Kroger (KR) Increases Despite Market Slip: Here's What You Need to Know

Kroger stock closed at $62.56, up 1.49% and outperforming the broader market decline. The company is expected to report EPS of $1.16 (up 10.48% YoY) and revenue of $34.57 billion (up 2.1% YoY). With a Forward P/E of 11.87 below the industry average of 13.69, Kroger trades at a discount. However, the stock holds a Zacks Rank of #3 (Hold) with a slight 0.29% downward EPS revision in the past 30 days.