Investing.com - Kroger (NYSE:KR) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kroger announced earnings per share of $0.8 on revenue of $31.68B. Analysts polled by Investing.com anticipated EPS of $0.6372 on revenue of $30.63B.
Kroger shares are up 45% from the beginning of the year and are trading at $46.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 19.63% from the start of the year.
Kroger shares lost 0.28% in pre-market trade after the report.
Kroger follows other major Services sector earnings this month
Kroger's report follows an earnings beat by Walmart on Tuesday, August 17, 2021, who reported EPS of $1.78 on revenue of $141.05B, compared to forecasts EPS of $1.57 on revenue of $137.02B.
Home Depot had beat expectations on Tuesday, August 17, 2021 with second quarter EPS of $4.53 on revenue of $41.12B, compared to forecast for EPS of $4.45 on revenue of $40.8B.
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