Kroger on Thursday reported fourth-quarter earnings in-line with analysts' estimates but issued a disappointing profit outlook for 2018.
Revenue jumped 12.4
percent to $31 billion, slightly topping a forecast for $30.8 billion.
The company reported sales of $27.6 billion during the year-earlier
Looking to fiscal 2018,
Kroger is calling for earnings of $1.95 to $2.15 per share, largely
below the $2.15 analysts were expecting.. . . more