Kroger Cuts Sales Forecast as Grocery Competition Intensifies
Guidance·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Kroger Co. trimmed its annual sales guidance, a sign that fierce competition for grocery spending is weighing on the retailer.
The adjustment reflects the challenges Kroger faces in a competitive grocery market.
Kroger
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“Kroger Co. trimmed its annual sales guidance, a sign that fierce competition for grocery spending is weighing on the retailer.”
Bloomberg — Kroger Cuts Sales Forecast as Grocery Competition Intensifies