Shares of SUPERVALU Rank the Lowest in Terms of Projected Earnings Growth in the Food Retail Industry (SVU, WFM, CASY, KR, IMKTA)
Below are the three companies in the Food Retail industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
SUPERVALU ranks lowest with a projected earnings growth of 2.2%. Whole Foods Market is next with a projected earnings growth of 4.4%. Casey's General Stores ranks third lowest with a projected earnings growth of 7.3%.
Kroger follows with a projected earnings growth of 13.8%, and Ingles Markets rounds out the bottom five with a projected earnings growth of 31.5%.
SmarTrend recommended that its subscribers protect gains by selling shares of Kroger on July 28th, 2016 by issuing a Downtrend alert when the shares were trading at $34.81. Since that call, shares of Kroger have fallen 11.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest projected earnings growth SuperValu Whole Foods Market casey's general stores Kroger ingles markets