Kroger expects to top 2020 outlook, posts 57% growth in quarterly profit
Kroger Co said on Thursday it expects to exceed its 2020 outlook after posting a 57% jump in quarterly profit, as the U.S. supermarket chain benefits from consumers stockpiling groceries and other essentials due to the COVID-19 pandemic. [Source]
Publication Date:Origin: reuters.com
Category: companyNews
Topics: profit, outlook, Kroger, pandemic, the COVID-19, essentials, groceries, stockpiling, from consumers, benefits, chain, supermarket, in quarterly, posting, exceed, it expects, quarterly, growth, posts, expects