Member Info for Gioviano55020

Kroger Delivers Strong Fourth Quarter and Fiscal Year 2020 Results
Company Release - 3/4/2021
Issues 2021 Full Year Guidance
Fiscal Q4 Highlights
- Identical Sales without fuel grew 10.6%, digital sales grew 118%
- EPS of ($0.10); Adjusted EPS of $0.81
- Operating Loss of ($158 million); including a $989 million charge for UFCW pension commitments; Adjusted FIFO Operating Profit of $837 million
Fiscal 2020 Highlights
- Identical Sales without fuel grew 14.1%, digital sales grew 116%
- Record Our Brands sales of $26.2 billion, up 13.6%
- EPS of $3.27; Adjusted EPS of $3.47
- Operating Profit of $2.8 billion; Adjusted FIFO Operating Profit of $4.1 billion
- Committed $2.5 billion to support and safeguard associates, customers, and communities, which includes the UFCW pension commitments
- Cost savings exceeded $1 billion for third consecutive year
- Alternative profit contributed incremental $150 million of operating profit fueled by retail media

CINCINNATI, March 4, 2021 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today reported its fourth quarter and fiscal year 2020 results.

You won't get an answer Ed, most likely working for a broker...they come out of woodwork at moments like these, with predictable names and only a few comments...always with recommendations like strong sell

here we go Assetstripper...surprise, surprise

start telling everyone to sell

Hopefully a good lift.

I hear you hafeez!!!

It might get there, or even 19 -ish....if something doesn't change quick.

Will keep in mind thanks.
I can see Just Eat down too again, not in favour either due to covid easing. However furlough extended to September isn't a sign the virus has finished.
You can book an Easyjet flight to Italy this summer, but you WON'T necessarily be allowed in!

Thanks, just seems a bit disproportionate to others at moment. The future bright yes, but if goes below 21 currently, that's not a good sign.

Apart from the predictable "it's totally overvalued" response from the usual de-ramping crowd, I can 't quite see why we are headed down so low in such a few weeks, faster than even when Autostore was announced.

Fingers crossed, but not much buying activity at moment

if I hadn't paid more already, I would have.
sunak has been tight lipped on tax rises, only teasing with positive PR, so yes, something will be lurking tomorrow.

Good buy, V.

Too early to say if might go a bit lower again before shooting up, but hopefully not.

Price has been brought down from 28+ back to accumulation zone from OCT/NOV with the help of a few brokers, the govt. and the media falsely claiming we are about to return to "normal life" of pre 2020.

The price correction has completely ignored the decent results from a few weeks ago.

"IF" sunak DOESN'T announce a 1% tax, will probably go up quicker

Not ideal seeing JP Morgan reduce, but could be worse. Not sure what is next here
Thanks for video.

"I dont usually take broker notes seriously, but if this were to increase to 3,000 GS would raise their target to 2,700. I think the bottom will be no less than 2,100 but on-line is where the demand is at and if they can start making serious profits then this will be huge."

that's what you said when it was 26, after you aready bailed out at 2750.

So why are you here, like Neil, telling everyone they are wrong to hold? why don'y you concentrate on you winning formula on your new stocks????

Another f'ing moron coming to gloat

Yes Hedged you were right, but you never came on the board to advise anyone else to exit at 2750
Yet you are back at 2100 with "I told you so" stories

VERY HELPFUL......................NOT!!!!!!!!!!!!!

Hedged, in a few weeks you've gone from "cup and saucer pattern" to the upside, to Ocado being completely worthless.

hmmmm, interesting

lot of buys coming back now

Typical no reply from an "Expert"....deletes his message too..............ha, ha

Always found most so-called Christians to be two-faced