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Is it time to invest in Kroger stock as shares spike 12% on upbeat FY2022 guidance?

Is it time to invest in Kroger stock as shares spike 12% on upbeat FY2022 guidance?

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On Thursday, Kroger Co. (NYSE:KR) shares surged by more than 12% after announcing its most recent quarterly results. The company reported its fiscal third-quarter revenue and earnings before markets opened, beating the consensus for analysts expectations.

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