04.12.2014 - Kroger has improved the outlook for revenue
Kroger Company announced earnings growth of 21% on a sharp increase in the margin on fuel. The company increased its forecasts of revenue until the end of this year to $3.32-3.36, compared with previous estimates of $3.22-3.28 per share. We recall that the company is the one second after Wal-Mart grocery retailer in the US. Development services of goods delivery through a network of supermarkets across America and increasing consumer demand in the US has a positive impact on our forecasts for growth of the shares of the company which may increase by 20-25% per year.