Food Retail

Citi is out with its report today on Kroger (NYSE: KR), reiterating Hold. In a note to clients, Citi writes, "While KR has generated strong comps for 30 straight quarters including a +4.6% gain in 1Q11 ex-fuel, EPS growth has lagged in recent years. However, we believe that the company's...

According to Goldman Sachs, Kroger Company (NYSE: KR) is increasing its FY2011/FY2012/FY2013 estimates from $1.90/$2.06/$2.20 to $1.93/$2.09/$2.23 to partially flow through the $0.05 beat, as it remains concerned that escalating inflation in the back half of the year may prove too great to pass...

Jefferies is out with its report today on Kroger (NYSE: KR), raising its PT from $27 to $28. In a note to clients, Jefferies writes, "Kroger reported better-than-expected 1Q results driven largely by strong ex-fuel ID sales and solid cost control. It is evident that the company continues to...

Deutsche Bank has raised its price target on Kroger (NYSE: KR) from $27 to $28 after the company reported a solid Q1. Deutsche Bank maintains a Buy rating on the stock. In the report, Deutsche Bank writes, “Kroger reported a very solid Q1, with EPS beating Consensus by $0.06, driven by stronger-...

Credit Suisse made a number of updates in today's research report. Diana Shipping (NYSE: DSX) was downgraded to Underperform from Outperform. At the same time, its price target was reduced to $8 from $15. In the report, Credit Suisse states, "We are downgrading DSX to Underperform (from...

Citigroup has raised the price target on Kroger (NYSE: KR) from $23 to $26 and maintains its Hold rating.

Jefferies & Company has raised the price target on Kroger (NYSE: KR) from $27 to $28 and maintains its Buy rating.

The Kroger Co. (NYSE: KR) today reported total sales, including fuel, increased 11.0% to $27.5 billion in the first quarter of fiscal 2011 compared with $24.7 billion for the same period last year. In the first quarter, which ended May 21, 2011, total sales, excluding fuel, increased 4.8% over the...

Kroger (NYSE: KR) updated its identical supermarket sales and earnings guidance for fiscal 2011. The company now expects identical supermarket sales growth, excluding fuel, of 3.5% to 4.5% for the year. The previous guidance range was 3% to 4%. Read more here.

Kroger (NYSE: KR) updated its identical supermarket sales and earnings guidance for fiscal 2011. The company now expects identical supermarket sales growth, excluding fuel, of 3.5% to 4.5% for the year. The previous guidance range was 3% to 4%. For the full year, Kroger increased its earnings...

This is your Benzinga news summary and traders' outlook for Thursday, June 16, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading flat after the markets posted over a 1.5% loss yesterday. The U.S. dollar...

Research In Motion Limited (NASDAQ: RIMM) is expected to post its Q1 EPS at $1.32 on revenue of $5.15 billion. Winnebago Industries Inc (NYSE: WGO) is projected to report its Q3 EPS at $0.13 on revenue of $151.43 million. Smithfield Foods Inc (NYSE: SFD) is expected to report its Q4 earnings at $...

Some of the stocks that may grab investor focus today are: Wall Street expects Kroger Company (The) (NYSE: KR) to report its Q1 EPS at $0.64 on revenue of $26.48 billion. KR shares surged 2.75% to $23.58 in after-hours trading. Finisar Corp (NASDAQ: FNSR) issued downbeat projections for the first...

Goldman Sachs is out with its report today on Kroger (NYSE: KR), maintaining Neutral. In a note to clients, Goldman Sachs writes, "For KR, we see an easier set-up given the stock has retreated 9% over the past two weeks (vs. -4% S&P 500). While we see a favorable risk-reward into the print, we...

Bank of America has raised the price objective on Casey's General Stores (NASDAQ: CASY) from $43 to $47 and maintains its Neutral rating.