BUZZ-Kroger falls after quarterly sales miss

Reuters
03-06
BUZZ-Kroger falls after quarterly sales miss

** Grocery chain Kroger's KR.N shares down nearly 2% at $61.33 premarket

** Co posts Q4 net sales of $34.31 billion, missing analysts' expectations of $34.51 billion, according to data compiled by LSEG

** Co forecasts annual adjusted EPS of $4.60 to $4.80, compared with analysts' expectations of $4.79

** However, co forecasts annual same-store-sales growth of 2.0% to 3.0%, above analysts' expectations of growth of 1.96%

** KR stock has risen ~2.3% YTD as of last close

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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