Actionable news
All posts from Actionable news
Actionable news in SVU: SUPERVALU Inc,

4 Supermarket Ratings Calls From Goldman

4 Supermarket Ratings Calls From Goldman - Kroger Company The NYSE:KR, Sprouts Farmers Markets NASDAQ:SFM

Goldman Sachs updated its ratings for four food retailers/supermarkets, describing the sector as "challenging end market."

"Grocery is a mature, low-growth sector characterized by relentless competition that appears to be intensifying. Industry sales are driven by inflation and correlated to employment, and we do not see an inflection in either relative to the current subdued backdrop," wrote Goldman.

4 Calls

Do you have ideas for articles/interviews you'd like to see more of on Benzinga? Please email with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card!

© 2016 Benzinga does not provide investment advice. All rights reserved.