Kroger's Earnings Call: 3 Takeaways

Investors cheered the latest earnings news out of Kroger (NYSE: KR). Sure, the supermarket leader's sales fell. But those declines were modest, even compared to soaring pantry-stocking demand a year earlier.

In a conference call with Wall Street analysts, CEO Rodney McMullen and his team made the case that this performance implies fundamentally stronger growth ahead than shareholders had seen before COVID-19 struck in early 2020. Let's take a closer look at that bullish prediction.

Image source: Getty Images.

Continue reading

Source Fool.com