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Kroger Stock Crashes 10% On Triple Whammy: Missed Earnings, Squeezed Margins And Soft Outlook

Benzinga·
Kroger Stock Crashes 10% On Triple Whammy: Missed Earnings, Squeezed Margins And Soft Outlook

Kroger shares plummeted 10.36% in premarket trading after reporting mixed Q1 results. The company narrowly missed earnings estimates ($1.58 vs. $1.59 consensus) despite beating revenue expectations. Gross margins contracted due to higher fuel mix, increased transportation costs, and egg deflation. While the company affirmed its fiscal 2026 guidance, the combination of missed earnings, margin pressure, and soft outlook triggered the sharp selloff.

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