Kroger Co (KR): Today's Featured Retail Loser - TheStreet

Kroger

(

KR

) pushed the Retail industry lower today making it today's featured Retail loser. The industry as a whole closed the day up 1.3%. By the end of trading, Kroger fell 12 cents (-0.5%) to $23.19 on light volume. Throughout the day, 2.8 million shares of Kroger exchanged hands as compared to its average daily volume of six million shares. The stock ranged in price between $23.09-$23.44 after having opened the day at $23.38 as compared to the previous trading day's close of $23.31. Other company's within the Retail industry that declined today were:

QKL Stores

(

QKLS

), down 10.7%,

Jones Group

(

JNY

), down 8.1%,

China Jo-Jo Drugstores

(

CJJD

), down 3.8%, and

Cache

(

CACH

), down 3.1%.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. Kroger has a market cap of $13.03 billion and is part of the

services

sector. The company has a P/E ratio of 23, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 3.8% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Kroger a buy, two analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Kroger as a

hold

. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally poor debt management.

On the positive front,

GNC Acquisition Holdings

(

GNC

), up 12.4%,

E-Commerce China Dangdang

(

DANG

), up 9.7%,

Lumber Liquidators Holdings

(

LL

), up 6.7%, and

J.C. Penney

(

JCP

), up 5.5%, were all gainers within the retail industry with

Home Depot

(

HD

) being today's featured retail industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider

SPDR S&P Retail ETF

(

XRT

) while those bearish on the retail industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

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