Kroger stock slid after beating earnings but cutting its sales outlook
The grocery chain lowered its full-year identical sales forecast to 0.2%–0.8% from 1%–2%, citing the Inflation Reduction Act's effect on pharmacy revenue
We haven't written up this one. Quartz has the full story — the link below goes straight to it.
Also reported by 1 other outlet
- Why is Kroger stock sliding today? investing.com