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2021-09-01

$Proterra Inc.(PTRA)$Okay… push on

2021-09-01

Hahhwbdb

2021-08-31

Overvalued? Or whats going on

2021-08-31

$Proterra Inc.(PTRA)$Sian la

2021-08-30

Nice! A

2021-08-29

ATH LETS GO

2021-08-29

$Proterra Inc.(PTRA)$Dab

2021-08-27

Helloo

2021-08-22

Hope to get this next

2021-08-22

Wow what

Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio

2021-08-20

$Proterra Inc.(PTRA)$So sad

2021-08-20

It do go up

2021-08-18

$Proterra Inc.(PTRA)$Oh no…

2021-08-18

Lets go!

2021-08-10

Amazing news

Amazon to end relationship with Indian seller Cloudtail

2021-08-10

$STI ETF(ES3.SI)$Gghvd here

2021-07-29

Lets go!

Go to Tiger App to see more news

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what","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/832941920","repostId":"2161741531","repostType":2,"repost":{"id":"2161741531","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1629552120,"share":"https://ttm.financial/m/news/2161741531?lang=en_US&edition=fundamental","pubTime":"2021-08-21 21:22","market":"hk","language":"en","title":"Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2161741531","media":"Dow Jones","summary":"MW Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio\n\n\n  By Philip van D","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio\n</p>\n<p>\n  By Philip van Doorn \n</p>\n<p>\n  Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping \n</p>\n<p>\n  When investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger. \n</p>\n<p>\n  One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR (#phrase-company?ref=COMPANY%7CKR;onlineSignificance=prominent) is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more  than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders. \n</p>\n<p>\n  Berkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report  with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter. \n</p>\n<p>\n  Read:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers  \n</p>\n<p>\n  Wall Street doesn't like Kroger \n</p>\n<p>\n  While Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others , as well as Kroger, Wall Street is more skeptical. \n</p>\n<p>\n  Within the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios. \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Market cap. ($mil)</td><td>Forward P/E </td></tr><tr><td>Walmart Inc. WMT</td><td>$422,424</td><td>24.9 </td></tr><tr><td>Kroger Co. KR</td><td>$32,467</td><td>15.0 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>$13,688</td><td>13.5 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>$2,767</td><td>12.3 </td></tr><tr><td><a href=\"https://laohu8.com/S/GO\">Grocery Outlet Holding</a> Corp. GO</td><td>$2,565</td><td>27.9 </td></tr><tr><td><a href=\"https://laohu8.com/S/WMK\">Weis Markets Inc</a>. WMK</td><td>$1,502</td><td>N/A </td></tr><tr><td>Arko Corp. ARKO</td><td>$1,033</td><td>16.5 </td></tr><tr><td>Ingles Markets Inc. Class A IMKTA</td><td>$917</td><td>N/A </td></tr><tr><td>Natural Grocers by Vitamin Cottage Inc. NGVC</td><td>$264</td><td>N/A </td></tr><tr><td><a href=\"https://laohu8.com/S/VLGEA\">Village Super Market</a> Inc. Class A VLGEA</td><td>$233</td><td>N/A </td></tr><tr><td>Source: FactSet </td><td></td><td></td></tr><tr><td></td><td>For comparison, the S&amp;P 500 index</td><td>has a weighted forward P/E of 21.4, according to FactSet. </td></tr></tbody></table></pre>\n<p>\n  There are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. <a href=\"https://laohu8.com/S/NGVC\">$(NGVC)$</a> is covered by only <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst. \n</p>\n<p>\n  For the six companies covered  by at least four analysts, here's a summary of ratings and price targets: \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Share \"buy\" ratings</td><td>Share</td><td>neutral ratings</td><td>Share \"sell\" ratings</td><td>Closing price -- Aug. 16</td><td>Consensus price target</td><td>implied 12-month upside potential </td></tr><tr><td>Walmart Inc. WMT</td><td>75%</td><td>19%</td><td>6%</td><td>$152.34</td><td>$165.10</td><td>8% </td><td></td></tr><tr><td>Kroger Co. KR</td><td>21%</td><td>54%</td><td>25%</td><td>$45.43</td><td>$38.49</td><td>-15% </td><td></td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>55%</td><td>40%</td><td>5%</td><td>$30.04</td><td>$25.28</td><td>-16% </td><td></td></tr><tr><td>Sprouts Farmers Markets Inc.</td><td>25%</td><td>50%</td><td>25%</td><td>$24.55</td><td>$26.50</td><td>8% </td><td></td></tr><tr><td>Grocery Outlet Holding Corp.</td><td>33%</td><td>60%</td><td>7%</td><td>$26.63</td><td>$34.36</td><td>29% </td><td></td></tr><tr><td>Arko Corp.</td><td>100%</td><td>0%</td><td>0%</td><td>$8.15</td><td>$13.25</td><td>63% </td><td></td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  Among these six stocks, Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a>, Albertsons Cos. <a href=\"https://laohu8.com/S/ACI.UK\">$(ACI.UK)$</a> and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> -- Kroger and Sprouts Farmers Markets Inc. <a href=\"https://laohu8.com/S/SFM\">$(SFM)$</a> -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&amp;P 500 have 25% or more \"sell\" ratings. \n</p>\n<p>\n  Here's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR): \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Projected sales CAGR</td><td>Est. sales -- 2020</td><td>Est. sales -- 2021</td><td>Est. sales -- 2022</td><td>Est. sales -- 2023</td><td>Est. sales -- 2024</td><td>Est. sales -- 2025 </td></tr><tr><td>Walmart Inc. WMT</td><td>2.2%</td><td>$556,334</td><td>$555,252</td><td>$569,243</td><td>$589,791</td><td>$607,056</td><td>$619,743 </td></tr><tr><td>Kroger Co. KR</td><td>2.2%</td><td>$131,133</td><td>$132,473</td><td>$134,412</td><td>$136,506</td><td>$141,695</td><td>$146,252 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>1.8%</td><td>$68,664</td><td>$67,714</td><td>$68,412</td><td>$70,006</td><td>$72,540</td><td>$75,056 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>5.6%</td><td>$6,468</td><td>$6,202</td><td>$6,665</td><td>$7,230</td><td>$7,826</td><td>$8,491 </td></tr><tr><td>Grocery Outlet Holding Corp. GO</td><td>7.4%</td><td>$3,135</td><td>$3,104</td><td>$3,444</td><td>$3,842</td><td>$4,068</td><td>$4,477 </td></tr><tr><td>Arko Corp. ARKO</td><td>18.3%</td><td>$3,911</td><td>$7,366</td><td>$7,749</td><td>$8,299</td><td>$8,713</td><td>$9,060 </td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  For sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates. \n</p>\n<p>\n  Kroger is in the bottom half of that list. \n</p>\n<p>\n  Even if a company's profits are increasing slowly,  its earnings per share can be boosted  if it buys back enough stock to lower the average share count. Kroger  announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation. \n</p>\n<p>\n  Here's a set of estimates for earnings per share, with projected CAGR: \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Projected EPS CAGR</td><td>Est. net income -- 2020</td><td>Est. net income -- 2021</td><td>Est. net income -- 2022</td><td>Est. net income -- 2023</td><td>Est. net income -- 2024</td><td>Est. net income -- 2025 </td></tr><tr><td>Walmart Inc. WMT</td><td>7.2%</td><td>$5.44</td><td>$5.96</td><td>$6.30</td><td>$6.85</td><td>$7.38</td><td>$7.70 </td></tr><tr><td>Kroger Co. KR</td><td>0.4%</td><td>$3.37</td><td>$3.10</td><td>$3.06</td><td>$3.13</td><td>$3.36</td><td>$3.43 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>-1.1%</td><td>$2.79</td><td>$2.36</td><td>$2.21</td><td>$2.34</td><td>$2.48</td><td>$2.63 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>6.7%</td><td>$2.48</td><td>$1.97</td><td>$2.08</td><td>$2.34</td><td>$2.90</td><td>$3.43 </td></tr><tr><td>Grocery Outlet Holding Corp. GO</td><td>3.9%</td><td>$1.15</td><td>$0.88</td><td>$1.01</td><td>$1.14</td><td>$1.23</td><td>$1.39 </td></tr><tr><td>Arko Corp. ARKO</td><td>24.7%</td><td>$0.27</td><td>$0.35</td><td>$0.43</td><td>$0.53</td><td>$0.67</td><td>$0.81 </td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  As you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR. \n</p>\n<p>\n  So a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner. \n</p>\n<p>\n  Don't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves  \n</p>\n<p>\n  -Philip van Doorn \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  August 21, 2021 09:22 ET (13:22 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett bucks Wall Street by adding more Kroger stock to his portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-21 21:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio\n</p>\n<p>\n  By Philip van Doorn \n</p>\n<p>\n  Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping \n</p>\n<p>\n  When investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger. \n</p>\n<p>\n  One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR (#phrase-company?ref=COMPANY%7CKR;onlineSignificance=prominent) is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more  than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders. \n</p>\n<p>\n  Berkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report  with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter. \n</p>\n<p>\n  Read:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers  \n</p>\n<p>\n  Wall Street doesn't like Kroger \n</p>\n<p>\n  While Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others , as well as Kroger, Wall Street is more skeptical. \n</p>\n<p>\n  Within the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios. \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Market cap. ($mil)</td><td>Forward P/E </td></tr><tr><td>Walmart Inc. WMT</td><td>$422,424</td><td>24.9 </td></tr><tr><td>Kroger Co. KR</td><td>$32,467</td><td>15.0 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>$13,688</td><td>13.5 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>$2,767</td><td>12.3 </td></tr><tr><td><a href=\"https://laohu8.com/S/GO\">Grocery Outlet Holding</a> Corp. GO</td><td>$2,565</td><td>27.9 </td></tr><tr><td><a href=\"https://laohu8.com/S/WMK\">Weis Markets Inc</a>. WMK</td><td>$1,502</td><td>N/A </td></tr><tr><td>Arko Corp. ARKO</td><td>$1,033</td><td>16.5 </td></tr><tr><td>Ingles Markets Inc. Class A IMKTA</td><td>$917</td><td>N/A </td></tr><tr><td>Natural Grocers by Vitamin Cottage Inc. NGVC</td><td>$264</td><td>N/A </td></tr><tr><td><a href=\"https://laohu8.com/S/VLGEA\">Village Super Market</a> Inc. Class A VLGEA</td><td>$233</td><td>N/A </td></tr><tr><td>Source: FactSet </td><td></td><td></td></tr><tr><td></td><td>For comparison, the S&amp;P 500 index</td><td>has a weighted forward P/E of 21.4, according to FactSet. </td></tr></tbody></table></pre>\n<p>\n  There are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. <a href=\"https://laohu8.com/S/NGVC\">$(NGVC)$</a> is covered by only <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst. \n</p>\n<p>\n  For the six companies covered  by at least four analysts, here's a summary of ratings and price targets: \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Share \"buy\" ratings</td><td>Share</td><td>neutral ratings</td><td>Share \"sell\" ratings</td><td>Closing price -- Aug. 16</td><td>Consensus price target</td><td>implied 12-month upside potential </td></tr><tr><td>Walmart Inc. WMT</td><td>75%</td><td>19%</td><td>6%</td><td>$152.34</td><td>$165.10</td><td>8% </td><td></td></tr><tr><td>Kroger Co. KR</td><td>21%</td><td>54%</td><td>25%</td><td>$45.43</td><td>$38.49</td><td>-15% </td><td></td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>55%</td><td>40%</td><td>5%</td><td>$30.04</td><td>$25.28</td><td>-16% </td><td></td></tr><tr><td>Sprouts Farmers Markets Inc.</td><td>25%</td><td>50%</td><td>25%</td><td>$24.55</td><td>$26.50</td><td>8% </td><td></td></tr><tr><td>Grocery Outlet Holding Corp.</td><td>33%</td><td>60%</td><td>7%</td><td>$26.63</td><td>$34.36</td><td>29% </td><td></td></tr><tr><td>Arko Corp.</td><td>100%</td><td>0%</td><td>0%</td><td>$8.15</td><td>$13.25</td><td>63% </td><td></td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  Among these six stocks, Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a>, Albertsons Cos. <a href=\"https://laohu8.com/S/ACI.UK\">$(ACI.UK)$</a> and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> -- Kroger and Sprouts Farmers Markets Inc. <a href=\"https://laohu8.com/S/SFM\">$(SFM)$</a> -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&amp;P 500 have 25% or more \"sell\" ratings. \n</p>\n<p>\n  Here's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR): \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Projected sales CAGR</td><td>Est. sales -- 2020</td><td>Est. sales -- 2021</td><td>Est. sales -- 2022</td><td>Est. sales -- 2023</td><td>Est. sales -- 2024</td><td>Est. sales -- 2025 </td></tr><tr><td>Walmart Inc. WMT</td><td>2.2%</td><td>$556,334</td><td>$555,252</td><td>$569,243</td><td>$589,791</td><td>$607,056</td><td>$619,743 </td></tr><tr><td>Kroger Co. KR</td><td>2.2%</td><td>$131,133</td><td>$132,473</td><td>$134,412</td><td>$136,506</td><td>$141,695</td><td>$146,252 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>1.8%</td><td>$68,664</td><td>$67,714</td><td>$68,412</td><td>$70,006</td><td>$72,540</td><td>$75,056 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>5.6%</td><td>$6,468</td><td>$6,202</td><td>$6,665</td><td>$7,230</td><td>$7,826</td><td>$8,491 </td></tr><tr><td>Grocery Outlet Holding Corp. GO</td><td>7.4%</td><td>$3,135</td><td>$3,104</td><td>$3,444</td><td>$3,842</td><td>$4,068</td><td>$4,477 </td></tr><tr><td>Arko Corp. ARKO</td><td>18.3%</td><td>$3,911</td><td>$7,366</td><td>$7,749</td><td>$8,299</td><td>$8,713</td><td>$9,060 </td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  For sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates. \n</p>\n<p>\n  Kroger is in the bottom half of that list. \n</p>\n<p>\n  Even if a company's profits are increasing slowly,  its earnings per share can be boosted  if it buys back enough stock to lower the average share count. Kroger  announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation. \n</p>\n<p>\n  Here's a set of estimates for earnings per share, with projected CAGR: \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Projected EPS CAGR</td><td>Est. net income -- 2020</td><td>Est. net income -- 2021</td><td>Est. net income -- 2022</td><td>Est. net income -- 2023</td><td>Est. net income -- 2024</td><td>Est. net income -- 2025 </td></tr><tr><td>Walmart Inc. WMT</td><td>7.2%</td><td>$5.44</td><td>$5.96</td><td>$6.30</td><td>$6.85</td><td>$7.38</td><td>$7.70 </td></tr><tr><td>Kroger Co. KR</td><td>0.4%</td><td>$3.37</td><td>$3.10</td><td>$3.06</td><td>$3.13</td><td>$3.36</td><td>$3.43 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>-1.1%</td><td>$2.79</td><td>$2.36</td><td>$2.21</td><td>$2.34</td><td>$2.48</td><td>$2.63 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>6.7%</td><td>$2.48</td><td>$1.97</td><td>$2.08</td><td>$2.34</td><td>$2.90</td><td>$3.43 </td></tr><tr><td>Grocery Outlet Holding Corp. GO</td><td>3.9%</td><td>$1.15</td><td>$0.88</td><td>$1.01</td><td>$1.14</td><td>$1.23</td><td>$1.39 </td></tr><tr><td>Arko Corp. ARKO</td><td>24.7%</td><td>$0.27</td><td>$0.35</td><td>$0.43</td><td>$0.53</td><td>$0.67</td><td>$0.81 </td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  As you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR. \n</p>\n<p>\n  So a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner. \n</p>\n<p>\n  Don't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves  \n</p>\n<p>\n  -Philip van Doorn \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  August 21, 2021 09:22 ET (13:22 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KR":"克罗格","SFM":"Sprouts Farmers Market Inc","WMT":"沃尔玛","ACI":"艾伯森"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2161741531","content_text":"MW Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio\n\n\n  By Philip van Doorn \n\n\n  Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping \n\n\n  When investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger. \n\n\n  One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR (#phrase-company?ref=COMPANY%7CKR;onlineSignificance=prominent) is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more  than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders. \n\n\n  Berkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report  with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter. \n\n\n  Read:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers  \n\n\n  Wall Street doesn't like Kroger \n\n\n  While Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others , as well as Kroger, Wall Street is more skeptical. \n\n\n  Within the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios. \n\nCompanyMarket cap. ($mil)Forward P/E Walmart Inc. WMT$422,42424.9 Kroger Co. KR$32,46715.0 Albertsons Cos. Inc. Class A ACI$13,68813.5 Sprouts Farmers Markets Inc. SFM$2,76712.3 Grocery Outlet Holding Corp. GO$2,56527.9 Weis Markets Inc. WMK$1,502N/A Arko Corp. ARKO$1,03316.5 Ingles Markets Inc. Class A IMKTA$917N/A Natural Grocers by Vitamin Cottage Inc. NGVC$264N/A Village Super Market Inc. Class A VLGEA$233N/A Source: FactSet For comparison, the S&P 500 indexhas a weighted forward P/E of 21.4, according to FactSet. \n\n  There are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. $(NGVC)$ is covered by only one analyst. \n\n\n  For the six companies covered  by at least four analysts, here's a summary of ratings and price targets: \n\nCompanyShare \"buy\" ratingsShareneutral ratingsShare \"sell\" ratingsClosing price -- Aug. 16Consensus price targetimplied 12-month upside potential Walmart Inc. WMT75%19%6%$152.34$165.108% Kroger Co. KR21%54%25%$45.43$38.49-15% Albertsons Cos. Inc. Class A ACI55%40%5%$30.04$25.28-16% Sprouts Farmers Markets Inc.25%50%25%$24.55$26.508% Grocery Outlet Holding Corp.33%60%7%$26.63$34.3629% Arko Corp.100%0%0%$8.15$13.2563% Source: FactSet \n\n  Among these six stocks, Walmart Inc. $(WMT)$, Albertsons Cos. $(ACI.UK)$ and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price. \n\n\nTwo -- Kroger and Sprouts Farmers Markets Inc. $(SFM)$ -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&P 500 have 25% or more \"sell\" ratings. \n\n\n  Here's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR): \n\nCompanyProjected sales CAGREst. sales -- 2020Est. sales -- 2021Est. sales -- 2022Est. sales -- 2023Est. sales -- 2024Est. sales -- 2025 Walmart Inc. WMT2.2%$556,334$555,252$569,243$589,791$607,056$619,743 Kroger Co. KR2.2%$131,133$132,473$134,412$136,506$141,695$146,252 Albertsons Cos. Inc. Class A ACI1.8%$68,664$67,714$68,412$70,006$72,540$75,056 Sprouts Farmers Markets Inc. SFM5.6%$6,468$6,202$6,665$7,230$7,826$8,491 Grocery Outlet Holding Corp. GO7.4%$3,135$3,104$3,444$3,842$4,068$4,477 Arko Corp. ARKO18.3%$3,911$7,366$7,749$8,299$8,713$9,060 Source: FactSet \n\n  For sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates. \n\n\n  Kroger is in the bottom half of that list. \n\n\n  Even if a company's profits are increasing slowly,  its earnings per share can be boosted  if it buys back enough stock to lower the average share count. Kroger  announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation. \n\n\n  Here's a set of estimates for earnings per share, with projected CAGR: \n\nCompanyProjected EPS CAGREst. net income -- 2020Est. net income -- 2021Est. net income -- 2022Est. net income -- 2023Est. net income -- 2024Est. net income -- 2025 Walmart Inc. WMT7.2%$5.44$5.96$6.30$6.85$7.38$7.70 Kroger Co. KR0.4%$3.37$3.10$3.06$3.13$3.36$3.43 Albertsons Cos. Inc. Class A ACI-1.1%$2.79$2.36$2.21$2.34$2.48$2.63 Sprouts Farmers Markets Inc. SFM6.7%$2.48$1.97$2.08$2.34$2.90$3.43 Grocery Outlet Holding Corp. GO3.9%$1.15$0.88$1.01$1.14$1.23$1.39 Arko Corp. ARKO24.7%$0.27$0.35$0.43$0.53$0.67$0.81 Source: FactSet \n\n  As you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR. \n\n\n  So a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner. \n\n\n  Don't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves  \n\n\n  -Philip van Doorn \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  August 21, 2021 09:22 ET (13:22 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"SFM":0.9,"WMT":0.9,"ACI":0.9,"KR":1}},"isVote":1,"tweetType":1,"viewCount":1273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838427459,"gmtCreate":1629425077471,"gmtModify":1676530036537,"author":{"id":"3563267276927994","authorId":"3563267276927994","name":"beansnsoup","avatar":"https://static.tigerbbs.com/e549bee622d01abf0e3470055b87a299","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563267276927994","idStr":"3563267276927994"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>So sad","listText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>So sad","text":"$Proterra Inc.(PTRA)$So 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go!","images":[{"img":"https://static.tigerbbs.com/33206b75f87a841e3521b5951ccf98f5","width":"1125","height":"2389"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833496502","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896895332,"gmtCreate":1628566627326,"gmtModify":1703508249279,"author":{"id":"3563267276927994","authorId":"3563267276927994","name":"beansnsoup","avatar":"https://static.tigerbbs.com/e549bee622d01abf0e3470055b87a299","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563267276927994","idStr":"3563267276927994"},"themes":[],"htmlText":"Amazing news","listText":"Amazing news","text":"Amazing news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896895332","repostId":"2158478684","repostType":2,"repost":{"id":"2158478684","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628521279,"share":"https://ttm.financial/m/news/2158478684?lang=en_US&edition=fundamental","pubTime":"2021-08-09 23:01","market":"us","language":"en","title":"Amazon to end relationship with Indian seller Cloudtail","url":"https://stock-news.laohu8.com/highlight/detail?id=2158478684","media":"Reuters","summary":"NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc and one of its biggest sellers in India, Cloudtail, have","content":"<p>NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc&nbsp;and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from brick-and-mortar retailers that the seller received preferential treatment.</p>\n<p>A joint venture between Amazon and India's Catamaran that controlled Cloudtail was coming up for renewal on May 19, 2022, and the two sides said in a joint statement they had mutually decided not to extend it beyond that date.</p>\n<p>The decision comes after a Reuters investigation&nbsp;in February based on Amazon documents showed the U.S. company had given preferential treatment for years to a small group of sellers, including Cloudtail, and used them to bypass Indian laws.</p>\n<p>Amazon has said it does not give preferential treatment to any seller and that it complies with the law.</p>\n<p>In their joint statement, Amazon and Catamaran did not say why they had decided to end their joint venture, but said the partnership ran successfully for seven years and made \"tremendous strides.\"</p>\n<p>Cloudtail had been controversial, with Indian brick-and-mortar retailers for years accusing Amazon of giving it preferential treatment which hurt smaller retailers.</p>\n<p>It was formed when Amazon entered a joint venture with an entity formed by one of India’s most famous tech moguls, N.R. Narayana Murthy, which was then used to create Cloudtail, which began offering goods on Amazon.in after it was set up in August 2014.</p>\n<p>The Reuters investigation in February found Amazon publicly called Cloudtail an independent seller offering goods on its marketplace website, but internal company documents revealed the U.S. company was deeply involved in expanding it and used it, among other sellers, to circumvent the country's foreign investment laws.</p>\n<p>The story had triggered calls for a ban and an investigation of Amazon, and the financial crime fighting agency was looking into its findings.</p>\n<p>Amazon also gave Cloudtail, and another seller named Appario, discounted fees, the Reuters investigation found.</p>\n<p>Amazon is also in talks with the parent of Appario to determine whether it wants to renew its joint venture next year, a source with direct knowledge told Reuters on Monday. Appario did not immediately respond to a request for comment.</p>\n<p>The source added that multiple sellers in India were likely to take over Cloudtail's share on Amazon.in over time.</p>\n<p>\"There will be challenges, but the company is fairly confident it will manage,\" the source added.</p>\n<p>Separately, India's Supreme Court on Monday ruled that Amazon and Walmart's Flipkart will have to face antitrust investigations ordered against them in India, dealing a blow to the companies in their key growth market.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon to end relationship with Indian seller Cloudtail</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon to end relationship with Indian seller Cloudtail\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-09 23:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc&nbsp;and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from brick-and-mortar retailers that the seller received preferential treatment.</p>\n<p>A joint venture between Amazon and India's Catamaran that controlled Cloudtail was coming up for renewal on May 19, 2022, and the two sides said in a joint statement they had mutually decided not to extend it beyond that date.</p>\n<p>The decision comes after a Reuters investigation&nbsp;in February based on Amazon documents showed the U.S. company had given preferential treatment for years to a small group of sellers, including Cloudtail, and used them to bypass Indian laws.</p>\n<p>Amazon has said it does not give preferential treatment to any seller and that it complies with the law.</p>\n<p>In their joint statement, Amazon and Catamaran did not say why they had decided to end their joint venture, but said the partnership ran successfully for seven years and made \"tremendous strides.\"</p>\n<p>Cloudtail had been controversial, with Indian brick-and-mortar retailers for years accusing Amazon of giving it preferential treatment which hurt smaller retailers.</p>\n<p>It was formed when Amazon entered a joint venture with an entity formed by one of India’s most famous tech moguls, N.R. Narayana Murthy, which was then used to create Cloudtail, which began offering goods on Amazon.in after it was set up in August 2014.</p>\n<p>The Reuters investigation in February found Amazon publicly called Cloudtail an independent seller offering goods on its marketplace website, but internal company documents revealed the U.S. company was deeply involved in expanding it and used it, among other sellers, to circumvent the country's foreign investment laws.</p>\n<p>The story had triggered calls for a ban and an investigation of Amazon, and the financial crime fighting agency was looking into its findings.</p>\n<p>Amazon also gave Cloudtail, and another seller named Appario, discounted fees, the Reuters investigation found.</p>\n<p>Amazon is also in talks with the parent of Appario to determine whether it wants to renew its joint venture next year, a source with direct knowledge told Reuters on Monday. Appario did not immediately respond to a request for comment.</p>\n<p>The source added that multiple sellers in India were likely to take over Cloudtail's share on Amazon.in over time.</p>\n<p>\"There will be challenges, but the company is fairly confident it will manage,\" the source added.</p>\n<p>Separately, India's Supreme Court on Monday ruled that Amazon and Walmart's Flipkart will have to face antitrust investigations ordered against them in India, dealing a blow to the companies in their key growth market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158478684","content_text":"NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc and one of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from brick-and-mortar retailers that the seller received preferential treatment.\nA joint venture between Amazon and India's Catamaran that controlled Cloudtail was coming up for renewal on May 19, 2022, and the two sides said in a joint statement they had mutually decided not to extend it beyond that date.\nThe decision comes after a Reuters investigation in February based on Amazon documents showed the U.S. company had given preferential treatment for years to a small group of sellers, including Cloudtail, and used them to bypass Indian laws.\nAmazon has said it does not give preferential treatment to any seller and that it complies with the law.\nIn their joint statement, Amazon and Catamaran did not say why they had decided to end their joint venture, but said the partnership ran successfully for seven years and made \"tremendous strides.\"\nCloudtail had been controversial, with Indian brick-and-mortar retailers for years accusing Amazon of giving it preferential treatment which hurt smaller retailers.\nIt was formed when Amazon entered a joint venture with an entity formed by one of India’s most famous tech moguls, N.R. Narayana Murthy, which was then used to create Cloudtail, which began offering goods on Amazon.in after it was set up in August 2014.\nThe Reuters investigation in February found Amazon publicly called Cloudtail an independent seller offering goods on its marketplace website, but internal company documents revealed the U.S. company was deeply involved in expanding it and used it, among other sellers, to circumvent the country's foreign investment laws.\nThe story had triggered calls for a ban and an investigation of Amazon, and the financial crime fighting agency was looking into its findings.\nAmazon also gave Cloudtail, and another seller named Appario, discounted fees, the Reuters investigation found.\nAmazon is also in talks with the parent of Appario to determine whether it wants to renew its joint venture next year, a source with direct knowledge told Reuters on Monday. Appario did not immediately respond to a request for comment.\nThe source added that multiple sellers in India were likely to take over Cloudtail's share on Amazon.in over time.\n\"There will be challenges, but the company is fairly confident it will manage,\" the source added.\nSeparately, India's Supreme Court on Monday ruled that Amazon and Walmart's Flipkart will have to face antitrust investigations ordered against them in India, dealing a blow to the companies in their key growth 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la","images":[{"img":"https://static.tigerbbs.com/5023b17287880ec58aed3436ad41145c","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818915470","isVote":1,"tweetType":1,"viewCount":1361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896892467,"gmtCreate":1628566556659,"gmtModify":1703508248609,"author":{"id":"3563267276927994","authorId":"3563267276927994","name":"beansnsoup","avatar":"https://static.tigerbbs.com/e549bee622d01abf0e3470055b87a299","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563267276927994","authorIdStr":"3563267276927994"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ES3.SI\">$STI ETF(ES3.SI)$</a>Gghvd here","listText":"<a href=\"https://laohu8.com/S/ES3.SI\">$STI ETF(ES3.SI)$</a>Gghvd here","text":"$STI ETF(ES3.SI)$Gghvd 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But Berkshire Hathaway CEO Warren Buffett loves Kroger. \n</p>\n<p>\n  One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR (#phrase-company?ref=COMPANY%7CKR;onlineSignificance=prominent) is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more  than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders. \n</p>\n<p>\n  Berkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report  with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter. \n</p>\n<p>\n  Read:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers  \n</p>\n<p>\n  Wall Street doesn't like Kroger \n</p>\n<p>\n  While Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others , as well as Kroger, Wall Street is more skeptical. \n</p>\n<p>\n  Within the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios. \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Market cap. ($mil)</td><td>Forward P/E </td></tr><tr><td>Walmart Inc. WMT</td><td>$422,424</td><td>24.9 </td></tr><tr><td>Kroger Co. KR</td><td>$32,467</td><td>15.0 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>$13,688</td><td>13.5 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>$2,767</td><td>12.3 </td></tr><tr><td><a href=\"https://laohu8.com/S/GO\">Grocery Outlet Holding</a> Corp. GO</td><td>$2,565</td><td>27.9 </td></tr><tr><td><a href=\"https://laohu8.com/S/WMK\">Weis Markets Inc</a>. WMK</td><td>$1,502</td><td>N/A </td></tr><tr><td>Arko Corp. ARKO</td><td>$1,033</td><td>16.5 </td></tr><tr><td>Ingles Markets Inc. Class A IMKTA</td><td>$917</td><td>N/A </td></tr><tr><td>Natural Grocers by Vitamin Cottage Inc. NGVC</td><td>$264</td><td>N/A </td></tr><tr><td><a href=\"https://laohu8.com/S/VLGEA\">Village Super Market</a> Inc. Class A VLGEA</td><td>$233</td><td>N/A </td></tr><tr><td>Source: FactSet </td><td></td><td></td></tr><tr><td></td><td>For comparison, the S&amp;P 500 index</td><td>has a weighted forward P/E of 21.4, according to FactSet. </td></tr></tbody></table></pre>\n<p>\n  There are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. <a href=\"https://laohu8.com/S/NGVC\">$(NGVC)$</a> is covered by only <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst. \n</p>\n<p>\n  For the six companies covered  by at least four analysts, here's a summary of ratings and price targets: \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Share \"buy\" ratings</td><td>Share</td><td>neutral ratings</td><td>Share \"sell\" ratings</td><td>Closing price -- Aug. 16</td><td>Consensus price target</td><td>implied 12-month upside potential </td></tr><tr><td>Walmart Inc. WMT</td><td>75%</td><td>19%</td><td>6%</td><td>$152.34</td><td>$165.10</td><td>8% </td><td></td></tr><tr><td>Kroger Co. KR</td><td>21%</td><td>54%</td><td>25%</td><td>$45.43</td><td>$38.49</td><td>-15% </td><td></td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>55%</td><td>40%</td><td>5%</td><td>$30.04</td><td>$25.28</td><td>-16% </td><td></td></tr><tr><td>Sprouts Farmers Markets Inc.</td><td>25%</td><td>50%</td><td>25%</td><td>$24.55</td><td>$26.50</td><td>8% </td><td></td></tr><tr><td>Grocery Outlet Holding Corp.</td><td>33%</td><td>60%</td><td>7%</td><td>$26.63</td><td>$34.36</td><td>29% </td><td></td></tr><tr><td>Arko Corp.</td><td>100%</td><td>0%</td><td>0%</td><td>$8.15</td><td>$13.25</td><td>63% </td><td></td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  Among these six stocks, Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a>, Albertsons Cos. <a href=\"https://laohu8.com/S/ACI.UK\">$(ACI.UK)$</a> and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> -- Kroger and Sprouts Farmers Markets Inc. <a href=\"https://laohu8.com/S/SFM\">$(SFM)$</a> -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&amp;P 500 have 25% or more \"sell\" ratings. \n</p>\n<p>\n  Here's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR): \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Projected sales CAGR</td><td>Est. sales -- 2020</td><td>Est. sales -- 2021</td><td>Est. sales -- 2022</td><td>Est. sales -- 2023</td><td>Est. sales -- 2024</td><td>Est. sales -- 2025 </td></tr><tr><td>Walmart Inc. WMT</td><td>2.2%</td><td>$556,334</td><td>$555,252</td><td>$569,243</td><td>$589,791</td><td>$607,056</td><td>$619,743 </td></tr><tr><td>Kroger Co. KR</td><td>2.2%</td><td>$131,133</td><td>$132,473</td><td>$134,412</td><td>$136,506</td><td>$141,695</td><td>$146,252 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>1.8%</td><td>$68,664</td><td>$67,714</td><td>$68,412</td><td>$70,006</td><td>$72,540</td><td>$75,056 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>5.6%</td><td>$6,468</td><td>$6,202</td><td>$6,665</td><td>$7,230</td><td>$7,826</td><td>$8,491 </td></tr><tr><td>Grocery Outlet Holding Corp. GO</td><td>7.4%</td><td>$3,135</td><td>$3,104</td><td>$3,444</td><td>$3,842</td><td>$4,068</td><td>$4,477 </td></tr><tr><td>Arko Corp. ARKO</td><td>18.3%</td><td>$3,911</td><td>$7,366</td><td>$7,749</td><td>$8,299</td><td>$8,713</td><td>$9,060 </td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  For sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates. \n</p>\n<p>\n  Kroger is in the bottom half of that list. \n</p>\n<p>\n  Even if a company's profits are increasing slowly,  its earnings per share can be boosted  if it buys back enough stock to lower the average share count. Kroger  announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation. \n</p>\n<p>\n  Here's a set of estimates for earnings per share, with projected CAGR: \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Projected EPS CAGR</td><td>Est. net income -- 2020</td><td>Est. net income -- 2021</td><td>Est. net income -- 2022</td><td>Est. net income -- 2023</td><td>Est. net income -- 2024</td><td>Est. net income -- 2025 </td></tr><tr><td>Walmart Inc. WMT</td><td>7.2%</td><td>$5.44</td><td>$5.96</td><td>$6.30</td><td>$6.85</td><td>$7.38</td><td>$7.70 </td></tr><tr><td>Kroger Co. KR</td><td>0.4%</td><td>$3.37</td><td>$3.10</td><td>$3.06</td><td>$3.13</td><td>$3.36</td><td>$3.43 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>-1.1%</td><td>$2.79</td><td>$2.36</td><td>$2.21</td><td>$2.34</td><td>$2.48</td><td>$2.63 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>6.7%</td><td>$2.48</td><td>$1.97</td><td>$2.08</td><td>$2.34</td><td>$2.90</td><td>$3.43 </td></tr><tr><td>Grocery Outlet Holding Corp. GO</td><td>3.9%</td><td>$1.15</td><td>$0.88</td><td>$1.01</td><td>$1.14</td><td>$1.23</td><td>$1.39 </td></tr><tr><td>Arko Corp. ARKO</td><td>24.7%</td><td>$0.27</td><td>$0.35</td><td>$0.43</td><td>$0.53</td><td>$0.67</td><td>$0.81 </td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  As you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR. \n</p>\n<p>\n  So a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner. \n</p>\n<p>\n  Don't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves  \n</p>\n<p>\n  -Philip van Doorn \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  August 21, 2021 09:22 ET (13:22 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett bucks Wall Street by adding more Kroger stock to his portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-21 21:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio\n</p>\n<p>\n  By Philip van Doorn \n</p>\n<p>\n  Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping \n</p>\n<p>\n  When investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger. \n</p>\n<p>\n  One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR (#phrase-company?ref=COMPANY%7CKR;onlineSignificance=prominent) is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more  than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders. \n</p>\n<p>\n  Berkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report  with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter. \n</p>\n<p>\n  Read:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers  \n</p>\n<p>\n  Wall Street doesn't like Kroger \n</p>\n<p>\n  While Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others , as well as Kroger, Wall Street is more skeptical. \n</p>\n<p>\n  Within the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios. \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Market cap. ($mil)</td><td>Forward P/E </td></tr><tr><td>Walmart Inc. WMT</td><td>$422,424</td><td>24.9 </td></tr><tr><td>Kroger Co. KR</td><td>$32,467</td><td>15.0 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>$13,688</td><td>13.5 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>$2,767</td><td>12.3 </td></tr><tr><td><a href=\"https://laohu8.com/S/GO\">Grocery Outlet Holding</a> Corp. GO</td><td>$2,565</td><td>27.9 </td></tr><tr><td><a href=\"https://laohu8.com/S/WMK\">Weis Markets Inc</a>. WMK</td><td>$1,502</td><td>N/A </td></tr><tr><td>Arko Corp. ARKO</td><td>$1,033</td><td>16.5 </td></tr><tr><td>Ingles Markets Inc. Class A IMKTA</td><td>$917</td><td>N/A </td></tr><tr><td>Natural Grocers by Vitamin Cottage Inc. NGVC</td><td>$264</td><td>N/A </td></tr><tr><td><a href=\"https://laohu8.com/S/VLGEA\">Village Super Market</a> Inc. Class A VLGEA</td><td>$233</td><td>N/A </td></tr><tr><td>Source: FactSet </td><td></td><td></td></tr><tr><td></td><td>For comparison, the S&amp;P 500 index</td><td>has a weighted forward P/E of 21.4, according to FactSet. </td></tr></tbody></table></pre>\n<p>\n  There are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. <a href=\"https://laohu8.com/S/NGVC\">$(NGVC)$</a> is covered by only <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst. \n</p>\n<p>\n  For the six companies covered  by at least four analysts, here's a summary of ratings and price targets: \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Share \"buy\" ratings</td><td>Share</td><td>neutral ratings</td><td>Share \"sell\" ratings</td><td>Closing price -- Aug. 16</td><td>Consensus price target</td><td>implied 12-month upside potential </td></tr><tr><td>Walmart Inc. WMT</td><td>75%</td><td>19%</td><td>6%</td><td>$152.34</td><td>$165.10</td><td>8% </td><td></td></tr><tr><td>Kroger Co. KR</td><td>21%</td><td>54%</td><td>25%</td><td>$45.43</td><td>$38.49</td><td>-15% </td><td></td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>55%</td><td>40%</td><td>5%</td><td>$30.04</td><td>$25.28</td><td>-16% </td><td></td></tr><tr><td>Sprouts Farmers Markets Inc.</td><td>25%</td><td>50%</td><td>25%</td><td>$24.55</td><td>$26.50</td><td>8% </td><td></td></tr><tr><td>Grocery Outlet Holding Corp.</td><td>33%</td><td>60%</td><td>7%</td><td>$26.63</td><td>$34.36</td><td>29% </td><td></td></tr><tr><td>Arko Corp.</td><td>100%</td><td>0%</td><td>0%</td><td>$8.15</td><td>$13.25</td><td>63% </td><td></td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  Among these six stocks, Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a>, Albertsons Cos. <a href=\"https://laohu8.com/S/ACI.UK\">$(ACI.UK)$</a> and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> -- Kroger and Sprouts Farmers Markets Inc. <a href=\"https://laohu8.com/S/SFM\">$(SFM)$</a> -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&amp;P 500 have 25% or more \"sell\" ratings. \n</p>\n<p>\n  Here's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR): \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Projected sales CAGR</td><td>Est. sales -- 2020</td><td>Est. sales -- 2021</td><td>Est. sales -- 2022</td><td>Est. sales -- 2023</td><td>Est. sales -- 2024</td><td>Est. sales -- 2025 </td></tr><tr><td>Walmart Inc. WMT</td><td>2.2%</td><td>$556,334</td><td>$555,252</td><td>$569,243</td><td>$589,791</td><td>$607,056</td><td>$619,743 </td></tr><tr><td>Kroger Co. KR</td><td>2.2%</td><td>$131,133</td><td>$132,473</td><td>$134,412</td><td>$136,506</td><td>$141,695</td><td>$146,252 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>1.8%</td><td>$68,664</td><td>$67,714</td><td>$68,412</td><td>$70,006</td><td>$72,540</td><td>$75,056 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>5.6%</td><td>$6,468</td><td>$6,202</td><td>$6,665</td><td>$7,230</td><td>$7,826</td><td>$8,491 </td></tr><tr><td>Grocery Outlet Holding Corp. GO</td><td>7.4%</td><td>$3,135</td><td>$3,104</td><td>$3,444</td><td>$3,842</td><td>$4,068</td><td>$4,477 </td></tr><tr><td>Arko Corp. ARKO</td><td>18.3%</td><td>$3,911</td><td>$7,366</td><td>$7,749</td><td>$8,299</td><td>$8,713</td><td>$9,060 </td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  For sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates. \n</p>\n<p>\n  Kroger is in the bottom half of that list. \n</p>\n<p>\n  Even if a company's profits are increasing slowly,  its earnings per share can be boosted  if it buys back enough stock to lower the average share count. Kroger  announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation. \n</p>\n<p>\n  Here's a set of estimates for earnings per share, with projected CAGR: \n</p>\n<pre><table><tbody><tr><td>Company</td><td>Projected EPS CAGR</td><td>Est. net income -- 2020</td><td>Est. net income -- 2021</td><td>Est. net income -- 2022</td><td>Est. net income -- 2023</td><td>Est. net income -- 2024</td><td>Est. net income -- 2025 </td></tr><tr><td>Walmart Inc. WMT</td><td>7.2%</td><td>$5.44</td><td>$5.96</td><td>$6.30</td><td>$6.85</td><td>$7.38</td><td>$7.70 </td></tr><tr><td>Kroger Co. KR</td><td>0.4%</td><td>$3.37</td><td>$3.10</td><td>$3.06</td><td>$3.13</td><td>$3.36</td><td>$3.43 </td></tr><tr><td>Albertsons Cos. Inc. Class A ACI</td><td>-1.1%</td><td>$2.79</td><td>$2.36</td><td>$2.21</td><td>$2.34</td><td>$2.48</td><td>$2.63 </td></tr><tr><td>Sprouts Farmers Markets Inc. SFM</td><td>6.7%</td><td>$2.48</td><td>$1.97</td><td>$2.08</td><td>$2.34</td><td>$2.90</td><td>$3.43 </td></tr><tr><td>Grocery Outlet Holding Corp. GO</td><td>3.9%</td><td>$1.15</td><td>$0.88</td><td>$1.01</td><td>$1.14</td><td>$1.23</td><td>$1.39 </td></tr><tr><td>Arko Corp. ARKO</td><td>24.7%</td><td>$0.27</td><td>$0.35</td><td>$0.43</td><td>$0.53</td><td>$0.67</td><td>$0.81 </td></tr><tr><td>Source: FactSet </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></tbody></table></pre>\n<p>\n  As you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR. \n</p>\n<p>\n  So a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner. \n</p>\n<p>\n  Don't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves  \n</p>\n<p>\n  -Philip van Doorn \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  August 21, 2021 09:22 ET (13:22 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KR":"克罗格","SFM":"Sprouts Farmers Market Inc","WMT":"沃尔玛","ACI":"艾伯森"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2161741531","content_text":"MW Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio\n\n\n  By Philip van Doorn \n\n\n  Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping \n\n\n  When investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger. \n\n\n  One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR (#phrase-company?ref=COMPANY%7CKR;onlineSignificance=prominent) is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more  than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders. \n\n\n  Berkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report  with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter. \n\n\n  Read:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers  \n\n\n  Wall Street doesn't like Kroger \n\n\n  While Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others , as well as Kroger, Wall Street is more skeptical. \n\n\n  Within the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios. \n\nCompanyMarket cap. ($mil)Forward P/E Walmart Inc. WMT$422,42424.9 Kroger Co. KR$32,46715.0 Albertsons Cos. Inc. Class A ACI$13,68813.5 Sprouts Farmers Markets Inc. SFM$2,76712.3 Grocery Outlet Holding Corp. GO$2,56527.9 Weis Markets Inc. WMK$1,502N/A Arko Corp. ARKO$1,03316.5 Ingles Markets Inc. Class A IMKTA$917N/A Natural Grocers by Vitamin Cottage Inc. NGVC$264N/A Village Super Market Inc. Class A VLGEA$233N/A Source: FactSet For comparison, the S&P 500 indexhas a weighted forward P/E of 21.4, according to FactSet. \n\n  There are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. $(NGVC)$ is covered by only one analyst. \n\n\n  For the six companies covered  by at least four analysts, here's a summary of ratings and price targets: \n\nCompanyShare \"buy\" ratingsShareneutral ratingsShare \"sell\" ratingsClosing price -- Aug. 16Consensus price targetimplied 12-month upside potential Walmart Inc. WMT75%19%6%$152.34$165.108% Kroger Co. KR21%54%25%$45.43$38.49-15% Albertsons Cos. Inc. Class A ACI55%40%5%$30.04$25.28-16% Sprouts Farmers Markets Inc.25%50%25%$24.55$26.508% Grocery Outlet Holding Corp.33%60%7%$26.63$34.3629% Arko Corp.100%0%0%$8.15$13.2563% Source: FactSet \n\n  Among these six stocks, Walmart Inc. $(WMT)$, Albertsons Cos. $(ACI.UK)$ and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price. \n\n\nTwo -- Kroger and Sprouts Farmers Markets Inc. $(SFM)$ -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&P 500 have 25% or more \"sell\" ratings. \n\n\n  Here's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR): \n\nCompanyProjected sales CAGREst. sales -- 2020Est. sales -- 2021Est. sales -- 2022Est. sales -- 2023Est. sales -- 2024Est. sales -- 2025 Walmart Inc. WMT2.2%$556,334$555,252$569,243$589,791$607,056$619,743 Kroger Co. KR2.2%$131,133$132,473$134,412$136,506$141,695$146,252 Albertsons Cos. Inc. Class A ACI1.8%$68,664$67,714$68,412$70,006$72,540$75,056 Sprouts Farmers Markets Inc. SFM5.6%$6,468$6,202$6,665$7,230$7,826$8,491 Grocery Outlet Holding Corp. GO7.4%$3,135$3,104$3,444$3,842$4,068$4,477 Arko Corp. ARKO18.3%$3,911$7,366$7,749$8,299$8,713$9,060 Source: FactSet \n\n  For sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates. \n\n\n  Kroger is in the bottom half of that list. \n\n\n  Even if a company's profits are increasing slowly,  its earnings per share can be boosted  if it buys back enough stock to lower the average share count. Kroger  announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation. \n\n\n  Here's a set of estimates for earnings per share, with projected CAGR: \n\nCompanyProjected EPS CAGREst. net income -- 2020Est. net income -- 2021Est. net income -- 2022Est. net income -- 2023Est. net income -- 2024Est. net income -- 2025 Walmart Inc. WMT7.2%$5.44$5.96$6.30$6.85$7.38$7.70 Kroger Co. KR0.4%$3.37$3.10$3.06$3.13$3.36$3.43 Albertsons Cos. Inc. Class A ACI-1.1%$2.79$2.36$2.21$2.34$2.48$2.63 Sprouts Farmers Markets Inc. SFM6.7%$2.48$1.97$2.08$2.34$2.90$3.43 Grocery Outlet Holding Corp. GO3.9%$1.15$0.88$1.01$1.14$1.23$1.39 Arko Corp. ARKO24.7%$0.27$0.35$0.43$0.53$0.67$0.81 Source: FactSet \n\n  As you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR. \n\n\n  So a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner. \n\n\n  Don't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves  \n\n\n  -Philip van Doorn \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  August 21, 2021 09:22 ET (13:22 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"SFM":0.9,"WMT":0.9,"ACI":0.9,"KR":1}},"isVote":1,"tweetType":1,"viewCount":1273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838427343,"gmtCreate":1629425050382,"gmtModify":1676530036519,"author":{"id":"3563267276927994","authorId":"3563267276927994","name":"beansnsoup","avatar":"https://static.tigerbbs.com/e549bee622d01abf0e3470055b87a299","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563267276927994","authorIdStr":"3563267276927994"},"themes":[],"htmlText":"It do go up","listText":"It do go up","text":"It do go up","images":[{"img":"https://static.tigerbbs.com/710ddf50c4469fc7683aeaba1b26e19e","width":"1125","height":"2902"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838427343","isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":833492512,"gmtCreate":1629253655936,"gmtModify":1676529980698,"author":{"id":"3563267276927994","authorId":"3563267276927994","name":"beansnsoup","avatar":"https://static.tigerbbs.com/e549bee622d01abf0e3470055b87a299","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563267276927994","authorIdStr":"3563267276927994"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>Oh no…","listText":"<a href=\"https://laohu8.com/S/PTRA\">$Proterra Inc.(PTRA)$</a>Oh no…","text":"$Proterra Inc.(PTRA)$Oh no…","images":[{"img":"https://static.tigerbbs.com/ebe67543fcb6593c49e342baa289bada","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833492512","isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":833496502,"gmtCreate":1629253620006,"gmtModify":1676529980682,"author":{"id":"3563267276927994","authorId":"3563267276927994","name":"beansnsoup","avatar":"https://static.tigerbbs.com/e549bee622d01abf0e3470055b87a299","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563267276927994","authorIdStr":"3563267276927994"},"themes":[],"htmlText":"Lets go!","listText":"Lets go!","text":"Lets go!","images":[{"img":"https://static.tigerbbs.com/33206b75f87a841e3521b5951ccf98f5","width":"1125","height":"2389"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833496502","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896895332,"gmtCreate":1628566627326,"gmtModify":1703508249279,"author":{"id":"3563267276927994","authorId":"3563267276927994","name":"beansnsoup","avatar":"https://static.tigerbbs.com/e549bee622d01abf0e3470055b87a299","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563267276927994","authorIdStr":"3563267276927994"},"themes":[],"htmlText":"Amazing news","listText":"Amazing news","text":"Amazing news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896895332","repostId":"2158478684","repostType":2,"repost":{"id":"2158478684","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628521279,"share":"https://ttm.financial/m/news/2158478684?lang=en_US&edition=fundamental","pubTime":"2021-08-09 23:01","market":"us","language":"en","title":"Amazon to end relationship with Indian seller Cloudtail","url":"https://stock-news.laohu8.com/highlight/detail?id=2158478684","media":"Reuters","summary":"NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc and one of its biggest sellers in India, Cloudtail, have","content":"<p>NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc&nbsp;and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from brick-and-mortar retailers that the seller received preferential treatment.</p>\n<p>A joint venture between Amazon and India's Catamaran that controlled Cloudtail was coming up for renewal on May 19, 2022, and the two sides said in a joint statement they had mutually decided not to extend it beyond that date.</p>\n<p>The decision comes after a Reuters investigation&nbsp;in February based on Amazon documents showed the U.S. company had given preferential treatment for years to a small group of sellers, including Cloudtail, and used them to bypass Indian laws.</p>\n<p>Amazon has said it does not give preferential treatment to any seller and that it complies with the law.</p>\n<p>In their joint statement, Amazon and Catamaran did not say why they had decided to end their joint venture, but said the partnership ran successfully for seven years and made \"tremendous strides.\"</p>\n<p>Cloudtail had been controversial, with Indian brick-and-mortar retailers for years accusing Amazon of giving it preferential treatment which hurt smaller retailers.</p>\n<p>It was formed when Amazon entered a joint venture with an entity formed by one of India’s most famous tech moguls, N.R. Narayana Murthy, which was then used to create Cloudtail, which began offering goods on Amazon.in after it was set up in August 2014.</p>\n<p>The Reuters investigation in February found Amazon publicly called Cloudtail an independent seller offering goods on its marketplace website, but internal company documents revealed the U.S. company was deeply involved in expanding it and used it, among other sellers, to circumvent the country's foreign investment laws.</p>\n<p>The story had triggered calls for a ban and an investigation of Amazon, and the financial crime fighting agency was looking into its findings.</p>\n<p>Amazon also gave Cloudtail, and another seller named Appario, discounted fees, the Reuters investigation found.</p>\n<p>Amazon is also in talks with the parent of Appario to determine whether it wants to renew its joint venture next year, a source with direct knowledge told Reuters on Monday. Appario did not immediately respond to a request for comment.</p>\n<p>The source added that multiple sellers in India were likely to take over Cloudtail's share on Amazon.in over time.</p>\n<p>\"There will be challenges, but the company is fairly confident it will manage,\" the source added.</p>\n<p>Separately, India's Supreme Court on Monday ruled that Amazon and Walmart's Flipkart will have to face antitrust investigations ordered against them in India, dealing a blow to the companies in their key growth market.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon to end relationship with Indian seller Cloudtail</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon to end relationship with Indian seller Cloudtail\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-09 23:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc&nbsp;and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from brick-and-mortar retailers that the seller received preferential treatment.</p>\n<p>A joint venture between Amazon and India's Catamaran that controlled Cloudtail was coming up for renewal on May 19, 2022, and the two sides said in a joint statement they had mutually decided not to extend it beyond that date.</p>\n<p>The decision comes after a Reuters investigation&nbsp;in February based on Amazon documents showed the U.S. company had given preferential treatment for years to a small group of sellers, including Cloudtail, and used them to bypass Indian laws.</p>\n<p>Amazon has said it does not give preferential treatment to any seller and that it complies with the law.</p>\n<p>In their joint statement, Amazon and Catamaran did not say why they had decided to end their joint venture, but said the partnership ran successfully for seven years and made \"tremendous strides.\"</p>\n<p>Cloudtail had been controversial, with Indian brick-and-mortar retailers for years accusing Amazon of giving it preferential treatment which hurt smaller retailers.</p>\n<p>It was formed when Amazon entered a joint venture with an entity formed by one of India’s most famous tech moguls, N.R. Narayana Murthy, which was then used to create Cloudtail, which began offering goods on Amazon.in after it was set up in August 2014.</p>\n<p>The Reuters investigation in February found Amazon publicly called Cloudtail an independent seller offering goods on its marketplace website, but internal company documents revealed the U.S. company was deeply involved in expanding it and used it, among other sellers, to circumvent the country's foreign investment laws.</p>\n<p>The story had triggered calls for a ban and an investigation of Amazon, and the financial crime fighting agency was looking into its findings.</p>\n<p>Amazon also gave Cloudtail, and another seller named Appario, discounted fees, the Reuters investigation found.</p>\n<p>Amazon is also in talks with the parent of Appario to determine whether it wants to renew its joint venture next year, a source with direct knowledge told Reuters on Monday. Appario did not immediately respond to a request for comment.</p>\n<p>The source added that multiple sellers in India were likely to take over Cloudtail's share on Amazon.in over time.</p>\n<p>\"There will be challenges, but the company is fairly confident it will manage,\" the source added.</p>\n<p>Separately, India's Supreme Court on Monday ruled that Amazon and Walmart's Flipkart will have to face antitrust investigations ordered against them in India, dealing a blow to the companies in their key growth market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158478684","content_text":"NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc and one of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from brick-and-mortar retailers that the seller received preferential treatment.\nA joint venture between Amazon and India's Catamaran that controlled Cloudtail was coming up for renewal on May 19, 2022, and the two sides said in a joint statement they had mutually decided not to extend it beyond that date.\nThe decision comes after a Reuters investigation in February based on Amazon documents showed the U.S. company had given preferential treatment for years to a small group of sellers, including Cloudtail, and used them to bypass Indian laws.\nAmazon has said it does not give preferential treatment to any seller and that it complies with the law.\nIn their joint statement, Amazon and Catamaran did not say why they had decided to end their joint venture, but said the partnership ran successfully for seven years and made \"tremendous strides.\"\nCloudtail had been controversial, with Indian brick-and-mortar retailers for years accusing Amazon of giving it preferential treatment which hurt smaller retailers.\nIt was formed when Amazon entered a joint venture with an entity formed by one of India’s most famous tech moguls, N.R. Narayana Murthy, which was then used to create Cloudtail, which began offering goods on Amazon.in after it was set up in August 2014.\nThe Reuters investigation in February found Amazon publicly called Cloudtail an independent seller offering goods on its marketplace website, but internal company documents revealed the U.S. company was deeply involved in expanding it and used it, among other sellers, to circumvent the country's foreign investment laws.\nThe story had triggered calls for a ban and an investigation of Amazon, and the financial crime fighting agency was looking into its findings.\nAmazon also gave Cloudtail, and another seller named Appario, discounted fees, the Reuters investigation found.\nAmazon is also in talks with the parent of Appario to determine whether it wants to renew its joint venture next year, a source with direct knowledge told Reuters on Monday. Appario did not immediately respond to a request for comment.\nThe source added that multiple sellers in India were likely to take over Cloudtail's share on Amazon.in over time.\n\"There will be challenges, but the company is fairly confident it will manage,\" the source added.\nSeparately, India's Supreme Court on Monday ruled that Amazon and Walmart's Flipkart will have to face antitrust investigations ordered against them in India, dealing a blow to the companies in their key growth market.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801522093,"gmtCreate":1627523927912,"gmtModify":1703491630225,"author":{"id":"3563267276927994","authorId":"3563267276927994","name":"beansnsoup","avatar":"https://static.tigerbbs.com/e549bee622d01abf0e3470055b87a299","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563267276927994","authorIdStr":"3563267276927994"},"themes":[],"htmlText":"Lets go!","listText":"Lets go!","text":"Lets go!","images":[{"img":"https://static.tigerbbs.com/3263f76458c93cebaf00dd282f87b8c2","width":"1125","height":"3173"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801522093","isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}