Consumer companies rose after strong earnings from one major grocery-store chain.
Shares of Kroger surged after the grocery chain posted fiscal first-quarter earnings ahead of expectations, and said it remains committed to its proposed purchase of Albertsons despite push back from regulators.
Shares of Burlington Stores tested one-year highs after the discount apparel retailer reported fiscal fourth-quarter profit and sales that topped expectations, helped by shrinking inventories.
Warehouse-style members-only store BJ's Wholesale Club Holdings posted fourth-quarter earnings ahead of Wall Street targets.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
03-07-24 1743ET
