From Yahoo Finance: 2025-06-21 18:26:00

The Kroger Co. (KR) saw a 9.84% surge in stock price on Friday, closing at $71.97 per share. CFO David Kennerley announced a 2.25% to 3.25% identical sales guidance increase for the year. Net earnings per share are expected to range from $4.6 to $4.8, with capital expenditures at $3.6 billion to $3.8 billion.

Despite optimistic sales growth outlook, Kroger’s attributable net income dropped by 8.5% in Q1 to $866 million, with sales remaining flat at $45 billion. While KR shows potential for investment, some AI stocks may offer higher returns. A report on the best short-term AI stock is available for further information.

Read more: The Kroger (KR) Surges 9.8% on Optimistic Sales Growth Outlook