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Kroger

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Reuters - 5 hours ago

Ocado shares jump after tech arm margin guidance lifted

UPDATE 3-Ocado shares jump after tech arm margin guidance lifted Sees "mid-teens" technology EBITDA margin in 2023-24 Sees cash flow improving by 150 million pounds CEO says investors shouldn't be concerned Shares jump 15% Updates shares paragraph 4, analyst comment paragraph 7, CEO comment paragraph 9 By James Davey LONDON, July 16 (Reuters) - Britain's Ocado OCDO.L lifted the annual profit margin guidance for its key warehouse technology division on Tuesday, reassuring investors and prompting
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Reuters - 5 days ago

Conagra Brands projects lower annual sales, profit on tepid demand recovery

UPDATE 4-Conagra Brands projects lower annual sales, profit on tepid demand recovery Forecasts FY25 revenue, profit below estimates Posts Q4 revenue of $2.91 bln missing estimates of $2.93 bln Sees Q1 volumes down year-on-year Adds CEO quote in paragraph 6 By Anuja Bharat Mistry and Jessica DiNapoli July 11 (Reuters) - Conagra Brands CAG.N forecast annual revenue and profit below analysts' estimates on Thursday, as cash-strapped consumers turned to cheaper pantry staples for their at-home meals.
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Reuters - 1 week ago

Kroger Provides Details Related To Store Divestiture In Memo

BRIEF-Kroger Provides Details Related To Store Divestiture In Memo July 9 (Reuters) - Kroger Co KR.N : KROGER IN MEMO SAYS FUEL CENTERS & PHARMACIES ASSOCIATED WITH DIVESTED STORES UNDER MERGER DEAL TO REMAIN WITH STORES & CONTINUE TO BE OPERATED BY C&S KROGER IN MEMO SAYS NO FRONTLINE WORKERS WILL LOSE JOBS & NO STORES WILL CLOSE DUE TO MERGER WIT
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Reuters - 2 weeks ago

US to block Tempur Sealy's $4 billion Mattress Firm deal

UPDATE 2-US to block Tempur Sealy's $4 billion Mattress Firm deal Adds background in paragraphs 2-7 and 9 By Jody Godoy July 2 (Reuters) - The U.S. Federal Trade Commission said on Tuesday it will sue to block the $4 billion merger between mattress manufacturer Tempur Sealy International Inc TPX.N and retailer Mattress Firm. Tempur Sealy had announced the cash-and-stock deal in May 2023, seeking to add Mattress Firm's more than 2,300 brick-and-mortar store locations.
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Reuters - 2 weeks ago

US will sue to block Tempur Sealy's purchase of Mattress Firm--agency

US will sue to block Tempur Sealy's purchase of Mattress Firm--agency July 2 (Reuters) - The U.S. Federal Trade Commission said on Tuesday it will sue to block the $4 billion merger between mattress manufacturer Tempur Sealy International Inc TPX.N and retailer Mattress Firm. Tempur Sealy had announced the cash-and-stock deal in May 2023, seeking to add Mattress Firm's more than 2,300 brick-and-mortar store locations.
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Reuters - 2 weeks ago

US to block Tempur Sealy's $4 bln buy of retailer Mattress Firm

UPDATE 1-US to block Tempur Sealy's $4 bln buy of retailer Mattress Firm Adds attempt to seek comment in paragraph 4 By Jody Godoy July 2 (Reuters) - The U.S. Federal Trade Commission is preparing to sue to block the $4 billion merger between mattress manufacturer Tempur Sealy International Inc TPX.N and retailer Mattress Firm, a source familiar with the matter said on Tuesday.
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Reuters - 2 weeks ago

US to block Tempur Sealy's $4 bln buy of retailer Mattress Firm

US to block Tempur Sealy's $4 bln buy of retailer Mattress Firm By Jody Godoy July 2 (Reuters) - The U.S. Federal Trade Commission is preparing to sue to block the $4 billion merger between mattress manufacturer Tempur Sealy International Inc TPX.N and retailer Mattress Firm, a source familiar with the matter said on Tuesday. Tempur Sealy had announced the cash-and-stock deal in May 2023 , seeking to add Mattress Firm's more than 2,300 brick-and-mortar store locations.
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Reuters - 3 weeks ago

Kroger's Board Of Directors Raises Quarterly Dividend By 10%

BRIEF-Kroger's Board Of Directors Raises Quarterly Dividend By 10% June 27 (Reuters) - Kroger Co KR.N : KROGER'S BOARD OF DIRECTORS RAISES QUARTERLY DIVIDEND BY 10% KROGER CO - BOARD OF DIRECTORS APPROVED A DIVIDEND INCREASE FROM $1.16 TO $1.28 PER YEAR. Source text for Eikon: ID:nPnbnP4wda Further company coverage: KR.N
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Reuters - 3 weeks ago

Nestle launches website for individuals on weight loss drugs

Nestle launches website for individuals on weight loss drugs June 25 (Reuters) - Nestle's NESN.S health unit on Tuesday launched a web platform to provide nutritional support for individuals on weight loss programs, including those using GLP-1 medications. Nestle Health Science said the website will address specific needs such as preserving lean muscle mass, supporting gut health, and offering personalized diet assistance .
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Reuters - 4 weeks ago

U.S. CME Group, Ingersoll Rand, Winnebago Industries

U.S. RESEARCH ROUNDUP-CME Group, Ingersoll Rand, Winnebago Industries June 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including CME Group, Ingersoll Rand and Winnebago Industries, on Friday. HIGHLIGHTS * CME Group Inc CME.O : JP Morgan cuts to underweight from neutral * Ingersoll Rand Inc IR.N : Jefferies resumes coverage with buy rating; PT $110 * Nike Inc NKE.N : Oppenheimer raises to outperform from perform * Sarept
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Reuters - 4 weeks ago

S&P 500 closes lower after record high, weighed by chips stocks, economic data

US STOCKS-S&P 500 closes lower after record high, weighed by chips stocks, economic data Kroger reaffirms FY forecasts amid consumer spending pressure Nasdaq ends seven-session streak of record closing highs Indexes mixed: Dow up 0.77%, S&P down 0.25%, Nasdaq down 0.79% Updates with more closing data By Echo Wang June 20 (Reuters) - The S&P 500 and Nasdaq closed lower on Thursday, as market bellwether Nvidia r etreated from earlier gains, while investors evaluated recent economic data and commen
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Reuters - 4 weeks ago

S&P 500 closes lower after record high, weighed by chips stocks, economic data

US STOCKS-S&P 500 closes lower after record high, weighed by chips stocks, economic data Kroger reaffirms FY forecasts amid consumer spending pressure Dow up, S&P down, Nasdaq down Closing report By Echo Wang June 20 (Reuters) - The S&P 500 and Nasdaq ended lower on Thursday, as market bellwether Nvidia gave up earlier gains, while investors evaluated recent economic data and commentary from Federal Reserve officials to determine the timing of interest-rate cuts this year.
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Reuters - 4 weeks ago

S&P 500 drops after reaching record high on economic data

US STOCKS-S&P 500 drops after reaching record high on economic data Kroger reaffirms FY forecasts amid consumer spending pressure Indexes mixed: Dow up 0.87%, S&P down 0.09%, Nasdaq down 0.59% As of 2:16 PM EDT By Echo Wang June 20 (Reuters) - The S&P 500 pulled back on Thursday after reaching the crucial 5,500-point mark for the first time ever, while investors assessed recent economic data and commentary from Federal Reserve officials to gauge the timing of interest-rate cuts this year.
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Reuters - 4 weeks ago

U.S. STOCKS Allstate, MicroStrategy, AutoZone

BUZZ-U.S. STOCKS ON THE MOVE-Allstate, MicroStrategy, AutoZone Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq hit record highs on Thursday, boosted by strong gains in Nvidia, while investors assessed recent economic data and commentary from Federal Reserve officials to gauge the timing of interest-rate cuts this year.
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Reuters - 4 weeks ago

S&P 500, Nasdaq scale record highs as Nvidia lengthens its lead

US STOCKS-S&P 500, Nasdaq scale record highs as Nvidia lengthens its lead For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Dell, Super Micro providing server racks for xAI's supercomputer Kroger reaffirms FY forecasts amid consumer spending pressure Indexes mixed: Dow up 0.22%, S&P up 0.06%, Nasdaq flat Updated at 11:59 a.m.
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Reuters - 4 weeks ago

U.S. STOCKS Allstate, MicroStrategy, AutoZone

BUZZ-U.S. STOCKS ON THE MOVE-Allstate, MicroStrategy, AutoZone Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia, while investors assessed the recent economic data and commentary from Federal Reserve officials to gauge the timing for interest rate cuts this year.
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Reuters - 4 weeks ago

Kroger drops on reaffirming FY forecasts amid consumer spending pressure

BUZZ-Kroger drops on reaffirming FY forecasts amid consumer spending pressure Updates ** Supermarket chain Kroger's KR.N shares down as much as 4.2% at $49.72 ** Company reaffirms FY identical sales and adj profit forecasts, citing near-term pressures on budget-conscious consumers in an uncertain economic environment ** Stock set for worst session
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Reuters - 4 weeks ago

Kroger Co reports results for the quarter ended in January - Earnings Summary

Kroger Co reports results for the quarter ended in January - Earnings Summary Kroger Co KR.N reported quarterly adjusted earnings of $1.43​​ per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of $1.51. The mean expectation of seventeen analysts for the quarter was for earnings of $1.35 per share.
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Reuters - 4 weeks ago

Kroger jumps on Q1 sales, profit beat

BUZZ-Kroger jumps on Q1 sales, profit beat ** Shares of supermarket chain Kroger KR.N up 4.1% at $54.10 before the bell ** Company beats Wall Street estimates for Q1 same-store sales and profit, benefiting from more customers thronging its outlets for lower-priced groceries ** Q1 identical sales, excluding fuel, rises 0.5%, compared with LSEG estim
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Reuters - 4 weeks ago

McDonald's $5 meal deal to launch next week as fast-food chains woo frugal customers

McDonald's $5 meal deal to launch next week as fast-food chains woo frugal customers June 20 (Reuters) - McDonald's MCD.N will roll out its $5 meal deal from June 25 for a limited time at some restaurants across the U.S., the burger giant said on Thursday, as fast-food chains ramp up cost-friendly options to boost spending among lower-income groups. Restaurant Brands International-owned QSR.TO rival, Burger King, is also considering a $5 "Your Way deal" as companies turn to improved offers and p
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