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 the report.
Kroger follows other major Services sector earnings this month
Kroger's report follows an earnings beat by Walmart on August 17, 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 August 17 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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