
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Market Winners And Losers As Food Deflation Persists
Saturday, September 10, 2016 - 6:10pm | 722Read More...While consumers have benefited this summer from continued deflation in food prices, investors in food retailers have been starving for returns. From grocers like SUPERVALU INC. (NYSE: SVU), which cut guidance Thursday, to restaurant chains including industry giant Darden Restaurants, Inc. (NYSE:...
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Food Deflation Is 'Great' For Consumers But 'Terrible News' For Grocery Chains
Friday, September 9, 2016 - 2:22pm | 388Read More...Kroger Co (NYSE: KR) reported on Friday its second-quarter results in which revenue fell short of expectations and management revised its full-year earnings guidance lower. For investors, this could be a concerning sign, but for consumers, Kroger's revenue shortfall is a good sign. As noted by CNN...
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Deflation Could Be Coming To Casual Dining
Monday, September 28, 2015 - 4:08pm | 553Read More...Andrew Strelzik, BMO Capital Markets' restaurants analyst, sees food costs turning deflationary in 2016. Promotional activity could increase to "boost" comps, given the "margin cushion" from lower food costs. However, a more promotional environment has not benefited comp trends from a historical...









