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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

Kroger stock slid after beating earnings but cutting its sales outlook

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

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