{"id":31566,"date":"2018-06-23T06:56:44","date_gmt":"2018-06-23T06:56:44","guid":{"rendered":"http:\/\/ismartnetwork.co.uk\/?p=31566"},"modified":"2018-06-23T06:56:44","modified_gmt":"2018-06-23T06:56:44","slug":"kroger-is-surging-after-crushing-earnings-thanks-to-booming-online-sales-kr","status":"publish","type":"post","link":"https:\/\/ismartnetwork.co.uk\/?p=31566","title":{"rendered":"Kroger is surging after crushing earnings thanks to booming online sales (KR)"},"content":{"rendered":"

\"Kroger\"AP<\/p>\n<\/p>\n

Kroger<\/a> easily topped first-quater expectations on Thursday.
\nDigital sales spiked 66% over the previous quarter as Kroger faces increasing competition from Amazon.
\nThe stock surged more than 8% in early trading.
\nFollow Kroger’s stock price in real-time here<\/a>.<\/p>\n

Kroger<\/a> surged more than 9% early Thursday after the US’s largest grocery chain posted earnings that crushed Wall Street expectations thanks to a surge in digital sales.<\/p>\n

For the first quarter, Kroger said it earned an adjusted $0.73 per share where analysts had expected $0.63, according to Bloomberg. Revenue of $37.53 billion topped the $37.33 billion consensus.See the rest of the story at Business Insider<\/a><\/p>\n

NOW WATCH: Learning to celebrate failure at a young age led to this billionaire’s success<\/a><\/p>\n

See Also:<\/p>\n

Here are your favorite TV shows that are coming back for another season<\/a>26 things under $20 we use every day<\/a>Wall Street is firing a warning shot on red-hot tech stocks, and many investors don’t see it coming<\/a><\/p>\n

SEE ALSO: Kroger is buying meal-kit company Home Chef for $200 million<\/a><\/p>\n

<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>
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Read more: feedproxy.google.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

AP Kroger easily topped first-quater expectations on Thursday. Digital sales spiked 66% over the previous quarter as Kroger faces increasing competition from Amazon. The stock surged more than 8% in early trading. Follow Kroger’s stock price in real-time here. Kroger surged more than 9% early Thursday after the US’s largest grocery chain posted earnings that …<\/p>\n","protected":false},"author":1,"featured_media":31567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[15906,15858,16084,15811,16087,8248,16085,16086,15812],"class_list":["post-31566","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-uncategorized","tag-billion","tag-first","tag-kroger","tag-more","tag-quarter","tag-stock","tag-street","tag-surged","tag-than"],"jetpack_featured_media_url":"https:\/\/ismartnetwork.co.uk\/wp-content\/uploads\/2018\/06\/ap4021958486731529737004.png","_links":{"self":[{"href":"https:\/\/ismartnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/31566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ismartnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ismartnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ismartnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ismartnetwork.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31566"}],"version-history":[{"count":0,"href":"https:\/\/ismartnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/31566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ismartnetwork.co.uk\/index.php?rest_route=\/wp\/v2\/media\/31567"}],"wp:attachment":[{"href":"https:\/\/ismartnetwork.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ismartnetwork.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ismartnetwork.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}