Kroger Co (KR) Earnings: 2Q Adjusted EPS Surpasses Expectations at 93c

Kroger Co on Smartkarma

Analysts on Smartkarma, such as Baptista Research, are closely covering Kroger Co, a leading company in the grocery sector. In a recent report titled “The Kroger Co: Expansion of the Digital & E-commerce Platform & 5 Growth Catalysts! – Key Drivers,” Baptista Research highlighted Kroger’s strong performance in 2023. The company showed improvements in various business areas and reported adjusted net earnings per diluted share growth in line with its long-term growth model. Despite these positive trends, Kroger faced challenges during the year, including a reduction in Supplement Nutrition Assistance Program (SNAP) benefits and loss of pharmacy sales due to the termination of an agreement with Express Scripts.

A look at Kroger Co Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Kroger Co shows a promising long-term outlook with a strong emphasis on growth and value. With a Growth score of 4 and a Value score of 3, the company is positioned well for future expansion and maintaining a solid financial standing. However, Kroger Co does face challenges in terms of resilience, scoring a 2 in that category. This suggests a need for the company to focus on enhancing its ability to weather economic fluctuations and external pressures.

Kroger Co also maintains an average score of 3 in both Dividend and Momentum categories, indicating a balanced approach towards rewarding shareholders and sustaining its operational efficiency. Overall, the outlook for Kroger Co appears positive, with opportunities for continued growth and value creation, despite the need to strengthen its resilience in the face of potential economic uncertainties.

Summary: The Kroger Co. operates supermarkets and convenience stores in the United States. The Company also manufactures and processes some of the foods that its supermarkets sell.

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