Shares of grocer Kroger KR.N down 1.3% at $67.08 premarket
Co sees annual sales and profit largely below Wall Street estimates as it navigates an uncertain spending environment under new CEO Greg Foran
The forecast reflects co's ability to invest more aggressively in value for customers while improving gross margins, funded by eCommerce profitability, meaningful procurement efficiencies, and productivity gains- CFO David Kennerley
Kroger misses Q4 sales expectations, while surpassing estimates for adjusted profit
Shares rose ~2% in 2025