CINCINNATI — Kroger Co. stock on Thursday declined by more than 9% after the company said continued consumer caution led to lower margins in the third quarter, and that annual earnings would come in below the top end of previous guidance, despite hitting its targets on quarterly sales and income.
“Some say the great recession is technically over. For Kroger, it's not over until our customers say it is, and many of our customers continue to be cautious in their spending,” David Dillon, ...
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