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Kroger cuts annual sales forecast as consumer spending sputters
Source: reuters.com
Consumer Demand & RetailCorporate Guidance & OutlookCompany Fundamentals
Kroger cut its annual identical-sales forecast, signaling weaker-than-expected consumer spending even in essential grocery categories. The revision highlights rising macroeconomic uncertainty and could pressure expectations for U.S. food-retail sales growth and Kroger's earnings outlook.
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