Consumers Aren’t Spending Less. They’re Shopping Selectively.
Kroger beat estimates. Then it warned investors about what it sees coming. Kroger reported first-quarter 2026 results on June 18 and beat its top-line estimate: quarterly sales of $46.12 billion against an analyst forecast of $45.47 billion, per Reuters. The stock fell roughly 7% anyway. What the market was trading on was not the quarter…