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Kroger Lifts Annual Identical Sales Target
(Reuters) -Kroger raised its annual identical sales forecast on Friday, betting on robust demand for groceries at its stores even as consumers deal with still-high inflation. The company expects full-year 2025 identical sales growth of 2.25% to 3.25%, compared with its prior target of 2% to 3% growth.
Target shares sank 7% Wednesday morning after the retail giant lowered its full-year sales projection following mixed first-quarter results.
Target Corp. cut its sales forecast following a sharp pullback in spending and a hit from tariffs, boycotts and consumer confidence. The report sent shares falling and raised questions over ...
Target reports bigger-than-expected Q1 sales decline Forecasts lower sales for 2025 due to economic pressure Customer boycotts and backlash impact performance Shares dropped over 4% ...
the company is set to maintain its forecasts. The Massachusetts-based big box retailer expects comparable sales to grow 2 percent to 3 percent during the current quarter. Unlike Target and ...
Kroger raised its annual identical sales forecast on Friday, betting on robust demand for groceries at its stores even as ...
Kroger results showed the company's same-store sales beat forecasts while its profit outlook for the year remained unchanged.
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