Categories AlphaGraphs, Earnings, Retail
Earnings: Kroger’s (KR) Q4 earnings beat estimates; revenues up 6%
Department store chain The Kroger Co. (NYSE: KR) reported higher net sales and profit for the fourth quarter of 2023. Earnings beat estimates, while sales came in line with expectations.
The chompany reported net sales of $37.1 billion for the January quarter, compared to $34.8 billion for the same period last year. Identical sales, without fuel, decreased 0.8%. The top line came in line with analysts’ estimates.
Net income, excluding special items, increased to $1.34 per share in the fourth quarter from $0.99 per share in the year-ago quarter. On an unadjusted basis, net earnings were $736 million or $1.01 per share in Q4, compared to $450 million or $0.62 per share last year.
Prior Performance
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CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
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ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
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CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was
