Grocery store stocks report mixed Q4 with Albertsons lagging and Grocery Outlet leading

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Summary · why it matters

Grocery store stocks delivered mixed fourth-quarter results, with aggregate revenues beating analyst consensus estimates by 0.7%. Albertsons reported revenues of $19.12 billion, up 1.9% year on year and in line with expectations, but its stock fell 17.4% since reporting. Grocery Outlet posted the best performance, with revenues of $1.17 billion exceeding estimates by 1.4% and its stock rising 22.3%. Kroger's revenues of $46.12 billion beat estimates by 1.4%, yet its stock declined 11% after a gross margin miss. Sprouts Farmers Market recorded the fastest revenue growth among peers at 4.1% to $2.33 billion, and its stock gained 18.7% despite full-year EPS guidance missing expectations.

Impact on assets 4

Consumer Staples± Mixed · 4 stocks
Albertsons Companies
ACI
▼ NegativeCapitalrelevance

Albertsons reported Q4 revenues in line with expectations but its stock fell 17.4% since reporting, indicating negative market reaction to earnings.

Kroger Company
KR
▼ NegativeCapitalrelevance

Kroger's Q4 revenues beat estimates by 1.4% but its stock declined 11% after a gross margin miss.

Sprouts Farmers Market LLC
SFM
▲ PositiveCapitalrelevance

Sprouts Farmers Market recorded fastest revenue growth among peers at 4.1% and its stock gained 18.7% despite full-year EPS guidance missing expectations.