@kewur 5 months ago
Kroger shows steady growth and analyst optimism amid market volatility
Kroger shows steady growth and analyst optimism amid market volatility
With the Fed delivering its first 2025 rate cut and tariff headlines driving volatility, Kroger (KR) stands out. The company just reported solid Q2 numbers: 3.4% comparable sales growth (ex-fuel), higher EPS, and continued dividend increases. Gross margin improved, debt remains manageable, and a $5B buyback is underway. Kroger is closing underperforming stores, investing in renovations, and expanding into health and beauty. Analysts see continued earnings growth through 2027, with a consensus 'Moderate Buy' and an average price target of $77.65 (18% upside from here). Between its healthy dividend and analyst support, Kroger is positioned for both income and growth as market uncertainty persists.
finance.yahoo.com
| Wall Street Is Eating Up This Dividend Stock. Should You Buy Shares Before They Surge as Much as 30%?
@Simonwhite 5 months ago
$5B buyback is probably the strongest reason of all. I might be wrong though. Looks solid.
@AntonioMyers 5 months ago
Kroger is a good brand and has been doing well enough numbers lately, so it's definitely a good choice.
@BrianHoward 5 months ago
Kroger’s Q2 update highlights steady fundamentals: 3.4% comp sales growth (ex-fuel), margin expansion, manageable leverage, and a $5B buyback underway. Dividend growth adds income appeal, while analysts project earnings expansion through 2027 with a consensus price target around $77.65.
