Kroger Stock Poised To Decline After A 17% Rally?

Kroger’s stock (NYSE: KR) is up 17% to around $34 levels year-to-date, compared to an 8% growth for the broader S&P 500. The retailer’s revenue grew 10% year-over-year in the last 2 quarters, as it saw a sustained grocery sales boost amid the pandemic. While Kroger has outperformed the broader markets, we believe the stock could likely decline as concerns surrounding Covid-19 subside. The retailer’s growth rate was unimpressive before the pandemic struck at about 2% CAGR over the past three years. There is a likely chance that growth might return to that disappointing pace once the coronavirus threat abates. Kroger’s stock has also jumped 30% since early 2018. Our dashboard,What Factors Drove 30% Change In

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“Career” means something different for everyone. No matter how you define it, or what your professional success looks like, Kroger will help you achieve your aspirations. That’s a Career with Promise. There is no limit to where a Kroger career can take you. With stores, distribution centers, manufacturing plants, technology hubs and offices, Kroger is a place you can grow and be your best self.
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There’s a lot to love about working at Kroger. Whether you start in a store, one of our division offices, or at our corporate headquarters in Cincinnati, Ohio, one thing is clear: Kroger is a place where you can come for a job and stay for a career.
Together, our teams are redefining the food and grocery experience, but to get there, we’re committed to supporting you in all that we do. We offer

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