The post Kroger tops identical sales, margin expectations with its Q2 earnings report written by first appeared on Merger Arbitrage Limited - By traders, for traders Post Content Read More KR, SFM, ACI ACI – News and Analysis from Seeking Alpha Kroger tops identical sales, margin expectations with its Q2 earnings report Merger Arbitrage Limited - By traders, for traders ..read more

The post Why the Kroger-Albertsons merger doesn’t matter, analyst explains written by first appeared on Merger Arbitrage Limited - By traders, for traders Shares of Kroger (KR) are climbing after the grocery chain posted its second quarter earnings report and lifted the low end of its annual sales guidance. CFRA Research senior equity analyst Arun Sundaram joins Market Domination to dig into the earnings report and lay out the case for his Buy rating on the company. “I […] Why the Kroger-Albertsons merger doesn’t matter, analyst explains Merger Arbitrage Limited - By traders, for traders ..read more

The post Kroger: Shrink is down in Q2 as grocer prepares for Albertsons merger written by first appeared on Merger Arbitrage Limited - By traders, for traders Digital sales up 11% and identical store sales up 1.2% for the quarter Read More Yahoo! Finance: ACI News Kroger: Shrink is down in Q2 as grocer prepares for Albertsons merger Merger Arbitrage Limited - By traders, for traders ..read more

The post Kroger: Shrink is down in Q2 as grocer prepares for Albertsons merger written by first appeared on Merger Arbitrage Limited - By traders, for traders Digital sales up 11% and identical store sales up 1.2% for the quarter Read More Yahoo! Finance: ACI News Kroger: Shrink is down in Q2 as grocer prepares for Albertsons merger Merger Arbitrage Limited - By traders, for traders ..read more

The post Kroger Stock Soars Amid ‘Positive Customer Trends’ written by first appeared on Merger Arbitrage Limited - By traders, for traders Kroger shares surged Thursday after posting better-than-expected adjusted second-quarter profit, as the retailer’s CFO said it is seeing “positive customer trends” that should positively impact sales into the second half of the year. Read More Yahoo! Finance: ACI News Kroger Stock Soars Amid ‘Positive Customer Trends’ Merger Arbitrage Limited - By traders, for traders ..read more

The post Kroger Stock Gains After Grocery Company Swings to Profit written by first appeared on Merger Arbitrage Limited - By traders, for traders Kroger swung to a quarterly profit, and reported adjusted earnings that were ahead of Wall Street consensus. The stock gained, even though profit and overall sales came in short of consensus forecasts. + Kroger swung to a profit of $466 million, which missed estimates for $538.7 million. Read More Yahoo! Finance: ACI News Kroger Stock Gains After Grocery Company Swings to Profit Merger Arbitrage Limited - By traders, for traders ..read more

The post Kroger stock climbs after grocer lifts full-year guidance written by first appeared on Merger Arbitrage Limited - By traders, for traders Shares of Kroger (KR) are rising in pre-market trading after the grocery giant lifted the low end of its full-year forecast, as identical sales excluding fuel rose during its second quarter. Morning Brief Hosts Seana Smith and Brad Smith dig into the company’s latest earnings report, what it signals about the overall state of the […] Kroger stock climbs after grocer lifts full-year guidance Merger Arbitrage Limited - By traders, for traders ..read more

The post Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes written by first appeared on Merger Arbitrage Limited - By traders, for traders The Kroger Co. (NYSE:KR) (the “Company” or “Kroger”) announced today that it has extended the expiration date of the previously announced offers to exchange (the “Exchange Offers”) any and all outstanding notes (the “ACI Notes”) of Albertsons Companies, Inc. (NYSE:ACI) (“ACI”), New Albertsons, L.P. (“NALP”), Safeway Inc. (“Safeway”), Albertson’s LLC (“Albertsons”), Albertsons Safeway LLC (“ASL ..read more

The post FTC Makes a $365 Million Argument Against Tapestry’s Deal to Buy Capri written by first appeared on Merger Arbitrage Limited - By traders, for traders A hearing in Manhattan federal court dug into the analysis underpinning the government’s case against the $8.5 billion acquisition. Read More Yahoo! Finance: CPRI News FTC Makes a $365 Million Argument Against Tapestry’s Deal to Buy Capri Merger Arbitrage Limited - By traders, for traders ..read more

The post Getting Ready for Michael Kors With Mindy Kaling written by first appeared on Merger Arbitrage Limited - By traders, for traders An afternoon at The Pierre with Mindy Kaling ahead of the Michael Kors show. Read More Yahoo! Finance: CPRI News Getting Ready for Michael Kors With Mindy Kaling Merger Arbitrage Limited - By traders, for traders ..read more