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Kroger Co. (KR) Dropped To A 3-Month Low On Weak Outlook

Kroger Co. (KR) reported fourth quarter adjusted EPS of $0.63 Thursday morning, which was in line with analysts' expectations. The company expects to report full year EPS of $1.95 to $2.15, which is below the consensus estimate.

Kroger gapped open lower Thursday and declined until mid-morning. The stock finished with a loss of 3.25 at $22.98 on strong volume. Kroger tumbled to over a 3-month low.

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