This COVID-19 Stock May Not Be a Post-Pandemic Winner

Kroger (NYSE: KR) had a stunning first quarter. Same-store sales (excluding fuel) rose by 19%, digital sales climbed by 92%, and earnings per share improved to $1.52, up from $0.95 in the year-ago period.

The company was ready for the conditions caused by the coronavirus pandemic, according to CEO Rodney McMullen's remarks in the Q1 earnings release.

Continue reading

Source Fool.com