03.02.2017 13:15:00
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Grocery Stores Stocks on Investors' Radar -- Kroger, Whole Foods Market, SUPERVALU, and Sprouts Farmers Market
NEW YORK, February 3, 2017 /PRNewswire/ --
Stock-Callers.com brings focus on the Grocery Stores industry, which operates retail stores that offer a general selection of food products. According to First Research, global Grocery Store and supermarket sales total more than $2 trillion annually, with the leading 15 retailers accounting for more than 30% of worldwide sales. In today's pre-market research, research reports have been issued on: The Kroger Co. (NYSE: KR), Whole Foods Market Inc. (NASDAQ: WFM), SUPERVALU Inc. (NYSE: SVU), and Sprouts Farmers Market Inc. (NASDAQ: SFM). Learn more about these stocks by downloading their comprehensive and free reports at:
http://stock-callers.com/registration
Kroger
Shares in Cincinnati, Ohio headquartered The Kroger Co. climbed 1.97%, ending Thursday's trading session at $34.10. The stock recorded a trading volume of 6.36 million shares. The Company's shares have advanced 1.13% in the last one month and 11.16% over the previous three months. The stock is trading 0.30% and 1.64% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Kroger, which together with its subsidiaries, operates as a retailer in the US, have a Relative Strength Index (RSI) of 53.78.
On January 30th, 2017, Kroger Co's Houston division announced that it now offers the opioid overdose reversal medication NARCAN® (naloxone HCl) Nasal Spray 4mg at its 105 pharmacies in the region. NARCAN® Nasal Spray delivers a 4mg concentrated dose of naloxone, which is simple, ready-to-use, and needle free. NARCAN® can be easily administered to someone who is actively overdosing on an opioid. Kroger partnered with the Texas Pharmacy Association, as a part of the Saving Lives Initiative, which created a physician-signed standing order that allows pharmacists to provide naloxone to patients or third-parties with connections to patients who may have a medical need. KR complete research report is just a click away and free at:
http://stock-callers.com/registration/?symbol=KR
Whole Foods Market
Austin, Texas headquartered Whole Foods Market Inc.'s stock declined 0.57%, closing the day at $29.66 with a total trading volume of 4.02 million shares. The Company's shares have advanced 3.96% in the previous three months. The stock is trading 2.51% below its 200-day moving average. Additionally, shares of Whole Foods Market, which operates natural and organic foods supermarkets, have an RSI of 39.29.
On January 11th, 2017, Whole Foods Market announced that it will issue financial results for the Company's first fiscal quarter ending January 15th, 2017, after the market closes on February 08th, 2017. Following the release via wire services, the Company will host a conference call with financial analysts and investors from 4:00 - 4:45 p.m. CT. The complimentary report on WFM can be downloaded at:
http://stock-callers.com/registration/?symbol=WFM
SUPERVALU
On Thursday, shares in Eden Prairie, Minnesota headquartered SUPERVALU Inc. recorded a trading volume of 7.55 million shares, which was higher than their three months average volume of 3.93 million shares. The stock ended the day 2.34% lower at $3.75. The Company's shares are trading below their 50-day moving average by 18.49%. Furthermore, shares of SUPERVALU, which together with its subsidiaries, operates as a grocery wholesaler and retailer in the US, have an RSI of 27.25.
On January 18th, 2017, SUPERVALU announced that Anne Dament has been named Senior Vice President of Retail, Merchandising, and Marketing effective immediately. In this role, Dament will lead the Company's retail banner operations, oversee the retail merchandising and marketing functions, and report to Mark Gross, SUPERVALU's President and Chief Executive Officer. Dament, a 25-year retail veteran who began her career at SUPERVALU, most recently served as Senior Vice President of Merchandising for Target Corporation where she oversaw food merchandising for its grocery business, including perishables, non-perishables, food service and private label brands. Sign up for your complimentary research report on SVU at:
http://stock-callers.com/registration/?symbol=SVU
Sprouts Farmers Market
Phoenix, Arizona headquartered Sprouts Farmers Market Inc.'s stock rose 2.11%, finishing yesterday's session at $18.86. A total volume of 3.14 million shares was traded, which was above their three months average volume of 2.67 million shares. The Company's shares are trading below their 50-day moving average by 5.78%. Additionally, shares of Sprouts Farmers Market, which together with its subsidiaries, operates as a retailer of fresh, natural, and organic food in the US, have an RSI of 42.78.
On January 19th, 2017, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'.
On January 31st, 2017, Americold officially opened its most recent facility addition in East Point, Georgia. The 260,000 sq ft temperature-controlled site, purchased in July 2016, reflects the expansion of Americold's partnership with Sprouts Farmers Market as the latter increases its healthy grocery footprint to more than 250 stores in 15 states in 2017. The East Point site will serve as a temperature-controlled distribution center for Sprouts Farmers Market's south eastern operations, which will expand considerably in 2017. Get free access to your research report on SFM at:
http://stock-callers.com/registration/?symbol=SFM
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