Shares of Ohio-based retailer The Kroger Co. (KR) gained up to 12.6% on Thursday before closing 11% up after the company reported strong financial results for the third quarter of 2021. Kroger runs retail food and drug stores, multi-department stores, jewelry stores, and convenience stores in 35 U.S. states and the District of Columbia. Moreover, it operates 35 food processing or manufacturing facilities, 1,605 supermarket fuel centers, 2,254 pharmacies, and 224 The Little Clinic in-store medical clinics. Q3 Results Adjusted earnings stood at $0.78 per share, higher than the Street’s estimate of $0.66 per share and the year-ago figure of $0.71 per share. Total sales increased to $31.
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Kroger (NYSE:KR)
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Kroger (NYSE:KR)
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