Investing.com - Kroger (NYSE:KR) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kroger announced earnings per share of $0.88 on revenue of $34.2B. Analysts polled by Investing.com anticipated EPS of $0.81 on revenue of $34.02B.
Kroger shares are up 8% from the beginning of the year and are trading at $49.19 , down-from-52-week-high.
Kroger follows other major Consumer Staples sector earnings this month
Kroger's report follows an earnings beat by Walmart on November 15, who reported EPS of $1.5 on revenue of $152.8B, compared to forecasts EPS of $1.32 on revenue of $147.55B.
Estee Lauder had beat expectations on November 2 with first quarter EPS of $1.43 on revenue of $3.93B, compared to forecast for EPS of $1.33 on revenue of $3.99B.
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