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Cramer On Kroger: Don't Forget Grocery Is Still Part Of Retail
Friday, June 16, 2017 - 8:32am | 411What do Kroger Co (NYSE: KR) and department stores have in common? Both are retailers and both are bringing pain to investors, CNBC's Jim Cramer explained during his daily "Mad Money" show Thursday. Shares of Kroger collapsed nearly 19 percent Thursday after the grocery chain was forced to lower...
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Kroger CFO's Comments Not Enough To Stop The Bleeding
Thursday, June 15, 2017 - 12:16pm | 383Shares of Kroger Co (NYSE: KR) plummeted nearly 20 percent Thursday morning and hit a new 52-week low of $24.55 after the company reported an in-line first quarter report but lowered its full-year earnings outlook. During the first quarter, Kroger realized about 20 basis points of deflation (...
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Sprouts Farmers Market Downgraded, But Fundamentals Remain Strong As Ever
Thursday, June 15, 2017 - 10:00am | 379After a 30-percent gain since the start of 2017, analysts at Morgan Stanley felt it prudent to downgrade Sprouts Farmers Market Inc (NASDAQ: SFM)'s rating, as the stock is now trading at an appropriate valuation relative to future growth. Morgan Stanley's Vincent Sinisi downgraded Sprouts' stock...