What's Ahead Thursday: Kroger Could Give an Update on M&A Plans

In 'What's Ahead on Wall Street' for Thursday Mar. 3, earnings season is tapering off, but a few more reports are trickling in including Kroger.
Author:
Publish date:

In 'What's Ahead on Wall Street' for Thursday March 3, earnings season is tapering off, but a few more reports are trickling in. We'll hear from Kroger (KR) and Burlington Stores (BURL) in the morning, followed by H&R Block (HRB) and Ambarella (AMBA) in the afternoon. When Kroger reports earnings, Wall Street is looking for profits of $0.54 a share on revenue of over $26 billion. Both the top and bottom line are expected to be higher than a year ago. Analysts believe the company will be able to sustain its growth as it holds a dominant position in the market among other grocery retailers. TheStreet's U-Jin Lee reports in New York.