Replies to post #363 on Kroger (KR)

[invent4]

In the Green and Volume up.

About time somebody noticed this stock has been on sale for weeks.

Reason down - incorrect perception of new liability => 100,000 new hires stupidly announced by the company, without acknowledging the instant recovery of 4x their salary in gross profits.

These are personal shoppers filling a huge surge of online orders creating $60/hr each while being paid ~$15. Do the math ~$10M/yr extra profit just on labor.

As evidenced by their earnings, this company does a lot of profit oriented things. But their PR needs to be focused on value to the stockholder!!!!!

[roger wilco]

Supermarket chains are kicking but with the Covid-19 pandemic. No doubt about it Kroger has a lot more bull in her.