Identical Store, Digital Sales Fuel Kroger Q3
Kroger said key elements in its Restock strategy helped it drive financial results and win market share in the third quarter.
identical store sales
Kroger Digital, Store Capabilities Deliver Big Q1 Gains
Coronavirus-related circumstances and the capabilities the company has developed to serve customers in new ways contributed to big gains The Kroger Co. made in the first quarter, the company asserted.
Kroger Gains In Solid Q1
Kroger continues to push its Restock Kroger strategic initiatives in a first quarter when it narrowly beat a Wall Street estimate.
Supervalu Weighs Options To Bolster Retail Sales
Supervalu continues to weigh its real estate and store portfolio options after a fourth quarter where earnings fell short of Wall Street expectations and retail revenues fell on a slight identical store sales gain.
Kroger Produces Sales Growth In Q2
In the second quarter, Kroger returned to positive identical store sales growth.
Supervalu Misses Estimate As Retail Lags In Q1
As Supervalu closed on the acquisition of Unified Grocers, the supermarket retailer reported a decline in its retail division net sales in the first quarter.
Kroger Struggles In Q1
Kroger struggled in the first quarter as the supermarket retailer faced increasing price pressure from its grocery store competition.
Kroger Boosting Digital Initiatives As Identical Store Sales Growth Falters
As it confronts new value grocery competition and discounters determined to cut costs in key competitive categories, as well as deflation in many segments, Kroger posted lower identical store sales and net earnings in the fourth quarter.
Kroger Stays Positive In Q3 Despite Deflation Pressure
Kroger pointed to pricing pressures and a sluggish consumer in a challenging but still positive third quarter.
Transitioning Supervalu Posts Soft Second Quarter
Following Supervalu’s sale of its Save-A-Lot division, the supermarket retailer posted a soft second quarter, with flat earnings and a decline in sales.
Kroger Earnings Decline In Q2
As Kroger continues to expand its online ordering services, the supermarket retailer grew in the second quarter, reporting a slight rise in sales and comps, although net earnings declined.
Supervalu Struggles With Turnaround In Q1
For its first quarter, Supervalu saw net earnings and sales drop as it continues to explore a potential spin-off of its Save-A-Lot division.
Kroger Grows In Q1
Kroger grew both net earnings and sales in its first quarter, as the retailer continues to expand its online ordering…
Supervalu Q4 Sales Soft But Earnings Gain
For the fourth quarter of fiscal 2016, Supervalu posted net earnings from continuing operations of $49 million, or 18 cents…
Supervalu Q3 Sales Lag
For its third quarter, Supervalu posted company net earnings of $34 million, or 13 cents per diluted share, versus $79…
Kroger Boosts Third Quarter Earnings
For the third quarter, The Kroger Co. reported net earnings of $428 million, or 43 cents per diluted share, versus…
SuperValu Sales, Earnings Soft In Q2
SuperValu posted soft sales and earnings in its second quarter, following recent announcements of the company’s CEO retiring at the…
Kroger Posts Strong Q2 Earnings, Comps
For its second fiscal quarter, The Kroger Co. posted net earnings attributable to the company of $433 million, or 44…
Supervalu Generates Strong Q1 Earnings, Considers Save-A-Lot Spin-Off
Supervalu is exploring a spin-off of its Save-A-Lot business. As Supervalu revealed its first quarter results, the company, which operates…
Strong Comps Drive Kroger To Q1 Wall Street Beat
The Kroger Co. posted net earnings of $619 million, or $1.25 per diluted share, versus $501 million, or 98 cents…