Will Kroger Co. Return to Growth With Second-Quarter Earnings?
Investors are watching the supermarket industry closely after online megaretailer Amazon (NASDAQ: AMZN) dove into the space by snapping up Whole Foods.
Against that major market shakeup, Kroger (NYSE: KR), the country's largest supermarket chain, is set to post its second-quarter earnings results on Friday, Sept, 8. Considering the stock's sharp drop so far this year, Wall Street isn't expecting good news out of the leading supermarket chain.
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Source: Fool.com