Daily Stocks News » KR

Kroger Company Posts 4.4% Growth in Q2 Same-Store-Sales

Warren Paige — Thu, 12 Sep 2013 15:37:20 +0000

The Kroger Company Inc. (NYSE: KR) reported on Thursday that fiscal second quarter net income rose 14%, driven by 4.4% growth in same-store-sales (3.3% excluding fuel sales). Shares edged higher as the company lifted its growth outlook for same-store-sales. For the recently concluded quarter, Kroger posted a profit of $317 million or 60 cents a [...]

The Kroger Co Acquires Harris Teeter (KR, HTSI)

Warren Paige — Tue, 09 Jul 2013 17:32:57 +0000

The Kroger Co. (NYSE: KR) announced on Tuesday that it has agreed to purchase the supermarket operator, Harris Teeter Supermarkets Inc. (NYSE: HTSI) in cash deal estimated at $2.5 billion or $49.38 a share.

The transaction assumes Harris Teeter’s outstanding debt of about $100 million.

For Kroger, this merger would allow it to expand [...]

Major Movers on July 9; SIRI, ISRG, WDFC, BKS, KR, HTSI

Warren Paige — Tue, 09 Jul 2013 17:30:27 +0000

Shares of the satellite radio company, Sirius XM Radio Inc. (NASDAQ: SIRI) gained 2.90 by mid-day trade on Tuesday. The Company said that it added 715,000 new subscribers in the fiscal second quarter, raising its total base in excess of 25 million.

Sirius also upwardly revised its full-year subscribers’ growth base estimate. The Company [...]

Major Movers on March 7; HOTT, SMTC, PETM, SFD, KR, CIEN, TWX

Warren Paige — Thu, 07 Mar 2013 17:47:47 +0000

Shares of Hot Topic (NASDAQ: HOTT) skyrocketed 30% after the teen retailer said it has agreed to be taken private by private-equity firm Sycamore Partners in a deal estimated at $600 million in cash, which represents about30% premium over Wednesday’s closing price of the stock.

Semtech Corporation (NASDAQ: SMTC) rallied about 7% in early [...]

Kroger Shares Rise on Q3 Results, Outlook (KR)

Warren Paige — Thu, 29 Nov 2012 21:38:40 +0000

Kroger Co. (NYSE: KR), U.S’s largest traditional supermarket chain, reported its third-quarter financial results. The Cincinnati, Ohio-based company also raised its earnings outlook for the full year, sending shares sharply higher in trading on Thursday.

For the quarter ended November 3, 2012, KR’s comparable store sales rose 3.2%. The company’s revenue for the quarter [...]

Kroger’s Q2 Profit Beats Estimate (KO)

Warren Paige — Fri, 07 Sep 2012 21:40:00 +0000

U.S.’s biggest supermarket operator, Kroger Co. (NYSE: KR) today reported better-than-expected second-quarter earnings and also raised its full-year earnings outlook.

David B. Dillon, Chairman and CEO of Kroger, said that he is pleased with the company’s strong performance in the second quarter. Dillon said that KR shareholders once again benefited from the company’s Customer [...]