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Kroger Stock Trades In The Red As Q3 Revenue Falls Short Of Estimates Despite Earnings Beat
(MENAFN- AsiaNet News)
The Kroger Co. (KR) shares traded lower on Thursday morning after the company reported its third-quarter 2025 results, with better-than-expected earnings but revenue missing estimates.
Total revenue for the quarter came in at $33.9 billion, up 1% compared to the same period last year. However, this was below analyst estimates of $34.2 billion. The company reported adjusted earnings per share (EPS) of $1.05, beating the $1.03 consensus.
"We continue to focus on what matters most – serving our customers, running great stores, and strengthening our core business. Our results show we are improving the customer experience and building a strong foundation for long-term growth," said Ron Sargent, Chairman and CEO of Kroger.
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