What to Watch in the Day Ahead - Thursday, June 18
June 17, 2015 at 15:13 PM EDT
Kroger Co, the operator of Harris Teeter and Ralphs supermarket chains, is likely to report first-quarter profit and sales above analysts' average estimate, according to Thomson Reuters StarMine. Kroger cut prices of natural and organic goods in the quarter in markets that have traditionally experienced less demand for such goods. It also cut prices of milk. Investor will want to see whether the price cuts helped move the needle for sales in the quarter.