Grocery stocks had a rough go of it along with the broader market Monday.
shares ended the day down 2% to $19.46 ahead of its fourth-quarter earnings report. The company reports earnings Tuesday before the market opens. In December, the Cincinnati-based company forecast fourth-quarter earnings of 49 cents a share. Analysts polled by Thomson Reuters are predicting earnings of 51 cents per share, with revenue for the quarter rising to $18.3 billion from $17.23 billion last year.
Whole Foods fell 2.7% to $11.76.
Safeway fell 1.6% to $17.24.
SuperValu fell 3.6% to $13.84.
Great Atlantic & Pacific Tea Co. fell 1.6% to $3.05.
Costco fell 1.4% to $38.44.
BJ's Wholesale fell 0.9% to $30.05.
Wal-Mart fell 2.9% to $47.51.
fell 2.9% to $8.02.